the craft box café 85 market jew street penzance tr18 2lg
A FAMILY ORIENTATED ARTS AND
CRAFTS CAFÉ BUSINESS LOCATED IN THE COASTAL TOWN OF PENZANCE EQUIPPED LOCK UP GROUND FLOOR UNIT PRODUCING TURNOVER IN THE REGION OF £30,166 PER ANNUM
LEASEHOLD - £17,500 PLUS SAV
THE CRAFT BOX CAFÉ 85 MARKET JEW STREET PENZANCE TR18 2LG
SOLE AGENTS
LOCATION AND DESCRIPTION
TENURE
The Craft Box Café business occupies a retail premises The premises are offered with a 3-year lease from 1 in the West Cornwall coastal town of Penzance . July 2015 at a current passing rent of £7,800 per annum with review dates on 1 May 2018 and 1 May The premises are located in the heart of the Penzance 2019. shopping and leisure amenities. The premises include arts and crafts and café areas, providing a family The premises are included in the Security of Tenure friendly environment for children and adults alike. The provisions of the Landlord and Tenant Act 1954. Craft Box caters for adults and children of all ages with activities including painting, the creation of personalised FIXTURES, FITTINGS AND EFFECTS gifts, an array of decorating, ceramic painting of mugs, Normal fixtures and fittings associated with this type of plates and ornaments which can be glazed. property are included in the sale. A detailed inventory For further information, interested parties are welcome of trade fixtures and fittings will be supplied prior to to view our client’s website (www.thecraftboxcafe.com). exchange of contracts. THE BUSINESS
ENERGY PERFORMANCE CERTIFICATE
Our client, now wishing to sell the business due to family commitments and relocation planning, trades from 10am till 5pm, Wednesday to Saturday and 11am till 4pm on Sunday. Obviously, the opening hours are flexible, particularly during the main school holidays. The business derives income from the sale of coffee and cake in addition to the various activities where the turnover for year ending 31 March 2017 was approaching £30,166, with obvious growth potential. In the normal manner, further accounting information would be made available to seriously interested parties following an initial viewing appointment.
The property has an EPC rating of E under Certificate reference 0960-5958-0342-1770-7040
ACCOMMODATION (All dimensions are approximate) RETAIL SALES AREA (8.69m x 3.53m) Set up as a coffee shop and craft centre with windows to the front elevation. Approximately 24-covers. Dado panelling. Sales counter with electronic cash register. San Remo coffee machine. STORE ROOM (6.88m x 2.68m) Range of shelving. Kiln. KITCHENETTE (2.26m x 2.19m) Stainless steel sink unit. Door to rear. Access to cloakroom WC with low level WC and wash hand basin. SERVICES Services connected to the premises include mains water, electricity and drainage. BUSINESS RATES The property has a Rateable Value of £8,000 (VOA website 2010 list). Prospective purchasers should confirm actual rates payable with the local billing authority (www.voa.gov.uk).
PRICE Leasehold — £17,500 plus stock at valuation. NB: Our client also trades a second Craft Box Café located in Helston and the two businesses can be acquired for a combined price of £25,000.
VIEWING/FURTHER INFORMATION Strictly by appointment with Russell Weetch SBC Property Daniell House Falmouth Road Truro Cornwall TR1 2HX Tel: Email: Web site:
01872 245819 [email protected] www.sbcproperty.com
The sale of any going concern business is confidential therefore we would ask that you do not make any direct approaches to vendors, their staff or customers, and arrange all viewing appointments through our offices. You are recommended to contact us before visiting the property even for an information viewing, we can then confirm whether or not it is still available.
These particulars do not constitute any part of an offer or contract.. All statements as to the property and business are made without responsibility on the part of SBC Property or the vendor. None of the statements contained herein are to be relied upon as statements or representations of fact. Any potential purchaser must satisfy themselves as the correctness of each statement in these particulars. The vendor does not make or give SBC Property, nor any person in their employment, any authority to make any representation or warranty whatever in relation to this property.
