Retail Property (high street) for sale

Coastal Hardware, Higher Market Street, Looe, Cornwall

431 sq. ft. | £17,500

Property Description

Key features

  • ESTABLISHED RETAIL HARDWARE BUSINESS
  • CIRCA 430 SQFT
  • PROMINENT TRADING LOCATION IN POPULAR COASTAL TOWN
  • ASSIGNMENT OF EXISTING LEASE
  • EPC (C)

Full description

A well established hardware, beachwear and gift shop extending to circa 430sq.ft. in the popular harbourside town of Looe.

Location - Coastal Hardware is situated in Higher Market Street in the popular thriving port of East Looe, situated in South East Cornwall. East Looe has the myriad of small streets leading from Fore Street connecting to its beach and pier which have an eclectic mix of specialist retailers which are popular amongst visitors and locals alike.

The Property/The Business - Coastal Hardware is a double fronted property with a display area to the front and comprises circa 430 sqft of retail space with a wc to the rear. We understand that a retail business has been established on the site for the past 50 years and it is currently concerned with the sale of hardware, kitchenware, gifts, seasonal and beach goods and offers a key cutting service.

Principally trading between 9am and 5pm Monday to Saturday and from 10am to 4pm on Sundays, the business operates extended opening hours during the peak season to maximise sales.

The business is now being sold as our clients have another hardware store to the west of the county which they intend to focus more of their time on.

The Accommodation Comprises - (all areas and dimensions are approximate)

7.54m x 5.32m. The shop is fitted with a wide range of wall mounted and free standing price edged shelving units and has a serving counter with electronic till. Door to rear elevation.

Wc -

Tenure - The business is being offered for sale by way of the assignment of the existing 10 year Lease which commenced March 2016 at a passing rental of £12,000 per annum. The rent is subject to 3 yearly rent reviews and the Security of Tenure Provisions of Landlord and Tenant Act 1954 Part 2, Sections 24 to 28 apply. The Lease is on an internal repairing and insuring basis plus the external shop frontage.

General Information -

Finance - If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Details - For further information or an appointment to view please contact Beverly Northey on 01872 247031 or via email bn@miller-commercial.co.uk

Local Authority - Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Energy Performance Certificate - The Energy Performance Rating for this property is within Band C.

Inventory - An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Business Rates - We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171

Services - Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Transco: 0800 111 999

Stock - To be taken at valuation

Value Added Tax - All the above prices/rentals are quoted exclusive of VAT, where applicable.

PLANS: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial LLP registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial LLP is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial LLP. VAT Registration No.643 4519 39.

VIEWING: Strictly by prior appointment through Miller Commercial.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Looe (0.4 mi)
  • Sandplace (2.4 mi)
  • Causeland (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Miller Commercial, Truro

Mansion House Princes Street, Truro, TR1 2RF

01872 490012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Looe (0.4 mi)
  • Sandplace (2.4 mi)
  • Causeland (3.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Miller Commercial, Truro

Mansion House Princes Street, Truro, TR1 2RF

01872 490012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 27163195. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Miller Commercial, Truro. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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