Fore Street, Newquay, TR7 – Newquay
For sale £12,000 422 sq ft
Brief description including features and the main photo for the property
A well established gift shop and confectionary business located in a prominent trading area close to the town centre and the harbour. £95,000 Ingoing Stock at valuation £12,000 per annum rent.
THE SITUATION Fore Street is one of Newquay's main trading areas and benefits from the majority of inflow of traffic coming into the resort doing so within the immediate area. It is also the main vehicular access from the town centre to the world famous Fistral Beach. The property is also located on the corner of the main access to the harbour and opposite one of the three accesses to the local Sainsbury's supermarket.
THE PROPERTY The property comprises of a lock up ground floor double fronted shop with frontage of 6m (19ft) and shop depth of 8.10 m (26ft 7"), retail area of 34.6 Sq Mts (373 Sq Ft) and a basement storage area of 39.2Sq Mts ( 422 Sq Ft) and WC.
THE BUSINESS Operated on a all year round and trading in ice cream, confectionary and gifts, fishing tackle and equipment the business has been established over many years. Trading figures can be made available after viewing with the vendor's permission.
THE LEASE A ten year full repairing and insuring lease dated 27th November 2015 commencing on 25th March 2015 with 3 yearly reviews with an annual rental of £12,000
MAINS SALES AREA 8.13m x 5.59m maximum l shaped (26'8" x 18'4" maximum l shaped) Double fronted shop with display windows and double doors. An inset ice cream serving window and servery area. Counter serving area with stainless steel wash hand basin. Storage cupboard. Good range of surrounding and centred display shelving. UPVC sealed unit double glazed window to the rear with sea views. Range of fluorescent strip lighting. Power point. Stairs descending to
BASEMENT STORAGE 6.42m x 4.93m (21'0" x 16'2") Range of rack storage shelving. Fluorescent strip lighting. sink area. Power points. Door to
SEPARATE WC Low level suite.
SERVICES Mains electricity, water and drainage can be found at the property, however, we have not verified any of the connections.
This shop, retail unit for sale is located in Newquay.