Cork Retail Business With Large Freehold Premises For Sale

Business description

RTA Business Sales are delighted to offer this
• Retail Business With Large Freehold Premises For Sale
• An Ideal Trading Position in Busy Town in West Cork
• Substantial and Secure Premises
• Consistent levels of Turnover and Profitability
• Very Loyal Local Customer Base
• Huge Development Potential and Retail Expansion
• Genuine Reason For Sale

THE BUSINESS
Retail Business with Large Freehold Premises including substantial Residential Accommodation in busy West Cork Town For Sale. An easily managed retail venture yielding high profit margins forms the hub of this investment opportunity. Currently run by a couple and a part time member of staff this venture presents a turn-key opportunity for the right buyer. The lucrative retail business is for sale along with a substantial freehold premises located in the heart of one of the most sought after holiday destinations in Ireland. The village is complemented by a full range of services and facilities more commonly associated with a much larger town.

The town, which cannot be mentioned due to the confidential nature of the business, is under huge infrastructure development. This business also offers any interested buyerdevelopment potential to the rear and side of the premises on a large site.

FINANCIAL INFORMATION
This business comes onto the market at €1,300,000

PROPERTY DESCRIPTION
Shop Accommodation 850 Sq.ft

Occupying a prime location on the main thoroughfare of this thriving village, the tastefully presented shop front invites customers through an attractive front door entrance. Fitted and presented to high trade specifications throughout, he ground floor retail area measures approximately 850 square feet, well laid out in an open plan fashion. Two large storage area and an office occupy the remainder of the ground floor. The property has the advantage of a separate entrance adjacent to the shop entrance. There are two storage areas and an office measuring 600 Sq.ft.

Private Accommodation
There are a further 2 floors of residential accommodation containing the following:
Kitchen, Sitting Room, Shower Room, Bathroom, Six Bedrooms one of which is ensuite.

A separate self contained apartment with a bedroom, toilet/shower room, kitchenette and living room.

The residential accommodation measures approximately 2500 square feet and is currently generating a substantial rental income.

A large sheltered private patio area of approximately 900 square feet is located at the rear of the property. The property is located on the sunny side of the busy street.

There is development potential to the rear and sides of the building. The property would lend itself to a number of other retail ventures also.

BUSINESS RATES
We are advised that the business rates for this business are 3,200 per annum.

FIXTURES and FITTINGS
Fully fixed and fitted throughout.

EXTERNAL
The exterior of the premises is extremely well presented with car parking facilities to the front of the business providing ample car parking space for customers. To the rear of the premises there is a large area offering huge development potential.

CURRENT TRADING HOURS
Monday to Saturday 9 am - 6 pm. This store operates 7 days a week during the summer season.

Property information

Real Estate:

Real Property Included