Costcutter Stores at St Columb now available at reduced guide price.
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Written by Russell Weetch
Monday, 21 April 2008
 Miller Commercial of Truro continue to actively market the Costcutter Stores located in Fore St,  the main thoroughfare of St Columb Major, Cornwall. The business now is being offered off a competitively lower, freehold, guide price of £460,000SAV, with a view to achieving an early contract of sale.

The Costcutter Stores is an established, terraced, convenience store, which belies its’ external appearance by providing 925sq,ft. of retail sales area, together with a further 300sq.ft. of storage accommodation to the rear. The first floor, which is separately accessed, offers a 3 / 4 bedroomed owners’ maisonette apartment with garage and facilities to the rear.

The business as the name implies, trades under the Costcutter banner and retails all the usual lines that a small town convenience store might offer. In addition, the business benefits from an off-licence counter and the selling of greeting cards and newspapers. There is an in-store bake-off facility, a Link ATM and a DVD rental service.

With no supermarket within St Columb Major, the business trades strongly over 7 days per week.

Recent audited accounts are reported to show average sales of over £10,000 per week, with a figure of £525,000 for the year, generating a reconstituted net profit in the region of  £43,000 for the period.

Russell Weetch, Head of Business Transfer at Miller Commercial comments, ‘This business stands in a traditional small Cornish town, which has seen considerable residential regeneration with new housing estates over recent years. As a result, it should continue to trade well, and with a now reduced asking price, it is at this moment well worth an early viewing’.

FOR FULL DETAILS CONTACT RUSSELL WEETCH AT MILLER COMMERCIAL TRURO ON 01872 247005.