Leasehold Newsagents Located In Truro City Centre

Leasehold Newsagents Located In Truro City Centre
Parking For Two Cars
Licensed
Ref 2932

Location
This established newsagents is located in Truro city centre. Situated within a prominent and highly visible trading position close to the Theatre, Cathedral and shopper's car parks. Truro is the retail hub of the county boasting a string of large blue chip and niche independent retailers along with an array of bars and restaurants.

Leasehold Asking Price: £34,950 plus SAV (£10,000)

Business Description
Veritas Business Sales are delighted to offer to the market this respected Newsagents which is located in the vibrant city centre of Truro. There has been a newsagents on this site for over 75 years and the business has been in the careful hands of our client since 2014. They are now offering the business for sale so that they can concentrate on other business interests.
Since ownership they have continually invested in new equipment along with fixtures and fittings which are all bought and paid for and 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. Tremletts Newsagents is owner operated with the help of 1 full time member of staff and last year posted an annual turnover of £350,000. The shop has a news bill of £1,500 pw and retails, sweets, confectionery, drinks, cigarettes, and alcohol (8.30am – 9.30pm licence), they also have The National Lottery, scratch cards, Pay Zone and are a pickup point for UPS. In the past they have retailed fresh food as well as shakes.
We believe that there is further potential to increase trade should you wish by opening later in the evenings. The business enjoys a very strong reputation locally and beyond and as such has a high level of regular repeat trade along with many visiting tourists. 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. 

Opening Hours
Monday – Saturday – 6:00am – 5.00pm
Sunday – 6:00am – 12:00pm                     

Leasehold
Term: 12 years
Remaining: 4 years
Rent: £26,000 pa
Rates: £2000 pa

Ground Floor
Retail area (4.5m x 11.4m) comprising: sales counter, electronic till (Toshiba), lottery terminal, various retail display stands, newspaper display stand, upright drinks fridge, cash machine, display fridge (Interlevin), various drinks display fridges, cigarette and vape kiosk and various shelves.
Storage & food prep area (3.2m x 4.5m) with sink with drainer, hot water dispenser, kettle and stainless steel prep table.                                                                                                                                                                        
Storeroom (5.5m x4.5m) with various shelves.
W/C (2.7m x 1.3m) with wash basin.
Office (1.3m x 1.9m) with desk with chair, filing cabinet, various shelves.                                                              
Kitchen (3.1m x 3.5m).                                        

External
Rear parking for (2)

EPC Rating D