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Retail Property (high street) for sale

Unit 47,Pannier Market, Back Quay, Truro, Cornwall, TR1 2LL

Leasehold £9,950
84 sq. ft.

Property Description

Commercial information

  • Business for sale
  • 84 sq ft (7 sq m)
  • Use class orders: A1 Shops

Key features

  • ESTABLISHED ENGRAVING BUSINESS
  • EQUIPMENT INCLUDED (PLUS SAV)
  • BUSINESS RATES EXEMPT (STS)
  • 4'000 PER ANNUM RENT
  • VERY LOW OUTGOINGS

Full description

Tenure: Leasehold

ACCOMMODATION:
Market Unit:
Net Internal Depth - 3.1m
Net Internal Width - 2.6m
Net Internal Area - 7.8sqm (84sqft)
BUSINESS:
The business consistently turns over 46,000pa and the adjusted net profit averages 28,000pa (excluding motor expenses). The stock value hovers around 7,500, but this can be run down at the point of handover if required. Copy accounts are available upon request.
EQUIPMENT:
Engraving Machine
Sand Blasting Cabinet
Compressor
Extraction System
LEASE TERMS:
A New Lease is available direct with the Landlord; for a term of 10-Years and the ability to renew.
The passing rent is 4,000PAX and the annual Service Charge is 500


Map & Street View

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