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Retail Property (high street) for sale

Blushhh, 49, Fore Street, Hayle, Cornwall

474 sq. ft.

Property Description

Key features

  • TURNOVER OF 77,194

Full description

A well established lingerie and swimwear business situated in the popular coastal town on Hayle.

The business is being offered for sale with the benefit of a new lease.

Location - Blushhh occupies a double fronted premises in a prominent trading position on Fore Street: the main thoroughfare through the coastal town of Hayle.

Renowned for its 3 miles of golden sands, Hayle has benefitted from substantial investment in recent years, including the newly completed Marine Business Park, Asda Superstore and upcoming 'Harvey Quay': a development of luxurious residential apartments.

The Business - Established by our client in 2006, Blushhh offers an extensive range of lingerie, swimwear, hosiery and accessories from designers such a Lepel, Fantasie, Freya, Gossard, Pour Moi and Wonderbra. They are also exclusive stockists of Heidi Klum Intimates in Cornwall.

The business trades from 10am to 3pm on Mondays and Tuesdays and from 10am to 5pm from Wednesday to Saturday and achieves sales of £78,744 for the year ending 31st May 2016.

Accommodation - (All areas and measurements are approximate)

The accommodation comprises two large display windows with inset glazed door to

Main Retail Sales Area - 8.39m x 5.25m, mirrored serving counter with electronic till, range of freestanding and wall mounted displays. Low level wooden storage cupboard, wall lights.

Changing Room 1 - Two floor to ceiling mirrors, radiator 1.71m x 1.09m.

Changing Room 2 - 1.88m x 2.1m. Built in storage cupboard housing the central heating boiler and small sink. Door to storage cupboard with built in shelving. Door to rear yard providing pedestrian access on to St John's Road.

Rear Storage Room - 2.79m x 2.81m. Range of chrome wall-mounted racks. Window to side elevation. Ceiling spotlights.

Tenure - Leasehold - We are advised that a new lease will be made available to a prospective tenant on a FRI basis with terms to be negotiated. The current passing rental is £4,224 per annum and is subject to 3-yearly rent reviews.

Purchase Price - £24,000 plus stock at valuation.

Local Authority - Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151

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.

Legal Costs - Each party to bear their own.

The ingoing lessee to be responsible for the landlord's reasonably incurred legal costs in connection with the transaction.

Business Rates - We refer you to the valuation office website 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

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

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

Contact Information - For further information or an appointment to view please contact either:-

Graham Timmins on 01872 247019 or via email or
Beverly Northey on 01872 247031 or via email or
Paul Collins on 01872 247029 or via email

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.

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