Church Street, Falmouth, Cornwall, TR11

A prime retail property in the heart of Falmouth, boasting an exceptional frontage on the town's busiest street. The building features expansive trading areas on the ground and first floors, alongside a self-contained, two-storey apartment in excellent condition, offering breathtaking views of Falmouth Harbour and beyond.

The premises are being sold fully fitted, equipped with everything needed to seamlessly continue operating the business.

The Lease

The existing lease totals a 5-year term from 25/12/2021 on a full repairing and insuring basis at annual rental of £18,000 per annum exclusive, however , the landlord has consented to issuing a new 10-year lease on terms to be agreed, to the incoming purchaser, which will form part of this transaction.

The Business

Blackdog Haircutters reported a turnover of approximately £150,000 for the financial year ending March 2024. The business is being sold due to the current owners relocating overseas, making daily management challenging. With a new owner based locally, particularly one who might reside in the property and run the business full-time, there is considerable potential for improved performance and growth.