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Shop for sale

Penpol Terrace, Hayle, Cornwall, TR27

£24,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Prominent location
  • Easy to operate
  • Ideal first business
  • Scope to increase turnover
  • Fully equipped

Full description

Tenure: Leasehold

Leasehold Cornish Gifts, Handmade Jewellery & Specialist Printing Business For Sale In Hayle
Ref 2059

Location

This delightful business is located in the vibrant harbour town of Hayle which offers a variety of blue chip and niche independent retailers and has benefited from significant investment in recent years in its commercial and residential infrastructure. The business is just a short stroll from the harbour and St Ives can be accessed within 10 minutes.

Business information

Asking Price: 24,950 plus SAV
Turnover: 30,000 pa
Stock: 10,000

Leasehold

Original term: 9 years
(new 15year lease available)
Remaining: 5years
Rent: 11,000 pa
Rates: 200 pa

Business Description

Veritas Business Sales are delighted to offer for sale this respected Cornish Gifts and Specialist Printing concern which is located in Hayle town centre. There has been a retail business here for 150 years but Meritorious has been in the careful hands of our client for the last 4 years when they set this up from scratch. Reluctantly the business is being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in 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 very much owner operated and requires no staff and has an annual turnover of 30,000. The business retails a fine range of products that are all made in Cornwall, many of which are hand made to include, local pottery, gift bags, hand made jewellery, printed mugs , T shirts and bags which is without doubt their best seller. We believe that there is further potential to increase turnover by expanding upon the current product range and by opening on Sundays. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many 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 - 10.00am - 4.30pm
Sunday - closed

Ground Floor

Retail shop comprising: glass display cabinets x 4, wooden shelving units x 2, wooden table x 2, oak table x 2, white display table, slatted wall display, wooden shelving unit, wooden storage shelf, sales counter with electronic cash register, computer, 2 x ink jet printers (Brother), portable air conditioning unit and an electric radiator.
Office/store room comprising: mug printing press, 2 x sublimation printing press, laptop, baseball cap printer, ink jet printer (Cannon) x 3, printer (Rioch) and various storage shelving.
W/C and wash hand basin
Kitchen with sink drainer and fridge.


Map & Street View

Disclaimer - Property reference T2059. 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, Truro. 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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