Retail property (high street) for sale

Leasehold Home Furniture & Gift Store Located In St Ives

0121 721 6440

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Retail property (high street)

0 bed

0 bath

Property description & features

Leasehold
Home Furniture & Gift Store
Prominent Location In St Ives

Leasehold Home Furniture & Gift Store Located In St Ives
Prime High Street Position
Ref 2880

Location
This very popular Home Furniture & Gift Store is located in the stunning Cornish town of St Ives. Situated within a prominent and highly visible trading position opposite CO-OP Convenience store. The town has a number of complementary independent retailers along with National Blue Chip retailers and enjoys high levels of footfall and tourism, especially during summer months. St Ives the dazzling jewel in Cornwall's crown and offers above average levels of sunshine, a picturesque fishing harbour and seaside town voted the best holiday destination by Coast magazine. One of TripAdvisor's top 10 European beaches.

Asking Price: £19,950 plus SAV (£40,000)

Business Description
Veritas Business Sales are delighted to offer this well respected Homeware & Gift Store which is located in St Ives. The business was established by our clients in2017 and is now being offered for sale so that so that they can concentrate on their other business interests.
Since ownership they have redesigned, refurbished, redecorated and continually invested in new display equipment along with fixtures & 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. Sands Cornwall is owner operated with the help of 3 part time members of staff and has an annual turnover of circa £150,000. The business retails a superb selection of homeware, furniture, gifts, lighting, rugs, blankets, cushions, frames, mirrors, artwork, kitchenware, candles, accessories, mattresses, beds and bedroom furniture. They are stockists of some of the biggest brands in the industry, including (Kate Loxton, Bentley Designs, Blomus, Broste, Love Liga, Rader Designs, Pacific Lifestyles, Joma Jewellery) amongst others. A well designed and popular website is also included within the sale price.
We believe that there is further potential to increase trade should you wish, by expanding upon the current opening times and opening in the evenings during the extremely busy summer months. The business already enjoys a strong reputation within the local community and beyond for quality of the products and as such has a high level of regular repeat trade along with many visiting tourists. This is a superb opportunity to purchase a business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Sunday - 10:00am - 5:00pm

Leasehold
Term: 9 years
Remaining: 5 years
Rent: £13,000 pa
Rates: £1,700 pa

Ground Floor
Front retail area (10.4m x 5.2m) comprising: sales counter, computerised till, various rotary display stands, various bespoke display stands and various shelves. Rear retail area (2.8m x 3.1m) with various display stands and shelving.
Kitchenette (1.5m x 2.0m) with sink drainer, kitchen wall & base units.
W/C with wash basin.
Storeroom 1 (2.0m x 3.1m) with various shelves.
Storeroom 2 (3.0m x 1.5m) with various shelves.

EPC Rating C

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Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

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Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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Property reference 2880. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Veritas Business Sales - Solihull.

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