RENT REVIEWS | LEASE RENEWALS | VALUATIONS | AGENCY | MANAGEMENT
CRAFTS CAFÉ BUSINESS LOCATED IN THE COASTAL TOWN OF PENZANCE EQUIPPED LOCK UP GROUND FLOOR UNIT PRODUCING TURNOVER IN THE REGION OF £30,166 PER ANNUM
LEASEHOLD - £17,500 PLUS SAV
THE CRAFT BOX CAFÉ 85 MARKET JEW STREET PENZANCE TR18 2LG
SOLE AGENTS
LOCATION AND DESCRIPTION
TENURE
The Craft Box Café business occupies a retail premises The premises are offered with a 3-year lease from 1 in the West Cornwall coastal town of Penzance . July 2015 at a current passing rent of £7,800 per annum with review dates on 1 May 2018 and 1 May The premises are located in the heart of the Penzance 2019. shopping and leisure amenities. The premises include arts and crafts and café areas, providing a family The premises are included in the Security of Tenure friendly environment for children and adults alike. The provisions of the Landlord and Tenant Act 1954. Craft Box caters for adults and children of all ages with activities including painting, the creation of personalised FIXTURES, FITTINGS AND EFFECTS gifts, an array of decorating, ceramic painting of mugs, Normal fixtures and fittings associated with this type of plates and ornaments which can be glazed. property are included in the sale. A detailed inventory For further information, interested parties are welcome of trade fixtures and fittings will be supplied prior to to view our client’s website (www.thecraftboxcafe.com). exchange of contracts. THE BUSINESS
ENERGY PERFORMANCE CERTIFICATE
Our client, now wishing to sell the business due to family commitments and relocation planning, trades from 10am till 5pm, Wednesday to Saturday and 11am till 4pm on Sunday. Obviously, the opening hours are flexible, particularly during the main school holidays. The business derives income from the sale of coffee and cake in addition to the various activities where the turnover for year ending 31 March 2017 was approaching £30,166, with obvious growth potential. In the normal manner, further accounting information would be made available to seriously interested parties following an initial viewing appointment.
The property has an EPC rating of E under Certificate reference 0960-5958-0342-1770-7040
ACCOMMODATION (All dimensions are approximate) RETAIL SALES AREA (8.69m x 3.53m) Set up as a coffee shop and craft centre with windows to the front elevation. Approximately 24-covers. Dado panelling. Sales counter with electronic cash register. San Remo coffee machine. STORE ROOM (6.88m x 2.68m) Range of shelving. Kiln. KITCHENETTE (2.26m x 2.19m) Stainless steel sink unit. Door to rear. Access to cloakroom WC with low level WC and wash hand basin. SERVICES Services connected to the premises include mains water, electricity and drainage. BUSINESS RATES The property has a Rateable Value of £8,000 (VOA website 2010 list). Prospective purchasers should confirm actual rates payable with the local billing authority (www.voa.gov.uk).
PRICE Leasehold — £17,500 plus stock at valuation. NB: Our client also trades a second Craft Box Café located in Helston and the two businesses can be acquired for a combined price of £25,000.
VIEWING/FURTHER INFORMATION Strictly by appointment with Russell Weetch SBC Property Daniell House Falmouth Road Truro Cornwall TR1 2HX Tel: Email: Web site:
01872 245819 [email protected] www.sbcproperty.com
The sale of any going concern business is confidential therefore we would ask that you do not make any direct approaches to vendors, their staff or customers, and arrange all viewing appointments through our offices. You are recommended to contact us before visiting the property even for an information viewing, we can then confirm whether or not it is still available.
These particulars do not constitute any part of an offer or contract.. All statements as to the property and business are made without responsibility on the part of SBC Property or the vendor. None of the statements contained herein are to be relied upon as statements or representations of fact. Any potential purchaser must satisfy themselves as the correctness of each statement in these particulars. The vendor does not make or give SBC Property, nor any person in their employment, any authority to make any representation or warranty whatever in relation to this property.
RENT REVIEWS | LEASE RENEWALS | VALUATIONS | AGENCY | MANAGEMENT
