Supermarket For Sale

Business description

A British Supermarket, located directly on the beachfront front of Fuengirola. The store is 90sqm and caters for the British and Spanish with excellent all year round trade. The store supplies British Food, (and a small selection of Spanish) toiletries, fresh bread, frozen food, beers and wines. During the peak season the store´s terrace also operates and supplies a large selection of beach goods which is very profitable. Accounts are available to serious buyers and the turnover shows 8000 euros per month in winter months and in excess of 18000 euros in the peak season, mainly due to the fact that the store services self-catering apartments which are directly next door, consisting of holidaymakers and locals. The store owners confirm also that they supply local restaurants which helps generate additional income. The sale of the business is to include all fixtures and fittings and will include stock, the new owner can therefore move in and start trading from day one. The seller of this business is prepared to stay upon completion of a sale and offer a training and handover period. We are assured that the new buyers will be able to have a good income from the store each week and enjoy their time here, the store has been operational as a British Supermarket for the past 3 years and is well established, the sellers are wishing to sell to move to a larger location and have other business interests. The British Supermarket comes with a 5 year renewable contract with a current monthly rent of 1400 euros per month. There is a terrace and there will be terrace tax payment of 1200 euros per year, the community fees are currently 96 euros per 1/4 year. Due to the nature of this business, we expect a great deal of interest and expect the business to sell quickly as there are very few businesses like this for sale on the Costa del Sol.

Property information

Lease terms:

Sale Price: €84000

Contact the seller