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This Costcutter store in Devizes, Wiltshire, was run by our clients for 8 years before being offered to the market in early 2014.
The store recently incorporated a major refit and is in excellent condition throughout with a full range of modern fixtures and fittings with a further £35,000 worth of fitments installed. The business benefits from no competition within a 3 mile radius and therefore ideally supports 4 local villages, generating a weekly turnover of around £9,000 to £10,000.
The store supplies a large selection of household goods and foods including fresh and frozen, in addition to Alcohol, cigarettes newspapers and more recently hot and cold food and drinks. In addition, the business is fitted with pay point and lottery which earns a very healthy commission.
The premises sits below a 3 bedroom detached house which is currently sub let by the clients.
Our clients decided to put the business on the market in order to pursue other business interests.
The buyer,
Tony Start, owns various businesses and will add the store to his portfolio.
All current staff will be retained by Mr Start.
