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Retail Property (high street) to rent

Inscriptions, Unit 47, The Pannier Market, Back Quay, Truro, TR1 2LL

£333 pcm
84 sq. ft.

Property Description

Commercial information

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

Key features

  • ESTABLISHED ENGRAVING BUSINESS
  • INGOING OF 22,500 FOR GOODWILL
  • EQUIPMENT INCLUDED (PLUS SAV)
  • VERY LOW OUTGOINGS
  • BUSINESS RATES EXEMPT (STS)

Full description

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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Property reference 47Pannier. 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 Redgrave Commercial, Truro.

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