Retail premises for sale in St. Pirans Road, Perranporth TR6

Location

The business is situated along St Pirans Rd in the centre of Perranporth village on the Cornish coastline. The location benefits from great tourism, a vibrant community and good connectivity with easy access to the A30.

Description

Lease-hold, turn-key business in the heart of Perranporth. This business offers the exciting opportunity to take over the helm of a popular and awarding-winning business that it approaching its third anniversary of year-round trading.

All You Can Eco is a sustainable Living and Lifestyle store that's offering sets it apart on the high-street. A eclectic selection of the best eco-friendly crafts, pioneering products and while label ranges are mixed with more than 40 local crafters who work on a commission basis.

In addition to its retail selection, there is a new coffee machine as well as a window coffee bar that seats 6-8 people. With an already successful takeaway hot drink provision there is scope to add simple grab and go foods and to expand further into the café market.

The store is offered as a 'turn key' sale - with all socials, branding, furniture and fixings sold with the business. There is also the addition of a hand over period with its current owners to ensure smooth business transition.

A copy of the business's accounts can be made available on request.

Accommodation

We have been informed that the net internal floor area is as followed;

total NIA- 90 sq m (968 sq ft)

Services

We understand that mains electricity, water and drainage are connected. None of the heating systems or any other plant and equipment have been tested by Commercial List and prospective lessees must rely on their own investigations as to their existence and condition.

Business rates

From enquiries made though the Valuation Office website, we understand that the following rating assessment applies;

Rateable value: £11,250

This property is eligible for small business rates relief. However interested parties should make their own enquiries as to the amount of rates payable.

Terms

The premises are available to let on an effective full repairing and insuring lease at a passing rent of £11,000 per annum with the current business being sold as a going concern for £42,000 + sav. The current lease expiries on the 13th June 2027 and is available by way of a lease assignment. There is a rent review every third anniversary of the lease and a three month rent deposit will be required. Please contact the agent for a copy of the lease.

EPC

Energy rating: C

VAT

We understand that VAT will not be charged on the sale of the business or the rent.

Legal costs

Each party to pay their own legal costs incurred. The landlords legal costs to be split 50/50 between the assignor and assignee.