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Retail Property (high street) for sale

Mr B's Ice Cream, Market Square, Hayle

Sold STC £89,950

Property Description

Key features

  • ESTABLISHED DUAL SITE ICE CREAM BUSINESS
  • IDEAL FAMILY BUSINESS VENTURE
  • TURNOVER SHOWING CONSISTENT YEAR ON YEAR GROWTH
  • SALE TO INCLUDE A COMPREHENSIVE HANDOVER/TRAINING PACKAGE
  • EARLY VIEWING STRONGLY RECOMMENDED

Full description

A fantastic opportunity to acquire an established dual outlet ice cream business in West Cornwall. The sale will include a comprehensive training and handover process and an extensive amount of equipment.

Location/Business - Mr B's Ice Creams is one of the most instantly recognisable brands within the harbourside town of Hayle with the original shop being established on Penpol Terrace some 10 years ago. The business enjoyed many years of significant growth and it was decided to expand the trading potential through the addition of a second outlet which is located on Market Square and indeed the Ice Cream is currently produced from this shop for both of the outlets.

Hayle has a resident population of approximately 10,000 and has a number of holiday parks within the immediate vicinity and is close to the cosmopolitan harbourside town of St Ives and the glorious surfing beaches at nearby Gwithian both of which attract hundreds of thousands of visitors to the region each year.

Mr B's has been in the direct ownership and control of our clients family since its inception and they enjoy a loyal customer base from not only within the immediate area but also repeat visits from holiday makers year on year. All of the ice creams are produced on site with the business currently being concerned with retail sales only and it is felt that owing to the consistently high levels of enquiries from other outlets within the area that a wholesale element could be added to the business to expand the turnover further but as our clients now wish to step away from the business owing to family and other business commitments this is an avenue that they have to date not explored.

In addition to offering an extensive range of ice creams (in excess of 300 flavours) our clients also produce to ice cream cakes for special occasions and a comprehensive training package will be included with the transfer of the business and goodwill.

Both shops are well equipped with top of the range ice cream display/conservators, blast freezers etc with the Market Square premises also benefitting from the ice cream making machines, pasteurisers etc.

Turnover for the year ending 31st December 2015 was £173,496 with full accounting information being made available to prospective purchasers subject to a viewing appointment in the usual manner.

Description -

7 Market Square - 7.8m x 3.92m. Laminate flooring, fixtures and fittings including ice cream conservator, 2 batch Curema ice cream machine, pasteuriser, upright fridge, 2 True Brand freezers.

Kitchen Area - With further blast freezer, a selection of base and wall units, microwave kettle, fridge, portable air conditioning unit and staff wc.

Externally this shop benefits from a small enclosed seating area and off road parking.

Lease Details - We are advised that this unit is held by way of a 9 year proportional repairing and insuring lease at a current passing rental of £6,000 per annum which commenced on 1st July 2011.

24 Penpol Terrace - 6.27m x 5.18m. With parquet flooring, a range of fixed and free standing seating with tables, ice cream conservator, upright bottle fridge. Counter area fitted with a selection of base and wall cupboards, 2 fridges, microwave, stainless steel sink and drainer, coffee machine, waffle press, large blast freezer. Corridor to rear with small storage area this unit benefits from an external toilet.

Lease Details - We are advised that this shop is held by way of a 12 year FRI lease which at a current passing rental of £10,000 per annum which commenced on the 1st December 2006.

General Information -

Agents Notes - Leases
Copies of both of the leases are available from the Selling Agents subject to a viewing appointment in the usual manner.

Contact Information - For further information or an appointment to view please contact Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk or

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

Energy Performance Certificate - The Energy Asset Ratings are to be confirmed.

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.


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