Retail Business Located In Falmouth

Falmouth, TR11 3DS
£24,999
Business ID:
#2584B
£24,999
  • Ref: 2584B
  • Type: Retail
  • Availability: Under Offer
  • Veritas Categories: Retail
  • Business ID: 2584B
  • Commercial Tenure: Leasehold
  • Make Enquiry

Property Features

  • Prime Location
  • Leasehold Retail Business
  • Further Potential
  • Marina Views

Full Details

Retail Business Located In Falmouth
Prime High Street Position
Views Of The Marina
Ref 2584B

Location
This delightful Retail business is located in the vibrant harbour town of Falmouth. The business is positioned on the main street in the heart of the town centre with stunning sea views and only a short walk from the marina and Maritime Museum. Falmouth 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.

Leasehold Asking Price: £24,999 plus SAV (£10,000)

Business Description
Veritas Business Sales are delighted to offer for this Retail Business which is located in Falmouth. The business has been established for over 10 years within the town but moved to this trading position 18 months ago. Reluctantly this is now being offered for sale due to unforeseen personal circumstances. Since ownership they have redecorated and invested in new equipment along with 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. Barny Browns is owner operated and employs the help of 2 part time members of staff and has an annual turnover of circa £150,000. They retail a wide range of products from locally made jewellery, plants, educational toys, homeware, bath products and hand bags.We believe that there is further potential to increase trade should you wish by expanding upon the current on-line presence. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular local trade along with many visiting 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.

Opening Hours
Monday - Saturday - 10:00am - 6:00pm
Sunday - closed

Leasehold
Original term: 10 years
Remaining: 6 years
Rent: £9,600 pa
Rates: £5,900 pa

Ground Floor
Retail area (12.3m x 4.8m) with various retail display stands and various wooden display units.
Rear retail area (4.9m x 3.1m) with various retail display stands.
Office (2.0m x 2.5m) with desk with chair, computer with key board and screen, printer (Xerox), filing cabinet, and various shelves.

Basement
Retail area (9.5m x 4.5m) comprising: various retail display units and point of sale, feature spiral staircase in the centre of the room leading from the basement to the ground floor.

EPC Rating C