The picturesque fishing village of Mousehole is situated in West Cornwall, approximately 4 miles from Penzance and is famous for being the home of “Stargazy Pie” and the setting for the children’s book, the Mousehole Cat. The premises are situated on the main thoroughfare past the harbour which experiences high levels of visitors during the summer months being one of the areas most popular of tourist destinations.
A well-presented ground floor retail shop with an L-shaped configuration. Within its own gated courtyard, the property offers 470 sq ft of accommodation which includes sales/display area and small stock room while enjoying ample window frontage.
The business was established at this location in 2008 specializing in the sales of gifts and interior accessories sourced locally and from many leading giftware suppliers, including Sophie Allport, Gisela Graham and East of India. Coast currently trades from April to October opening 11am to 5pm with additional days during school holidays and Christmas/Mousehole Lights
We understand that turnover/profit has grown consistently since being established and the business is operated solely by our husband and wife clients meaning Coast offers ideal lifestyle opportunity with potential for expansion either through extended opening hours or development of online sales. Our clients have registered relevant domain names which will be included in the sale.
We are advised for the year end 2014 the net turnover (after VAT) is in the region of £87,000 and produces an adjusted net profit of circa £30,000. Further accounting information will be made available subject to a viewing appointment in the normal manner.
Schedule Of Accommodation:
(All areas & dimensions are approximate)
Light, airy and contemporary sales area in an L-shaped configuration including tiled flooring, exposed stonework, halogen spotlighting, sales desk, shelving and display units.
Partitioned storage area including racking and safe.
Attractive, quaint courtyard. Shared WC facilities.
We understand the business is available with a new 9 year internal repairing and insuring lease with 3-yearly rent reviews at a commencing rental of £9,500 pax. The lease is to be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954.
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.
To be taken at valuation
General Enquiries 0300-1234-100
Energy Performance Certificate:
The Energy Performance Rating for this property is within Band D
We refer you to the valuation office website www.voa.gov.uk or call 0300-1234-171
Prospective owners should make their own enquiries of the appropriate statutory undertakers:
Western Power: 0845 601 2989
South West Water: 0800 169 1144
Value Added Tax:
All the above prices/rentals are quoted exclusive of VAT, where applicable.
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.