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Retail premises for sale

£30,000 (£30,000/sq. ft) Fixed price

College Road, Plymouth PL2

1 sq. ft*
Interested in this property? Call +44 1297 257956 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Plymouth Convenience Store
  • Highly visible location
  • Recently refurbished sales area
  • Healthy turnover and profits
  • Fantastic change of lifestyle opportunity
  • Good sized 2 bedroom family accommodation
  • Private Garden

Property description

Falcon Commercial is delighted to offer for sale this thriving Convenience Store. It has been under the proud ownership of our clients since 2006 during which time they have made considerable investment in an extensive refurbishment of the premises. It is now reluctantly being placed on the market as the vendor wishes to semi retire. During our clients stewardship the business has built up an excellent reputation for its welcoming atmosphere and friendly service.

Operating from substantial landmark premises of real charm and character, this very well established, family-run concern has become an important focal point of the local community in the course of many years’ successful trading by conducting a useful and popular retail operation of an extensive selection of general and frozen convenience grocery items.

The store also stocks an excellent choice of chilled and dairy products, general household goods, traditional beers, wines and spirits and a range of news, confectionery and tobacco lines, in addition to holding valuable pay zone and national lottery franchises.

College Road Stores is run by our clients. The business is run at a pace to suite the owners and we are advised that it generates a turnover in the region of £180,000 per year with high gross profit margins. There is tremendous potential to increase the turnover by extending the opening hours to include early mornings or expand the range of food to go.

The Premises

Substantial and well maintained building, benefiting from being in a highly visible position in a densely populates residential part of Plymouth.

The retail premises have recently been extensively refurbished and are fitted and presented to high trade specifications throughout. These charming premises provide outstanding and highly functional internal business accommodation as well as spacious private 2 bedroom owner’s accommodation with garden.

The premises briefly comprise:

Internal accommodation

Ground Floor

Retail area which benefits from CCTV and boasts a full range of modern, high quality fixed and freestanding purpose-built display furniture and shelving, in addition to various refrigerated and frozen display cabinets, extensive periodical and greetings cards racking, an ice cream conservator and a prominent, fully fitted general point-of-sale counter area with off-licence section, confectionery displays, tobacco gantry, electronic till point and full complement of Pay zone and National Lottery facilities.
Store room
Shower room with toilet
First Floor

Lounge
Kitchen
Toilet
Bathroom
Double bedroom
Double bedroom
External

Private garden
Storage shed
Business Details

Opening Hours

8.00am – 9.00pm Monday – Saturday
9.00am – 2.00pm Sundays
Turnover

£180,000 Per year
Accounts

Accounts will be provided to genuine purchasers after a formal viewing
Business Rates

Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the voa website

Legal Costs

Each party to bear their own legal costs incurred in the transaction.
Planning

Potential tenants are advised to make their own enquiries to Plymouth City Council Planning Telephone or email

Stock

The business stock value is: £8,000
Staff

The business is run by our clients as a husband and wife team

EPC


Commercial Energy Performance rating: Tbc
Tenure

We are advised that a new lease, the details of which are to be agreed will be offered to suitable applicants. Rent payable £12,000 per year
Location

Plymouth is situated on the south coast of Devon, England, about 190 miles (310 km) south-west of London. It is situated between the mouths of the rivers Plym to the east and Tamar to the west, where they join Plymouth Sound.

The city is home to around 250,000 people, making it the 27th most populous built-up area in England and Wales. It is governed locally by Plymouth City Council and is represented nationally by three MPs. Plymouth’s economy is still strongly influenced by shipbuilding, but has become a more service-based economy since the 1990s. It has the ninth largest university in the United Kingdom

What Zoopla users think of Plymouth

Overall rating:

  • currently 4 stars
Very good - 78% (285 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

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Nearby transport

  • Dockyard (Devonport) (0.2 miles)
  • Keyham (0.4 miles)
  • Devonport (0.5 miles)
  • Exeter International Airport (41.3 miles)
  • Cardiff Airport (78.8 miles)
  • Bristol Airport (93.8 miles)
  • Devonport Ferry Terminal (0.7 miles)
  • Torpoint Ferry Terminal (1.0 mile)
  • Plymouth Stonehouse Ferry Terminal (1.4 miles)

Nearby schools

View all schools in Plymouth
  • College Road Primary School (0.0 miles)
  • Morice Town Primary Academy (0.3 miles)
  • Drake Primary Academy (0.3 miles)
  • Callywith College (24.9 miles)
  • EF Academy Torbay (29.0 miles)
  • Exeter Mathematics School (36.9 miles)
  • Stoke Damerel Community College (0.7 miles)
  • Devonport High School for Boys (0.9 miles)
  • Devonport High School for Girls (1.2 miles)
Note: Distances are straight line measurements

Local info for Plymouth

About the neighbours in PL2

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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For more information about this property, please contact
Falcon Commercial, EX13 on +44 1297 257956 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Falcon Commercial, and do not constitute property particulars. Please contact Falcon Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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