JEWELLERY WORKSHOP, 27 CHURCH STREET, FALMOUTH, TR11 3EQ
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JEWELLERY RETAIL & REPAIR BUSINESS PRIME TOWN CENTRE LOCATION NO EXPERIENCE NECESSARY TRAINING AND HANDOVER PACKAGE INCLUDED AVAILABLE WITH A NEW LEASE
GUIDE PRICE £59,950 LEASEHOLD
B39510
SITUATION The Jewellery Workshop is situated on Falmouth's Church Street this being the main vehicular and pedestrian thoroughfare in this vibrant Harbour side town. Falmouth has a resident population of circa 27,000 people and owing to its picturesque seafront and one of the largest natural harbours in the world the town attracts tens of thousands of visitors year round.
premises and indeed a rudimentary selection of equipment is still in situ and as such an experienced Jeweller could easily take back this highly profitable area of the business. Our clients do not currently employ any staff with the business trading Mondays through to Saturdays from 10am to 5pm with obvious scope to extend the opening hours in the peak tourist season.
DESCRIPTION These ground floor premises are being offered by way of a new lease and afford approximately 370 sq ft of retail space with a store room/ workshop to the rear affording another 207 sq ft.
Our clients are willing to work out a reasonable handover/training period with prospective purchasers and are keen to point out that no specific knowledge of the sector is required.
THE BUSINESS The Jewellery Workshop has been in existence in the town of Falmouth for many years and is in fact one of the Towns longest Established Independent Businesses which was acquired by our clients approximately 5 years ago and is now offered for sale owing to their other commitments. The business is concerned with the retail of Gold and Silver jewellery, Ladies & Gents watches and accessories with brands such as Citizen, Rotary and Fred Bennet for which they enjoy exclusive rights for the town of Falmouth.
SHOP 4.13m x 8.32m. Fitted with an array of free standing and wall mounted glazed display cabinets, adjustable wall shelving with the window display units having storage beneath. To the rear of the retail area is the former jewellery repair workbench, a large floor mounted safe, laptop, printer and an Epos till system fitted with the industry leading Clarity and Success Jewellery Management Package.
The turnover for the year ending 31st March 2016 was £159,311and is split on a 70/30 basis in favour of retail with the remaining turnover being accounted for through jewellery repairs and alterations. This service is currently not undertaken on site and is outsourced with goods being sent via a secure courier service. Historically all repairs were undertaken on the
THE ACCOMMODATION COMPRISES (all areas and dimensions are approximate)
STORE ROOM 4.6m x 4.2m. With worktop, Belfast sink, slate flagged flooring. Door to side passageway, staff cloakroom, jewellery polishing room. TENURE - LEASEHOLD The premises are being offered by way of a new proportional full repairing and insuring lease at a commencing rental of £18,000 per annum with all other terms to be agreed. GENERAL INFORMATION
B39510
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 within Band C. 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 government website https://www.tax.service.gov.uk/view-myvaluation/search. 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. SUPERFAST BROADBAND For more information on whether the premises are capable of benefitting from the new high speed fibre-based broadband connection visit http://www.superfastcornwall.org/. VALUE ADDED TAX All the above prices/rentals are quoted exclusive of VAT, where applicable. CONTACT INFORMATION For further information or an appointment to view please contact Paul Collins on 01872 247029 or via email
[email protected] 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.
ESTATES GAZETTE Awarded MILLER COMMERCIAL Cornwall’s Most Active Agent 2011 - 2012 - 2013 - 2014 - 2015