A well presented leasehold convenience store with the benefit of spacious owners accommodation just moments from the North Cornish Coast.
Loggans Convenience Store is situated between the village of Gwithian and the town of Hayle on the North Cornish coast.
The shop is sited on a sizable housing estate and is within a short distance of a number of holiday parks which gives an obvious uplift of trade during the summer months.
The premises comprise the shop with storeroom and staff WC on the ground floor above which can be found the 2 bedroomed owners apartment.
The accounts for the year ending 31st March 2018 show a turnover of £92,073 which resulted in an adjusted net profit in the region of £13,500. Full accounting information will be made available subject to a viewing appointment appointment in the usual manner.
The business has been owned by our clients for several years who operate as a husband and wife team with no employees.
The shop currently trades from Monday to Friday 7.30am to 7.30pm and on weekends 8am to 7.30pm.
(all areas and dimensions are approximate)
6.15m x 6.04m plus 5m x 3.90m. The shop is well equipped and comprises a range of fitted and free standing shelving, 3 double bottle fridges, 1 chest freezer, 1 cigarette cabinet, counter with electronic cash register, Nescafe coffee machine, Slushi machine, Payzone machine, lottery machine and CCTV system. To the rear of the shop is the staff wc.
The flat is accessible via the shop or by a separate doorway off the driveway.
With a double glazed window, night storage heater, laminate flooring and door to:-
With a night storage heater and window to side elevation.
Fitted with a selection of base and wall cupboards, roll edged worktop, sink and drainer, space for washing machine, laminate flooring, extractor canopy and space for cooker.
A double Bedroom with a window to the side elevation and a night storage heater.
A Double Bedroom with access to a roof terrace, tiled flooring and night storage heating.
Comprising a bath with electric shower above, close coupled wc and hand wash basin.
To the front elevation of the shop is an area of customer parking/forecourt. To the side of the property is a private driveway leading to the property's garage with light and power connected and a storeroom to the rear.
The property is being offered with a new 7 year Internal repairing and insuring lease at a commencing rental of £8,500 per annum.
General Enquiries Planning
The Energy Performance Rating for this property is within Band D.
We understand the business currently holds a premises licence in respect the sale of liquor for consumption off the premises.
We refer you to the government website
Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: South West Water: Transco:
To be taken at valuation.
All the above prices/rentals are quoted exclusive of VAT, where applicable.
If you require advice regarding the Financing of a Business, please contact us on the number below.
For further information or an appointment to view please contact:-
Paul Collins on or via email
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.