Chartered Surveyors and Business Property Specialists
Paul Collins Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

For Sale
1 of 4

Newsagents And Village Stores, Lemon Street, St Keverne

Retail for sale

£139,950

Freehold

This is a wonderful opportunity to acquire a Freehold Village Newsagents and Stores on the picturesque Lizard Peninsula in South Cornwall. The shop currently trades on extremely limited hours and is considered a perfect first business venture, The building may also appeal to those seeking premises for an alternative Commercial use.

  • FREEHOLD COMMERCIAL PREMISES
  • CURRENTLY A VILLAGE STORE & NEWSAGENTS
  • IDEAL FIRST BUSINESS VENTURE
  • PREMISES MAY SUIT ALTERNATE COMMERCIAL USES
  • VIEWING ADVISED

Property Brochure PDF Location Map

Location

St Keverne is one of the most picturesque villages with the County with the property being situated just off the Village square. St Keverne has a strong year round community which is boosted significantly during the holiday season as the area has some of the most picturesque Coastline within the region in addition to a number of Tourist attractions and holiday parks. The village is approximately 12 miles from the Market town of Helston which offers a range of National and independent businesses, schooling for all ages and is home to RNAS Culdrose, one of Europes largest Naval Air stations.

The Business

This traditional Store and Newsagents has been in our clients tenure for several years and offers a wide array of goods including, Newspapers, Magazines, Stationery, Greeting Cards, DIY products, Fishing Accessories, Pet Food, General Household Items and Confectionery. The current opening hours are 8 am – 12 noon 7 days a week, our client operates the business with the assistance of two part time staff. It is felt that there is tremendous scope for growing the business further through extending the opening hours and possibly installing an off licence amongst other things. The property may also appeal to those seeking to adapt the premises for alternate use such as a Cafe, Coffee Shop, Gallery etc.

Accounts for the year ending 5th April 2019 show a turnover of £93,666 which is reflective of the extremely limited trading hours that are currently operated by our clients owing to their other business and family commitments. Accounts will only be made available subject to a viewing appointment in the first instance.

The Premises

The ground floor of the building comprises a well laid out retail space with a range of fitted and free standing display shelving and racking, CCTV, Bottle Fridge, Chest Freezer, Counter and electronic cash register. There is also a small storage cupboard a staff kitchen and Toilet. On the first floor is a storage room/office with shelving, whilst externally the property has an enclosed Courtyard to the rear and a small forecourt to the front elevation with a delivery bunker.

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 E.(111)

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 which shows that the current rateable value is £2,425. For small business holders with just one premises this is likely to be below the minimum threshold. However, please do not rely on this information and make your own enquiries with the local authority.

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

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, please contact us on the number below.

Contact Information

For further information or an appointment to view please contact either:-
Paul Collins on 01872 247029 or via email pc@miller-commercial.co.uk or
Graham Timmins on 01872 247019 or via email gt@miller-commercial.co.uk or

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.

Interested in this Property?
Connect with our Expert

Paul Collins Commercial Surveyor View Profile

Contact us about this property

Call: 01872 247029
Email: pc@miller-commercial.co.uk

Property Brochure PDF