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£59,950

Retail premises for sale

Fore Street, Porthleven, Helston TR13

£59,950

Retail premises for sale
Fore Street, Porthleven, Helston TR13

    About this property

    • Leasehold Contemporary Art Gallery

    • Prominent Trading Position

    • Close To The Harbour

    Leasehold Contemporary Art Gallery Located In Porthleven Near Helston
    Excellent Trading Position
    30 Metres from The Harbour
    Ref: 3129

    Asking Price: £59,950

    Location
    This delightful Contemporary Art Gallery is located in the Cornish town of Porthleven near Helston, Cornwall. Situated within a prominent and highly visible trading position which benefits from high levels of passing trade. The business is surrounded by other complimentary retailers, businesses, residential properties and offers stunning views across the harbour and out to sea. The town of Porthleven is (2.5 miles) away from Helston. Helston is well served by the a-roads, with the A394 being within easy driving distance of the property, which links to the national a-road and motorway networks. Helston is (12 miles) east of Penzance and (9 miles) southwest of Falmouth. The nearest railway station is Camborne, which is approximately (8 miles) away.

    Business Description
    Veritas Business Sales are delighted to offer for sale this established Contemporary Art Gallery which is located in the vibrant harbour town of Porthleven. The business was established by our client 3 years ago and is now being offered for sale so that they can concentrate on other business interests.Since ownership they have refurbished, redecorated and continually invested in fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Cornish Art is owner operated with the help of 1 part time member of staff and has an annual turnover of circa £120,000. The Gallery houses a collection of various local artists work as well as stocking hand crafted ceramics made by local Cornish businesses. We believe that there is further potential to increase trade by implementing an advertising & marketing campaign, upgrading the current website as well as opening in the evenings during the summer holiday period as well as Sundays. The business enjoys a strong reputation locally for its quality and as such has a high level of regular repeat local trade along with many visiting tourists. This is a superb opportunity to purchase an established gallery which is a great base to build upon and as such early viewing is highly recommended.

    Opening Hours
    Monday - Saturday - 10:00 - 17:00
    Sunday - closed

    Leasehold
    Term: 10 years
    Remaining: 1 year
    Rent: £10,400 pa
    Rates: Zero

    Ground Floor
    Retail area (5.0m x 4.1m) comprising; sales counter, cash drawer with computer and payment equipment, stool, various display cubes, chair, various shelves, and ceiling spotlights.
    Retail area 2 (5.6m x 4.0m) with 2 x display tables, display cabinet, various display pieces, display cabinet and ceiling spotlights.
    Kitchenette (1.6m x 1.0m) with sink with drainer, coffee machine, kettle toaster and kitchen wall cabinet.
    W/C (1.2m x 2.5m) with mirror and wash basin.
    Storage & packaging room (2.8m x 4.2m) with desk, chair, display cabinets and cupboard.

    EPC Rating D

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