Arwenack Street, Falmouth, Cornwall

Leasehold Coastal & Country Clothing Retailer Located In Falmouth
Stockists Of Major Key Brands
Prime Town Centre Location
Stunning Sea View
Ref 3269

Asking Price £72,995 plus SAV

Location
This highly respected Coastal & Country Clothing retail store is located in the vibrant harbour town of Falmouth. The town offers a variety of blue-chip and independent niche retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business is positioned on Arwenack Street in the heart of the town centre and close to the cinema and bus station, and only a short walk from the marina and cruise ship drop-off/pick up point and Maritime Museum. Falmouth has recently been voted as one of the most desirable places to live in the UK.

Business Description
Veritas Business sales are delighted to offer this unopposed Coastal & Country Clothing retail store which is located in Falmouth. The business was established by our client 2018 and is now being offered for sale to pursue a career change.
Since ownership they have undertaken a complete refit and installed high end fixtures and fittings which are all included within the purchase price. The business is owner operated with the help of 2 part time members of staff and has a healthy turnover which can be discussed on application. They have exclusivity to a large range of sought-after brands to include, Dubarry, Barbour, Schoffel, Fairfax & Favor, RM Williams and Holland Cooper amongst many others.
We believe there is potential for further growth by introducing an online store. The business enjoys a strong reputation within the local community and beyond due to its strong brand representation. This is a superb opportunity to purchase and grow an already successful business, and as such early viewing is highly recommended.

Opening Hours
Monday – Saturday – 10:00 – 17:00
Sunday – 11:00 – 17:00

Leasehold
Term: 10 years (New lease available)
Remaining: 1.5 years
Rent: £15,000 pa
Rates: Nil

Ground Floor
Retail front area (10.3m x 6.2m) comprising: various clothing display units, various hanging rails, sales counter, electronic cash register, CCTV monitor with cameras, leather armchair, large display table, large display unit.
Retail rear area (4.9m x 4.2m) with various shelving units, changing room with wall mounted mirror, various clothing display units.
Kitchen area with sink, fridge, base units, boiler and shelving.
W/C with wash basin, wall mounted mirror.

Basement
Retail area (3.9m x 4.2m) with various clothing display rails.
Retail area (3.5m x 4.2m).
Office/storage area.
Storeroom.

EPC Rating D