HEATHERCRAFT, 12 COINAGEHALL STREET, HELSTON, TR13 8EB
• LONG ESTABLISHED HABERDASHERY BUSINESS • PROMINENT TRADING POSITION IN CORNISH TOWN • WELL APPOINTED RETAIL SALES AREA • GOOD LEVEL OF PROFITABILITY
£49,950 LEASEHOLD
B38035 LOCATION The former market town of Helston situated in South West Cornwall is the gateway to The Lizard Peninsula which is the United Kingdoms most southerly region. The subject premises occupy a prominent trading position within one of the towns main thoroughfares with car parks located nearby. THE PROPERTY The premises comprise main retail sales area extending to just over 60 sq m to the rear of which is a good size stock room, office and work shop. THE BUSINESS Heathercraft has been established for 20 years and relocated to its current address in 2013. The business trades successfully offering a comprehensive range of haberdashery to include linens, curtains, craft materials, needle craft, yarns, fabrics and the facility to carry out repairs and alterations. Turnover for the year ending 5th April 2014 amounted to £115,366 producing a gross profit of £74,316 and reconstituted net profit of £30,442. SCHEDULE OF ACCOMMODATION (all areas and measurements are approximate) RETAIL SALES AREA 5.38m x 11.27m. A well presented unit with various display units, suspended ceiling, recessed lighting, tiled floor, cash register, spot lighting. AREA 2 5.03m x 1.91m. Suspended ceiling, recessed lighting. AREA 3 7.12m x 2.53m. Storage shelving. OFFICE/WORK ROOM 7.16m x 3.03m. Work benches, florescent lighting. KITCHEN Water heater, single drainer sink unit. LADIES CLOAKROOM GENTS CLOAKROOM TENURE The current Lease is for a term of 3 years commencing May 2013 with a current annual passing rental of £10,000 exclusive increasing to £12,000 per annum in May 2015. LEGAL COSTS Each party to bear their own legal costs. GENERAL INFORMATION LOCAL AUTHORITY Cornwall Council General Enquiries 0300-1234-100 Planning 0300-1234-151 www.cornwall.gov.uk ENERGY PERFORMANCE CERTIFICATE The Energy Performance Rating for this property is Exempt (Listed Building). INVENTORY An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied by Miller Commercial prior to exchange of Contracts. BUSINESS RATES We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171 SERVICES Prospective owners should make their own enquiries of the appropriate statutory undertakers: Western Power: 0845 601 2989 South West Water: 0800 169 1144 Transco: 0800 111 999 STOCK To be taken at valuation VALUE ADDED TAX All the above prices/rentals are quoted exclusive of VAT, where applicable.
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.643 4519 39. VIEWING: Strictly by prior appointment through Miller Commercial.