Shop for saleBack Quay, Truro, Cornwall, TR1
Guide Price £7,500
- Business for sale
- Use class orders: A1 Shops
- Well established
- Easy to operate
- Prime location
- Scope to sell other products
- Can reduce the lease term
- Price reduced for a quick sale
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.
Asking Price: £7,500
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
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.
Monday - Saturday - 9.00am - 5.00pm
Sunday - Closed
3 x market stalls, N0 48 , NO 49 & No 50
Comprising serve over sales & display counters and various retail display shelving.
Storage area above.
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