Freehold Minimarket In Tenerife Substantially Reduced For Sale

Business description

Reduced To Just £10,000
This is a minimarket on a residential complex of about 300 apartments in Costa del Siencio, Tenerife. Established over 20 years ago and known and used by surrounding complexes as well.

It's just 35m2 but has over 200 products and can easily be run by 1 or 2 people. My wife and I have run this minimarket for almost 10 years but we have moved back to the UK for our daughters education and my mother-in-law is currently looking after shop until we sell.

We were selling for 40,000 but my mother-in-law's health has deteriorated and will not be able to look after the shop for much longer so we must sell now!

We have a 3 bedroom house on the same complex which we are willing to sell or rent iif you are looking for a complete relocation.

Property information

Real Estate:

Real Property Included

Location:

This Minimarket is in the heart of a residential complex of 300 apartments and is by one of the main swimming pool.

Premises details:

The shop is 35m2 and has a sink and toilet and small store room at the back of the store.
Wholesale cash and carry stores are just 10 minutes away.

Size in square feet:

35m2

Business Operation

Expansion potential:

Second shop next door available to make bigger if required.

Competition / Market:

There are other supermarkets but ours is cheaper with regular clients.

Reasons for selling:

We were selling for 40,000 but my mother-in-law's health has deteriorated and will not be able to look after the shop for much longer so we must sell now!

Trading hours:

8am to 7pm Monday to Friday
8am-6pm Saturday
9am-2pm Sunday

Employees:

1

Years established:

1985

Other information

Support & training:

Available to show where goods are purchased, available for any consultation concerning living and working in Tenerife.

Furniture / Fixtures value:

€5,000 (included in the asking price)

Inventory / Stock value:

€3,000