Chartered Surveyors and Business Property Specialists
Beverly Northey Commercial Surveyor View Profile

Contact us about this property

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

For Sale
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Celtic Legend Gift Shop, Fore Street, Tintagel, Cornwall

Business for sale

£249,950

Freehold

A profitable gift shop in a popular tourist location on the North Coast of Cornwall.
Current turnover in the region of £80,000pa with growing online sales and the potential for further development.

Retailing a range of jewellery, watches, chess sets and curios the business comprises an attractive and well equipped sales area with an office, kitchenette and storage to the rear.

  • PROFITABLE GIFT SHOP IN PROMINENT TRADING POSITION
  • E-COMMERCE SALES/WEBSITE
  • POPULAR TOURIST LOCATION
  • EPC: D92
  • SALES IN THE REGION OF £80,000 PA
  • OPPORUNITY FOR GROWTH
  • AVAILABLE FOR FIRST TIME IN 13 YEARS
  • IDEAL FIRST RETAIL VENTURE
  • INCLUDES OFFICE, KITCHENETTE AND STORE ROOM.

Property Brochure PDF Location Map

Location

Celtic Legend occupies the ground floor of an attractive double fronted property in a prominent trading location on Fore Street, the main thoroughfare through the coastal town of Tintagel.

Famous for its rugged coastline, Castle and links to King Arthur, Tintagel is considered to be one of the most iconic tourist destinations in the South West with nearly 200,000 people visiting the Castle alone in 2015 (The Guardian). Visitors are drawn from all over the world by the Arthurian legends, historic ruins and breath taking scenery.

The Business

The business has been in our clients tenure for the past 13 years and comprises a well presented sales area of approximately 690 sqft, to the rear of which is an office, kitchenette and storage room. The business retails top quality collectables, jewellery, watches, chess sets and gifts with manufacturers and suppliers including St Justin, Sea Gems, Arora Design, Fiesta Studios, AE Williams, Design Clinic, Beer Buddies and many more.

In addition to visitors to the shop, there is an E-commerce business offering on line sales: www.celtic-legend.co.uk

Trading all year round, the business is open between 10am and 5pm from April to October with reduced hours of 10am to 4pm for the remainder of the year. The business is currently operated without the assistance of staff and is ideally suited to a husband and wife team.

Trading accounts for the year ending 31st March 2017 show sales of £77,908 with a 52% gross profit margin and adjusted net profit of £33,721.

The Accommodation Comprises

(all areas and dimensions are approximate)

Main Retail Sales Area

11.59m x 5.56m. The shop benefits from two large bay windows to the front elevation for display purposes together with a return window to the side and is well presented and equipped with a built-in counter and electric till and a range of built-in, free standing and wall mounted displays.

To the rear of the shop is a door through to:-

Rear Lobby/kitchenette

Single Stainless steel sink with storage below and doors to:-

Staff Wc

WC, pedestal wash hand basin, window to rear.

Office

4.144m x 2.12m. Window to rear elevation, wall mounted shelving.

Storage Room

5.19m x 3.86m. A range of built-in and freestanding shelving for stock storage.

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 within Band D92.

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-my-valuation/search

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.

Finance

If you require advice regarding the Financing of a Business, at no initial cost, please contact us on the number 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
Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk or
Beverly Northey on 01872 247031 or via email bn@miller-commercial.co.uk

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