Shop for sale

Coinagehall Street, Helston, Cornwall, TR13

Offers in Region of £43,995

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Established business
  • Prominent town centre location
  • Approved stockists of leading brands
  • Scope to increase turnover

Full description

Tenure: Leasehold

Leasehold Needlecraft Store Located In Helston Town Centre Established For Over 23 years
Ref 2171

Location
This well established Needlecraft shop is located in the Cornish town of Helston. It sits within a highly visible and prominent position and benefits from a high level of passing trade. The business is surrounded by other complementary retailers, businesses and residential properties and has plenty of on-street parking. The area of the is well served by the public transport system with the local bus stop close by and the nearest railway station is Camborne, which is approximately 8 miles away. Helston is well served by A-roads, with the A394 being within easy driving distance of the property, which links to the national A-road and motorway networks. Helston is 12 miles east of Penzance and 9 miles south-west of Falmouth.


Business information
Asking Price: 43,995 plus SAV
Turnover: 106,007 pa
GP: 70,838 (66.8%)
Stock: 30,000 - 40,000


Leasehold
Original term: 3 years
Remaining term: 1 years rolling
Rent: 12,000 pa
Rates: 6,504 pa



Business Description
Veritas Business Sales are delighted to offer for sale this respected retail Needlecraft business which is located in the Cornish town of Helston. The business was established by our clients 23 years ago and has been in their careful hands ever since and is reluctantly being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in new equipment along with 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. Heathercraft is owner operated and employs the help of 2 part time members of staff and has an annual turnover of 106,007 net of VAT with a gross profit of 70,838 (66.8%). They retail a range of quality products such as fabrics, wool, haberdashery, crafts and knitting products along with bespoke services for both dress making and curtains. We believe that there is further potential to increase trade by implementing a vigorous advertising and marketing campaign aimed at the many new houses being built in the area. There is also an opportunity for a website/on line shop. 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 - 9.00am - 5.30pm
Sunday - Closed


Ground Floor
Retail area (11.62m x 5.26m) comprising: sales counter, electronic cash register (Casio), various rotary display stands, sewing machine and overlocker, drawer unit, 3 metal free standing shelves, various spot lights, 2 chairs and fitted shelving units

Fabric room area (5.08m x 1.9m) comprising:
Fabric display racks, 2 dress pattern cabinets, 2 wall mounted mirrors
Store room (3.3m x 7.1m) with various shelving, fridge, microwave, kettle, four door locker.
Fitting Room comprising: wall mounted mirror and fitting plinth

Office/work shop (6.8m x 3.3m) comprising: with 4 desks, cutting table, filing cabinet, for door locker various shelves, various pictures, 3 chairs, sewing machine and overlocker.

Men's with w/c and wash basin
Ladies with w/c and wash basin

Kitchenette (2m x 2m) comprising:
Sink with drainer, immersion heater, sockets for kettle etc


Nearest station

  • Camborne (7.7 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 station

  • Camborne (7.7 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 2127. 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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