Being offered for sale with an ingoing £25,000 plus sav - rental £20,000 P/A - opportunity arises to acquire the leasehold interest in an established & profitable surf wear/lifestyle clothing business trading from A large double-fronted corner shop fronting the high street in the centre of the town
established profitable business * approx 120 sq M (1300 sq ft) of retail floor space with return frontage * secure business lease * rent £20,000 pa * stock at valuation * double retail unit which could sub-divide (subject to landlords consent) *
This well-established leasehold business trading in surf wear/lifestyle clothing and accessories occupies one of the largest shops in the town in a prime retail location and comes to the market to enable the current owners to concentrate on their other business interests.
Perranporth is a small seaside town on the North Cornish coast famed for its expansive surfing beach. It is a popular tourist destination for many holidaymakers during summer months with a good range of local shops, pubs and restaurants. Other attractions include local rugby, soccer and cricket teams as well as its famous golf club regarded as one of the best natural Links courses in the country.
Shop dimensions (all stated figures approximate)
Retail frontage 11.20 m (36' 8")
Retail depth 11.0 m (36' 1" )
Overall retail area 118.8 sq m (389 sq ft)
Stockroom 12.5 sq m ( 41 sq ft)
Stockroom 10.2 sq m (33 sq ft)
Kitchen/utility area 2.16 sq m (7 sq ft)
Rateable Value - £20,750
Billing Authority - Cornwall Council
Billing Authority Ref Lease
Term - 12 years with effect from 1January 2010
Rent - £20,000 per annum exclusive
Liabilities - Insuring, internal repair and internal/external decoration
nb The lease is available for inspection in the offices of Camel Estate Agents, Perranporth
The property is being offered fully equipped as a going concern.
There is a parking space to the rear of the property
Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.
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