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Title: |
Supermarket with Large Property - North-East Based |
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Business Description: |
Long established thriving Supermarket with full butchery. This is a freehold property. Located in a tax-designated area, with full planning permission for both commercial/residential developments in a sizeable north-eastern town, the business/premises offers significant opportunities to an investor or an owner occupier. An attached P.O complements the business. |
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Location: |
North-east town with large hinterland |
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Financial Profile: |
Currently the supermarket business achieves in excess of euro900k p.a. Currently is does not have wine/off-licence, newspapers, lotto, late opening and is closed Sundays. |
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Premises: |
Supermarket in 2,000 sq. ft and can be expanded to 3,500 sq. ft without much difficulty. Total area: 7,000 sq. ft approx. This includes a 6-bed residence and storage. |
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Year Business Established: |
Early in 20th Century |
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Detailed Text: |
The vendor is currently considering expansion to take advantage of the business/residential tax advantages, but will also sell the business/property in order to concentrate on his other business interests. It offers much potential for expansion (e.g off-Licence, newsagents, lotto, longer opening hours, etc) and is an excellent opportunity for a client seeking a turnkey retail business with additional development options. This business would benefit from some modernisation and a full comprehensive package is in place to allow its complete development. |
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IBSCI Reference: |
NE050308 |
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