Retail premises for sale in Sandy Shores, Prince Of Wales Pier, Falmouth, Cornwall TR11

£9,999
Retail premises for sale
Interested in this property? Call +44 1872 395926 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Seasonal gift shop
  • Enviable trading position on the prince of wales pier
  • Retail sales area of @ 1800Sq. Ft.
  • EPC rating: G171
  • Popular coastal tourist location
  • Ideal first venture
  • Suited to A wide range of retail offerings
  • Rent: £4,005 pa

Property description

A well presented gift shop in an enviable trading position on the Prince of Wales Pier in Falmouth, directly opposite the Tourist Information Centre and adjacent to the St Mawes Ferry terminal.

Location

Sandy Shores enjoys a prominent trading position on the Prince of Wales Pier in the popular harbourside town of Falmouth. Located on Cornwall's south coast, Falmouth is a busy University town, famous for its harbour, sandy beaches and wide variety of bars, restaurants and niche retailers.

The Property

Occupying a single storey property, the gift shop extends to approximately 180Sq.Ft with a large display window and extensive wall mounted and free standing shelving.

The Business

The business has been in our clients tenure for the past 6 years and trades from 9am - 5pm Monday to Saturday between March and December, with restricted opening hours during the winter months.

There are no staff as the shop is easily manageable for one person, even during the summer months.

The shop retails a wide selection of gifts including mugs, tea towels, key rings, postcards and Cornish novelties but would be equally suited to a wide range of retail offerings. This is Retail only, not catering or sale of hot food.

Trading accounts for the year ending 31st January 2017 show sales of £27,858 with a 59% gross profit margin. (Further accounting information will be made available to prospective purchasers, following a viewing in the normal manner).

The Accommodation Comprises

(all areas and dimensions are approximate)

Retail Sales Area (5.51m x 3.04m (18'1" x 10'0"))

Large display window to the front elevation with display shelving. Range of wall mounded and free standing display shelves. Free standing wooden dresser. Wooden serving counter. Beamed ceiling. Wood effect vinyl flooring. Ceiling spotlights.

Tenure - Leasehold

The business is held on a 9 year Cornwall Council lease which commenced 20th October 2015 at a passing rent of £4,005 per annum.

General Information

Local authority
Cornwall Council
General Enquiries Planning

Energy Performance Certificate

The Energy Performance Rating for this property is G171.

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts.

Business Rates

We refer you to the government website

Services

Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: South West Water: Transco:

Stock

To be taken at valuation.

Value Added Tax

All the above prices/rentals are quoted exclusive of VAT, where applicable.

Contact Information

For further information or an appointment to view please contact:-

Paul Collins on or via email or
Graham Timmins or via email

Agents note: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and neither do they constitute any part of a Contract: [b] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] None of the services or appliances, plumbing, heating or electrical installations have been tested by the selling agent.

Miller Commercial is the trading name of Miller Commercial llp registered in England and Wales under Registration No.OC373087. The Registered Office of Miller Commercial llp is Mansion House, Princes Street, Truro TR1 2RF. We use the term Partner to refer to a member of Miller Commercial llp. VAT Registration No.

Property info

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For more information about this property, please contact
Miller Commercial, TR1 on +44 1872 395926 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Miller Commercial, and do not constitute property particulars. Please contact Miller Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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