Joan The Wad Gift Shop, Polperro

Written by Russell Weetch Wednesday, 15 July 2009 14:11

Now on the market at a reduced price, is perhaps one of the best known gift shops that has graced Polperro down the decades, namely the Joan the Wad Gift Shop on Fore St, in the centre of this most picturesque tourist destination on the county’s south coast.Tucked away amongst the narrow lanes of the mostly traffic-free harbour village, the gift shop provides approximately 230 sq ft of retail space, where it sells a wide range of jewellery, ornaments, gift wear and of course, the Joan the Wad lucky charms. The 1st and 2nd floors offer an owners’ maisonette apartment with 1-2 bedrooms (the vendors currently utilise one bedroom for storage).

The gift shop business has been established for many years and first came to prominence at least 50 years ago when the Joan the Wad lucky charm postal marketing was promoted through advertising in such age old perennial publications such as Old Moores Almanac. Trading focus has altered down the years but the business is nevertheless remembered by the thousands of tourists who visit this ‘chocolate box’ village each summer. Trade holds up well, with sales for the last three accounting periods averaging £78,000 per annum.

Offers are invited off a reduced freehold guide price of £260,000 plus stock at valuation.

Russell Weetch, Head of our Business Transfer comments, "For someone taking early retirement from stressful city based employment, what could be more attractive than living in one of the country’s most sought after waterside locations and running a seasonally based gift shop such as this one".

For full details contact Russell Weetch on 01872 247005     Full Property Details

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