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• ESTABLISHED BUSINESS (CIRCA 25 YEARS)

Price:
Leasehold - £59,950
Seller Ref:
B35034
Location:

Cornwall, Truro

Business Type:

Commercial Property, Retail businesses

See Other:
Fancy dress shops for sale in Cornwall
Retail space for sale in Cornwall
Retail businesses for sale in Cornwall
Commercial property for sale in Cornwall
Description:
THE BUSINESS:
SPACIOUS RETAIL PREMISES OF APPROXIMATELY 1,400 SQ. FT., PLUS SIZEABLE STORAGE AREAS AND HIRE/STOCK ROOM
AVAILABLE DUE TO PENDING RETIREMENT PLANS
CITY CENTRE LOCATION
PARKING FOR 2-3 CARS
IDEAL HUSBAND AND WIFE OPPORTUNITY

Clowning Around has been trading for some 25 years and has traded from it’s current premises for some 7 years. The business specialises in the retail of fancy dress costumes and accessories in addition to a wide range of novelty items. Alongside this there is also a costume hire department which comprises a unique collection of costumes and accessories, including ex-BBC stock and vintage clothing; which are hired not only by the public, but also theatrical and film companies, schools and colleges.

The accounts for the year ending 30 September 2009 show a combined sales and hire turnover of £194,044.99, producing a gross profit of £89,350.42, with an adjusted net profit of £39,446.02.
Lease Terms:
Leasehold (the remainder of a 10-year lease commencing 29 September 2007) on a 5-yearly rent review pattern at a current passing rental of £14,000 per annum exclusive
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