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Retail premises for sale

£49,995

12 Coinagehall Street, Helston TR13

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Property description

Business
Hilton Smythe welcomes to the market Heathercraft. This craft store was originally established by our clients in 1995. The owners are now reluctantly looking to sell the business, due to the desire to take a well-deserved retirement.

The business runs as a craft store offering a variety of quality products such as, fabrics, wool and haberdashery items, crafts and knitting products. This is an excellent opportunity for a purchaser with an interest in arts and crafts.

The current turnover for the business is an advised £106,000 per annum, with a gross profit of 67%. The business operates profitably, but could easily further increase trade in several ways, by developing a website, introducing online sales, expanding marketing and promotional activities and perhaps by introducing skills workshops for sewing and knitting.

This craft store would enable any buyer to acquire an impressive lifestyle business that could be extended into new areas or simply maintained as it is. Our clients would be willing to stay on for a short while to help with the transition of the business.

This is an excellent sized property, perfect for the trade, situated in a prime trading location.

This is a fantastic opportunity to run a store in a great market town location. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
Heathercraft is located in Helston, Cornwall.

The business is situated in the busy town centre, amongst a variety of different retail outlets. Within the area there are pubs, barbers, restaurants, jewellers, furniture store, clothing stores and many more. This is a bustling town centre that receives a large amount of footfall and passing trade daily. There are car parks around the town.

Helston is known for its Flora Dance event and for Cornwall’s largest fresh water lake. It is the gateway to The Lizard, the uk’s most southerly point. This market town boasts history, quaint streets and bunches of character. Helston really is a great place to live and work.

The road on which the craft store is located is an arterial road that connects to the A394, which goes around the town. The A394 runs from Longrock across the coast up to Exeter. As well as great road links, the town also benefits from public transport. There are many bus stops dotted around the town, the closest train stations are in Redruth and Falmouth.
Premises
Heathercraft boasts a large double fronted property on a main high street in Helston. This is a well-signed property, there are two windows, which are used for eye catching displays.

The main shop area is large, there is a counter on entrance. The retail area is approximately 40ft x 17ft and is filled with display shelving, racks, shelving units, perimeter shelving, these are used to display the large amounts of stock. There is a raised shop area, used as the fabric room, this has more stock and is further laid out with bespoke shelving and perimeter racks. This area is around 17ft x 6ft.

At the rear of the shop there is a store room fitted with shelving and racks 25ft x 12ft and beyond it is the workshop/office with work tables, shelving and office furniture 33ft x 12ft.

Equipment included in the sale, is as follows-

Counter

Till

Shelving

Racks

Sewing machines

Office furniture
tenure
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 3 years

Rolling lease, new lease available.

Rent: £12,000 per annum
hours
The business opening hours-

Monday - Saturday: 9:00am – 5:00pm

Sunday: Closed
staff
The business is run and managed by our clients, with the help of two part-time members of staff working 2 days each and a sales junior who works on a Saturday.
Financial profile
The business generates a turnover in the region of £106,000 per annum.

Gross profit 67%

What Zoopla users think of Helston

Overall rating:

  • currently 4 stars
Very good - 76% (25 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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  • currently stars
  • 1
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  • 5
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  • currently stars
  • 1
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  • 5
Parks & recreation
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 3
  • 4
  • 5
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  • 1
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  • 4
  • 5
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  • currently stars
  • 1
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  • 5

Nearby transport

  • Camborne (7.7 miles)
  • Penryn (Cornwall) (8.7 miles)
  • Hayle (8.7 miles)
  • Exeter International Airport (93.0 miles)
  • Cardiff Airport (123.2 miles)
  • The Blaye Airport (139.0 miles)
  • Helford Village Ferry Landing (6.2 miles)
  • Helford Passage Ferry Landing (6.5 miles)
  • Ponsharden Ferry Landing (9.4 miles)

Nearby schools

View all schools in Cornwall
  • Parc Eglos School (0.2 miles)
  • St Michael's Church of England Primary School (0.3 miles)
  • Nansloe Academy (0.4 miles)
  • Truro and Penwith College (13.6 miles)
  • Cornwall College (27.5 miles)
  • UTC Plymouth (52.2 miles)
  • Helston Community College (0.4 miles)
  • Mullion School (5.5 miles)
  • Nine Maidens Alternative Provision Academy (6.2 miles)
Note: Distances are straight line measurements

Local info for Cornwall

About the neighbours in TR13

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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