Leasehold General Stores/Greeting Cards & Gift Shop Located In Par

Par
£19,950
Business ID:
#2873
£19,950
  • Ref: 2873
  • Type: Convenience Store
  • Availability: Sold
  • Veritas Categories: - Convenience Store, - Gifts , - Greetings Cards
  • Business ID: 2873
  • Commercial Tenure: Leasehold
  • Make Enquiry

Property Features

  • Leasehold
  • General Stores/Greeting Cards & Gifts
  • Scope For Coffee Shop
  • Desirable Village Location

Full Details

Leasehold General Stores/Greeting Cards & Gift Shop Located In Par
Prime Location For Coffee Shop With indoor & Outdoor Seating Area
Ref 2873

Location
This respected General Stores/Greeting Cards & Gift shop is located in the village of Par in Cornwall. Situated within a prominent and highly visible trading position on the main Par Green (A3082) throughfare road. The immediate area has other retail shops and businesses along with residential properties. Local attractions include Charlestown, famous for the filming of many TV programmes such as Poldark and Carlyon Bay Hotel & Golf Course. St Austell is approximately (3.5 miles). Fowey is approximately (4 miles).

Leasehold Asking Price: £19,950 plus SAV (£5,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected General Stores/Greetings Cards & Gift Shop which is located in Par near St Austell, Cornwall. The business has been established for 29 years and has been in the careful hands of our clients for the past 7 years. The business is now being offered for sale due to unforeseen personal reasons.
Fixtures and fittings 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. The business is owner operated and has an annual turnover of circa £84,000. The retail area is approximately (105 sq m) and stocks a fine range greeting cards, postcards, newspapers, magazines, confectionery, bakery products, dairy produce, general groceries and Cornish themed gifts.
We believe that there is a huge potential to increase trade should you wish by expanding upon the product lines in the store as well as extending the current opening times. There is also scope to add The National Lottery and alcohol sales. The current owners trade until 3pm during the week and 12.30pm on a Saturday but there is absolutely no reason why the store could not trade until late evening. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many new visiting tourists. This is a superb opportunity to purchase an established lifestyle business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday – Friday – 8:00am – 3:00pm
Saturday – 7:30am – 12:30pm
Sunday – closed

Leasehold
Term: 12 years
Remaining: 4 years 5 months (New lease available)
Rent: £13,200 pa
Business Rates: £277.35 pa

Ground Floor
Retail (14.3m x 6.4m) comprising: various custom built greeting card shelving units & free-standing shelves, glass fronted food display stand, serving counter, cash register, 2 filing cabinets, upright drinks fridge (Interlevin), double door milk fridge (Caravel), ex-post office safe connected to alarm system, glass display cabinet and various rotary display stands.
Store area (1.58m x 5.1m).
Kitchen (1.5m x 2.1m) with convection oven, sink with drainer and under counter fridge (Quest).
W/C with wash basin (2.0m x 1.2m).
Prep/Storeroom (5.1m x 2.4m).
Office area (2.5m x 2.1m).

External
Front parking for (4) and loading bay to the rear.

EPC Rating D