Chartered Surveyors and Business Property Specialists
Paul Collins Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

For Sale
1 of 8

SPAR Stores, 42, Fore Street, Pool

Convenience Store for sale

£240,000 Guide price

Freehold

A wonderful opportunity to acquire a highly successful, Freehold, SPAR branded convenience store in a prominent roadside position in a rapidly expanding residential area and is close to a number of schools and one of the Counties largest College campuses. The Property has spacious 3 Bedroom owners accommodation and a large enclosed Garden to the Rear.

  • PROMINENT ROADSIDE CONVENIENCE STORE
  • CLOSE TO CORNWALL COLLEGE AND SCHOOLS
  • SPACIOUS 3 BEDROOM OWNERS ACCOMMODATION
  • GROWING ONLINE/HOME DELIVERY SALES
  • IDEAL FIRST BUSINESS
  • EPC E107

Property Brochure PDF Location Map

Situation

This well presented, SPAR branded convenience store is situated on a busy main road between the thriving towns of Redruth and Camborne and is close to an number schools, Cornwall College, several industrial estates/business parks in an area that has seen significant investment and regeneration in recent times with a number of sizeable housing developments having been completed within the last few years.

The Business

Our clients run the business as a husband and wife team with the assistance 3 Part Time members of staff, the shops opening hours are currently 6am – 10pm seven days a week. The shop is exceptionally well stocked with circa 1500 product lines currently available. In recent months our clients have developed an extremely profitable Home Delivery service from the premises and have two self employed drivers covering the immediate area and several of the outlying villages with sales via the online App of circa £8,000 – £10,000 a week! Home delivery is currently available 9am – 9pm seven days a week with the customers paying a service charge of 4% to the App provider and a flat delivery fee of £3 per order.

Our clients have achieved consistent year on year growth since acquiring the business with the accounts for the year ending 31/3/2020 showing sales of £444,932.81 (excluding Lottery, Paypoint, Stamps etc) with the first 6 months of the current financial year showing an increase in sales in the region of £132,000. Full accounts will only be made available subject to a viewing appointment in the usual manner.

The Shop

The retail area is well presented throughout with a comprehensive array of fixed and freestanding display shelving, Multi Deck display fridges, display freezer cabinets, Coffee machine, Bottle Fridge, Ice Cream freezer, Lottery terminal, tobacco gantry, EPOS till system and a comprehensive CCTV system. To the rear of the shop area is a small store room with shelving and a door to the owners accommodation.

Owners Accommodation

The owners accommodation is laid out over two floors, is well presented throughout and comprises in brief a refitted Galley style kitchen, spacious Lounge/Diner and on the first floor are 2 Double Bedrooms, 1 large Single Bedroom and the family Bathroom. Externally the property has a large enclosed garden with various sheds and storerooms.
(For Further detail please consult the floor plan)

Energy Performance Certificate

The Energy Performance Rating for this property is within Band E107.

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Premises License

We understand the premises benefits from a License permitting the sale of alcohol for consumption off the premises

Stock

To be taken at valuation.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Information

For further information or an appointment to view please contact either:-

Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk or
Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.

Interested in this Property?
Connect with our Expert

Paul Collins Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

Property Brochure PDF