Retail Property (high street) for sale

Armcandy, Unit 4, St Georges Arcade, Falmouth

Guide Price £19,950

Property Description

Key features

  • AN ESTABLISHED LADIES HANDBAG AND ACCESSORIES BUSINESS
  • SITUATED IN A HISTORIC SHOPPING ARCADE
  • IDEAL FIRST BUSINESS VENTURE
  • STRONG ONLINE PRESENCE

Full description

A delightful retail business in a covered shopping arcade on Falmouth's main street specialising in the sale of Ladies leather bags, purses and accessories.

Location: - Armcandy is situated within the iconic Grade II Listed St Georges Arcade on Falmouth's Church Street which is the main pedestrian and vehicular thoroughfare through the Town Centre. The town of Falmouth has a resident population in excess of 20,000 and is widely acknowledged as one of the regions most popular tourist destinations having one of the largest natural harbours in the world, glorious sandy beaches and some of the most picturesque coastline within the South West.

The Business: - The premises were acquired by our clients approximately 2 years ago and re branded as Armcandy, since their acquisition our clients have comprehensively refurbished the shop premises with a range of Display and Shelving solutions new lighting and complete redecoration.

The business specialises in the sale of leather bags including tote bags, satchels, shoulder bags in addition to a wide range of purses, business card holders and various other accessories and now stock brands such as Banned Apparel, Bohemia, Mia Tui and Sophie Allport to name but a few and in many cases Armcandy enjoys exclusive rights for these brands within the Town.

Our clients have been acutely aware of the strong shift towards E-Commerce and the importance of a social media presence in a competitive sector and to this end sale of the business will include the Intellectual Rights to their Twitter, Instagram and Facebook accounts. Their website is an excellent online "shop window" for the business and to view more images and for further information about the product range etc please visit www.armcandyfalmouth.com

Description -

Ground Floor: - 3.27m x 3.22m Comprising a comprehensive range of fixed and free standing display shelving, wood effect laminate flooring and stairs to the First Floor with a void beneath housing the counter with an electronic cash register.

First Floor: - 3.34m x 3.14m Fitted with an array of shelving with a small recess housing a hand wash basin and tea/coffee making area.

Tenure: - We are advised that the Landlord would be willing to offer a new 3-year Lease with the current rent and service charge equating to circa £5,000 p/a.

General Information: -

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

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

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.

Stock: - To be taken at valuation

Epc: - The property is exempt from the requirement for an EPC as the building is the building is Grade II Listed.

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

Nearest stations

  • Falmouth Town (0.5 mi)
  • Falmouth Docks (0.6 mi)
  • Penmere (0.7 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

  • Falmouth Town (0.5 mi)
  • Falmouth Docks (0.6 mi)
  • Penmere (0.7 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 26208975. 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.

Map data OpenStreetMap contributors.