Commercial Property for sale

Church Street, Launceston, Cornwall

£39,950

Property Description

Key features

  • New 15-year lease with 3-year rent reviews
  • Established successful gift shop
  • Central location

Full description

Tenure: Leasehold

This long-established business is in the centre of this former market town and in very close proximity to the church and the historic Norman Castle which attracts many tourists into this town of considerable character. Car parks are also in close proximity.
This particular retail unit provides essential needs for those attending christenings, birthdays, weddings etc. with stock varying from cards, games, china and a wide selection of gifts.

The joint owners now wish to move on to enjoy the next phase of their lives and wish to sell after fourteen successful years, hopefully to someone who can see the opportunity available and continue to build on the excellent reputation the business has. The vendors are willing to assist in introducing any new purchasers to their regular customers, as they do admit the prospects of improving the turnover figures can be accomplished, as they have done over the last two years.
A member of staff who has worked for the vendors is being retained and wishes to remain, if possible, to provide continuity.


Introduction 
This long-established business is in the centre of this former market town and in very close proximity to the church and the historic Norman Castle which attracts many tourists into this town of considerable character. Car parks are also in close proximity. This particular retail unit provides essential needs for those attending christenings, birthdays, weddings etc. with stock varying from cards, games, china and a wide selection of gifts. The joint owners now wish to move on to enjoy the next phase of their lives and wish to sell after fourteen successful years, hopefully to someone who can see the opportunity available and continue to build on the excellent reputation the business has. The vendors are willing to assist in introducing any new purchasers to their regular customers, as they do admit the prospects of improving the turnover figures can be accomplished, as they have done over the last two years. A member of staff who has worked for the vendors is being ret (truncated)

RETAIL AREA 
Retail area extends to approx. 450 sq ft with office providing 140 sq ft including a sink Business has been operating for 25 years & produces an average net profit of £16,000 p.a. from a turnover exceeding £140,000 p.a.

More information from this agent

Energy Performance Certificate (EPC) graphs

Nearest station

  • Gunnislake (10.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Millerson Commercial, Truro

18-21 Charles Street, Truro, TR1 2PQ

01872 490105 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 station

  • Gunnislake (10.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Millerson Commercial, Truro

18-21 Charles Street, Truro, TR1 2PQ

01872 490105 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.

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