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Beverly Northey Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247031
Email: bn@miller-commercial.co.uk

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SOLD - She-Sells, 10, Market Square, Mevagissey

Retail for sale

£299,950

Freehold

A beautifully presented and profitable freehold gift shop in the heart of this Harbour Village. With separate access is the extensive 3 bedroom owners accommodation with outside seating area. Consistent trade and high levels of profit. Viewing highly recommended.

  • ATTRACTIVE HARBOURSIDE GIFT SHOP (CIRCA 400 SQFT)
  • WELL APPOINTED 3 BEDROOM FLAT
  • STORAGE AREAS (CIRCA 250 SQFT) & OUTSIDE SEATING
  • CONSISTENT TRADE & CONSISTENT PROFITS
  • ENERGY ASSET RATING (G)

Property Brochure PDF Location Map

Location

She-Sells is situated in the Market Square area of Mevagissey, which is the principal vehicular and pedestrian thoroughfare through the attractive working harbour town of Mevagissey. Mevagissey requires little introduction as one of the County’s foremost holiday destinations, with visitors coming from far afield to take in the attractive working harbour and the narrow streets with an array of gift shops etc.

The Property/business

She-Sells is an impressive 3 storey building with frontage for the display of goods to 2 sides and is concerned with the sale of gifts, jewellery, cards and toys etc with many exclusive lines. We understand the business trades all year with variable hours depending on the season, is run principally by our clients with some part time assistance. We understand a business has traded on this site for the past 10 years, has been in our clients tenure for the past 3 years who are now selling due to family commitments.

The well appointed retail area comprises circa 400 sq ft of retail space, leading through to several store rooms and kitchen area equating to a further circa 250 sq ft.

With side access and at the first and second floors is the well appointed 3 double bedroom accommodation with separate lounge, kitchen and bath/shower room.

In terms of the trade, we understand the turnover is in the region of £102,000, which produces a gross profit level of 53% and an adjusted net profit (after all normal operating expenses) of circa £37,000 per annum.

Also, for those persons wishing to rent the accommodation, we are advised there is significant interest for this type of accommodation in Mevagissey which would yield in the region of circa £8,000 per annum. Further accounting information will be made available subsequent to a viewing appointment in the normal manner.

The Accommodation Comprises

(all areas and dimensions are approximate)

Double Entrance

Double width opening door into:-

Retail Area

10.72m x 3.39m, an attractive retail space with slate floor, inset spotlights, built in and free standing display units. Door leading through to:-

Store Room

3.85m x 2.83m, through to:-

Further Store

2.37m x 1.95m

Kitchen/storage Area

2.95m x 2.65m, window to rear elevation.

Separate WC with hand basin.

Owners Accommodation

Access to the side of the property with stairs ascending to the:-

First Floor

Entrance Lobby

4m x 1.85m through to:-

Kitchen

4.72m x 3.89m, with a matching range of base and wall units, window to rear elevation, stainless steel sink and drainer unit through to:-

Lounge

4.72m x 3.89m, with two windows to the front elevation, feature fireplace.

Bedroom 1

3.72m x 2.17m, window to rear elevation.

Stairs ascending to:-

Second Floor

Bedroom 2

3.19m x 2.71m, window to side elevation.

Bedroom 3

3.19m x 2.71m, window to side elevation.

Bathroom

Bath with electric shower over, low level WC and hand basin in vanity unit. Window to side elevation.

Outside

Decked terrace area off the first floor accommodation and at ground floor level courtyard with bin store area, storage shed and door to rear store room.

Tenure – Freehold

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 Certificate for this property is within Band G.

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

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.

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.

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Beverly Northey Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247031
Email: bn@miller-commercial.co.uk

Property Brochure PDF