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Retail premises for sale

£22,500 (£52.2/sq. ft)

Coastal Hardware, Higher Market Street, Looe, Cornwall PL13

431 sq. ft*
Interested in this property? Call +44 1872 395926 * or

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

Property features

  • Established retail hardware business
  • Circa 430 sqft
  • Prominent trading location in popular coastal town
  • Assignment of existing lease
  • EPC (C)

Property description

A well established hardware, beachwear and gift shop extending to circa . In the popular harbourside town of Looe.

Location

Coastal Hardware is situated in Higher Market Street in the popular thriving port of East Looe, situated in South East Cornwall. East Looe has the myriad of small streets leading from Fore Street connecting to its beach and pier which have an eclectic mix of specialist retailers which are popular amongst visitors and locals alike.

The Property/The Business

Coastal Hardware is a double fronted property with a display area to the front and comprises circa 430 sqft of retail space with a wc to the rear. We understand that a retail business has been established on the site for the past 50 years and it is currently concerned with the sale of hardware, kitchenware, gifts, seasonal and beach goods and offers a key cutting service.

Principally trading between 9am and 5pm Monday to Saturday and from 10am to 4pm on Sundays, the business operates extended opening hours during the peak season to maximise sales.

The business is now being sold as our clients have another hardware store to the west of the county which they intend to focus more of their time on.

The Accommodation Comprises

(all areas and dimensions are approximate)

7.54m x 5.32m. The shop is fitted with a wide range of wall mounted and free standing price edged shelving units and has a serving counter with electronic till. Door to rear elevation.

Wc

Tenure

The business is being offered for sale by way of the assignment of the existing 10 year Lease which commenced March 2016 at a passing rental of £12,000 per annum. The rent is subject to 3 yearly rent reviews and the Security of Tenure Provisions of Landlord and Tenant Act 1954 Part 2, Sections 24 to 28 apply. The Lease is on an internal repairing and insuring basis plus the external shop frontage.

General Information

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number below.

Contact Details

For further information or an appointment to view please contact Beverly Northey on or via email

Local Authority

Cornwall Council
General Enquiries Planning

Energy Performance Certificate

The Energy Performance Rating for this property is within Band C.

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 valuation office website or call

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.

Plans: Plans and maps reproduced under Ordnance Survey Licence No LIG1179. Not to scale and for identification of the property only. They are not intended to show actual site boundaries and not guaranteed to be accurate.

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] Any intending purchaser or tenant must satisfy him/herself by inspection or other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [d] 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.

viewing: Strictly by prior appointment through Miller Commercial.

Property info

What Zoopla users think of East Looe

Overall rating:

  • currently 3.5 stars
Good - 69%

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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Community & safety
  • currently stars
  • 1
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
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  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 5

Nearby transport

  • Looe (0.4 miles)
  • Sandplace (2.4 miles)
  • Causeland (3.7 miles)
  • Exeter International Airport (52.8 miles)
  • Cardiff Airport (86.9 miles)
  • Bristol Airport (103.9 miles)
  • Bodinnick Ferry Landing (7.8 miles)
  • Fowey Custom House Quay Ferry Landing (8.0 miles)
  • Fowey Town Quay Ferry Landing (8.1 miles)

Nearby schools

View all schools in Cornwall
  • Looe Primary School (0.5 miles)
  • Polperro Primary Academy (2.9 miles)
  • Duloe CofE VA Junior and Infant School (3.2 miles)
  • UTC Plymouth (12.4 miles)
  • City College Plymouth (12.7 miles)
  • Cornwall College (14.7 miles)
  • Looe Community Academy (0.8 miles)
  • T Plus Centre (Taliesin Education) (6.7 miles)
  • Caradon Alternative Provision Academy (7.1 miles)
Note: Distances are straight line measurements

Local info for Cornwall

About the neighbours in PL13

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

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