• WELL POSITIONED CONVENIENCE STORE
Price:
Leasehold - £29,950
Location:
Cornwall, Penzance
Business Type:
Commercial Property, Retail businesses
•CIRCA 500 SQ FT OF RETAIL SPACE
•STRONG & CONSISTENT SALES
•INTERNAL VIEWING HIGHLY RECOMMENDED
•NEW SECURE 10-15 YEAR LEASE
Long Rock Stores are situated close the attractive small town of Marazion and Penzance in West Cornwall, a highly desirable part of the County which has seen significant structural, educational and commercial investment. Long Stores is a broad fronted property, most probably originally two cottages. The business has been established for a number of years concerned with the sale of day to day goods, including dry tinned goods, has a food counter, newspapers, confectionary and tobacco. The property is well serviced with two storage areas to the rear and front of the building and is generally well presented throughout. In terms of the trade, we understand from the year end accounts January 2010 that net sales were in the region of £474,000, which in turn produced a gross profit of circa 20%. Further accounting information will be made available, subject to viewing the property in the normal manner.
NEW 10-15 YEAR LEASE (TO BE NEGOTIATED) WITHIN THE LANDLORD & TENANT ACT 1954 WITH AN INITIAL PASSING RENTAL OF £12,000 PER ANNUM), WITH A RENT REVIEW PATTERN TO BE AGREED.
North Yorkshire
£ 750,000
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