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Shop for sale

Nalders Court, Truro, Cornwall, TR1

£69,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Well established
  • Benetton Global Brand
  • No franchise fees or commissions
  • Prime location
  • Profitable
  • Scope for on-line sale
  • Ideal starter business

Full description

Tenure: Leasehold

Benetton Franchise For Sale In Truro
Ref 2017

Location

This respected Benetton Franchise is located in a prominent position in Truro town centre close to the Cathedral and shoppers' car parks. Truro is the hub and capital of the county and an ever expanding town with further expansion plans in both the east and west of the city. This small city is vibrant and enjoys many visiting tourists and boasts a string of blue chip retailers .

Business information

Asking Price: 69,950 plus SAV
Turnover:On application
GP: (45%)
Stock: 4,500

Leasehold

Original term: 10 years
Remaining: 8 years
Rent: 19,000 pa
Rates: 9,800

Business Description

Veritas Business Sales are delighted to offer for sale this established Benetton Clothing Franchise concern located in Truro. The business has been established since 1988 and has been in the careful hand of my clients for the last 8 years and is reluctantly being offered for sale due to them wanting to relocate closer to family. Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and requires the help of only 1 part time member of staff, turnover available on application with a GP of (45%). They are the only Benetton Franchise in the South West and retail Ladies & Children's clothing and have the support of this well known global brand with no fees applicable. We believe that there is further potential to increase turnover maybe adding a website for on-line sales and the first floor is currently sub-let but could be used for additional retail space. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade and many visiting 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 - Friday - 10.00am - 5.00pm
Saturday - 10.00am - 6.00pm
Sunday - 11.00am - 4.00pm

Ground Floor

Retail shop comprising: display tables, clothing racks, hangers, shelving, branded posters & signs, sales desk with cash register and fitting rooms x 3.

First floor

Retail area currently sub-let for (550 PCM)
Stockrooms x 3






Map & Street View

Disclaimer - Property reference 2017. 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.

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