Chartered Surveyors and Business Property Specialists
Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

For Sale
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Adelaide Stores, Penrose Court, Camborne, Cornwall

Convenience Store for sale

£289,950

Freehold

A community CONVENIENCE STORE located in west Cornwall. Comprising c. 550 sq ft / 160 sq ft store and separate 2 bedroom FLAT.

Consistent sales, c. £335,000 for year end March 2021, genuine reason for sale.

Contact : Graham Timmins -01872 247019 or gt@miller-commercial.co.uk

  • COMMUNITY CONVENIENCE STORE (C.550 SQ FT)
  • WELL EQUIPPED AND PRESENTED
  • LARGE STORE C. 160 SQ FT
  • 2 BEDROOM FLAT (LET) WITH SEPARATE ACCESS
  • CONSISTENT SALES C. £335K PA, GP 24.4%
  • GENUINE REASON FOR SALE
  • EPC ASSET RATING C59

Property Brochure PDF Location Map

Summary

COMMUNITY CONVENIENCE STORE (C.550 SQ FT)
WELL EQUIPPED AND PRESENTED
LARGE STORE C. 160 SQ FT
2 BEDROOM FLAT (LET) WITH SEPARATE ACCESS
CONSISTENT SALES C. £335K PA, GP 24.4%
GENUINE REASON FOR SALE
EPC ASSET RATING C59

Location

Adelaide Stores is siutuated in Tolvaddon, a largely residential area on the outrskirts of Camborne, near Tehidy Estate / Woods and the North Coast.

Property

We understand the detached property was constructed in the 1970’s and comprises c. 550 square feet of retail space and a store of c. 160 square feet. On the first floor, with separate access is a 2 bedroom flat with large landing, kitchen, lounge and shower room. The flat yields £8200 pa.

Business

The business trades all year, with opening hours 08:00 to 19:00 monday to saturday and 08:00 to 14:00 on sunday, has National Lottery, Paypoint, a Cash machine and a Premises Licence for Off sales. The business operates as a general convenience store with 6 staff covering the above hours with our client owner undertaking office duties.

The Profit and Loss Account for year end March 2021 show Sales of £335,083 with a Gross Profit level of 24.7%. Further accounting information will be made to interested parties.

The Accommodation Comprises (all Areas And Dimensions Are Approximate)

Ramp and steps to front of shop.

Retail Area : 7.15m x 7.16m, with serving counter and free standing and wall mounted price edged shelving. Understars storage and wc.

Store : 4.41m x 3.35m, door to side, metal racking, overflow freezer and bakery oven.

Owners (let) Flat

With separate side access, stairs ascending to the first floor:-

Large Landing, access to loft, airing cupboard, window to front.
Kitchen : 2.85m x 1.98m, base and wall units, drainer unit, window to side.
Lounge : 4.23m x 3.67m, windows to side and rear.
Shower room : not measured, low level wc, wash hand basin, shower.
Bedroom 1 : 3.53m x 3.06m, window to rear.
Bedroom 2 : 2.52m x 1.83m, window to side.

General Information

Local Authority

Cornwall Council
General Enquiries 0300-1234-100
Planning 0300-1234-151
www.cornwall.gov.uk

Tenure

Freehold : Copy of Land Registry available upon request. Title CL93597

Energy Performance Certificate

The Energy Performance Asset Rating is C59

Premises Licence

The business has a Premises Licence Number W2_PREM_00262_05 for the sale of Alcohol Off the premises, copy available upon request.

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

Under the Valuation Office Agency website this property is listed with a Rateable Value (at February 2019) of £3950, so no Rates Payable.

Services

Advised by clients:-

Mains Water
Mains Drainage
Single Phase Electricity

Interested parties should make their own enquiries to Suppliers.

Stock

To be taken at Valuation on Completion to be agreed between Seller and Buyer.

Value Added Tax

We are advised the business is Registered for VAT.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the numbers below.

Contact Information

For further information or an appointment to view please contact either:-

Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk or
Jonny Bright on 01872 247022 or via email jb@miller-commercial.co.uk

VIEWING: Strictly by prior appointment through Miller Commercial.

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] No responsibility is taken for expenses incurred should the property be sold, let or withdrawn before inspection: [c] 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.

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Graham Timmins Head of Business Transfer View Profile

Contact us about this property

Call: 01872 247019
Email: gt@miller-commercial.co.uk

Property Brochure PDF