Shop for sale

Back Quay, Truro, Cornwall, TR1

Guide Price £17,500

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Well established
  • Easy to operate
  • Prime location
  • Scope to sell other products
  • Can reduce the lease term

Full description

Tenure: Leasehold

Established China Ware retailer in Truro, Cornwall For Sale
Ref 2006

Location

This China Ware retail business is located in Truro's Pannier Market, and boasts the second best prominent position and has been trading for more than 30 years. The Pannier Market is the largest independent retail outlet in Truro with over 40 independent traders all under one roof, making it a vibrant and welcoming place to shop or meet friends. Truro is the retail and social hub of the county and an ever growing trading centre with further expansion plans in both the east and west of the city.

Business information

Asking Price: 17,500
Turnover: 40,000
Stock: 5,000

Leasehold

Original term: 54 years
Remaining : 20 years (term can be reduced)
Reviewed: 4 yearly
Rent: 9,357 pa for 3 stalls
Service charge: 1,313 pa
Rates: 1,430


Business Description

Veritas Business Sales are delighted to offer for sale this well respected China Ware retail concern which has been established for over 30 years and been in the careful hands of it's current owner for the last 4 years. The business is being offered for sale reluctantly, but my client now has the opportunity for a career change. Since ownership my client has invested in fixtures and fittings which are all bought and paid for and included within the sale price. The business is owner operated and requires no staff and has an annual turnover of around 40,000 and has always specialised in selling China Ware products along with glass ware, wicker ware and cane ware. Any new purchaser could apply to change the lease to sell other products should they wish just as long as there is no conflict with other market traders. Burgess China enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with passing tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening Hours

Monday - Saturday - 9.00am - 5.00pm
Sunday - Closed

Ground Floor

3 x market stalls, N0 48 , NO 49 & No 50
Comprising serve over sales & display counters and various retail display shelving.
Storage area above.





Nearest stations

  • Truro (0.7 mi)
  • Perranwell (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 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

  • Truro (0.7 mi)
  • Perranwell (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Solihull

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

0121 396 0980 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 2006. 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 VERITAS BUSINESS SALES LTD, Solihull. 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.