Craft Gin Superstore Located In Falmouth

Falmouth, TR11 3EQ
£74,950
Business ID:
#2508
£74,950
  • Ref: 2508
  • Type: Off License
  • Availability: For Sale
  • Veritas Categories: Retail, - Off License
  • Business ID: 2508
  • Commercial Tenure: Leasehold
  • Annual Turnover: 300000
  • Make Enquiry

Property Features

  • Retail Sale
  • Online Sales
  • Membership Revenues
  • Prominent Town Centre Location
  • Further Potential
  • Ideal Bolt On For An Existing Online Retailer

Full Details

Leasehold Craft Gin Superstore Located In Falmouth
Online Sales & Membership Revenues
Ref 2508

Location
This delightful Craft Gin Business is located in the vibrant harbour town of Falmouth. Situated within a prominent and highly visible trading position on a busy main street in the heart of the town centre and only a short walk from the marina and Maritime Museum. The town offers a variety of blue chip and niche independent retailers and has benefited from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. Falmouth has recently been voted as one of the most desirable places to live in the UK.

Asking Price: £74,950 plus SAV (£25,000)

Business Description
Veritas Business Sales are delighted to offer this respected Craft Gin Business which is located in the vibrant harbour town of Falmouth in Cornwall. The business was established by our clients 4 years ago and is reluctantly being offered for sale so that they can concentrate on other business interests. Since ownership they have redecorated and continually invested in new fixtures and fittings which 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 Juniper Club is very much owner operated and for year ending September 2020 posted a turnover in excess of £300,000. The business stocks a very impressive range of Craft Gins from all over England, Scotland, Ireland and Wales with Cornwall featuring heavily in its armoury. As well as the Gin Superstore on the high street in Falmouth the business also trades successfully on-line with its own website along with Amazon. Events to increase trade are held at various times of the year and advertised on the website. We believe that there is further potential to increase trade by expanding upon the current opening times and open evenings as well as Sundays. The business enjoys a strong reputation locally for its high quality and as such has a high level of regular and repeat trade along with many tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this gem business is not to be missed.

Opening Hours
Monday – Saturday – 10.30am – 5.00pm
Sunday – closed

Leasehold
Original term: 6 years
Remaining: 18 months
Rent: £18,000 pa
Rates: Zero

Ground Floor
Retail area (4.7m x 8.4m) comprising: serving counter with cash register and Perspex screens, 22 free standing gin display cabinets, free standing gin bottle rack, various window displays, CCTV with monitor, window shutters and alarm system.
Storeroom & office (4.4m x 4.2m) comprising: extensive shelving racking system, sink with drainer, floor and wall kitchen units, table and printer (Canon).
W/C with wash basin.

EPC Rating C