Shop for sale

Killigrew Street, Falmouth, Cornwall, TR11

Offers in Region of £59,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Thriving newsagents
  • Established businesses
  • Easy to operate
  • Great reputation
  • Prominent town centre location
  • Ideal husband & wife business

Full description

Tenure: Leasehold

Established Newsagents In Falmouth For Sale
Ref 2095

Location
This successful newsagents is located on one of the main streets which is opposite the bus terminal and just a short walk from the marina and Maritime museum in the vibrant harbour town of Falmouth. The town offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. Falmouth has recently been voted as one of the most desirable places to live in the UK

Business information

Asking Price: 59,950 plus SAV
Turnover: 279,669.00 net of VAT pa
Paper rounds: 4
Stock: 12,000

Leasehold

Original term: 12 Years
Remaining: 6 years
Rent: 8,000 pa
Rates: zero

Business Description
Veritas Business Sales are delighted to offer for sale this respected Newsagents which is located in Falmouth. The business has been established for over 16 years and has been in the careful hands of my client for the last 13 years and is reluctantly being offered for sale so that they can concentrate on other business ventures. Since ownership they have continually invested in new equipment with the business undergoing a full re-fit along with complete re-wiring within the last two and a half years. Air conditioning was also fitted along with a Jack's Beans Coffee machine. The fixtures & fittings which are all bought and paid for and are 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 2 part time members of staff and has an annual turnover of 279,669. Moor News retails a range of products such as newspapers, magazines, confectionery, ice creams, cold drinks, greeting cards, gifts, tobacco, e cigarettes & vape products, stationery and has a National Lottery Terminal that currently only processes scratch cards but can upgraded. We believe that there is further potential to increase trade by offering new services and by extending opening hours longer into the evening and by opening on Sunday. (The business does not currently open on a Sunday) There are a number of new housing developments being built within the area which would give further potential to increase the newspaper delivery rounds. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. 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 - 6.30am - 5.30pm
Sunday - closed

Ground Floor

Retail comprising: sales counter with epos system, scratch card terminal, sales and display shelves, ice cream freezer(Walls), upright open drinks fridge, greeting card racks, cigarette cabinet, weighing scales.
Store Room comprising: various shelving.

W/C with hand wash basin

First Floor

Store room with various shelving

External

Small court yard area


Nearest stations

  • Falmouth Town (0.5 mi)
  • Penmere (0.6 mi)
  • Falmouth Docks (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Truro

Truro Office Veritas Business Sales Ltd Central Boulevard, Truro, TR1 1WL

01872 490108 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

  • Falmouth Town (0.5 mi)
  • Penmere (0.6 mi)
  • Falmouth Docks (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

VERITAS BUSINESS SALES LTD, Truro

Truro Office Veritas Business Sales Ltd Central Boulevard, Truro, TR1 1WL

01872 490108 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 2095. 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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