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Leasehold Jewellery Manufacturing/Retail Business In Porthleven For Sale

Porthleven, Cornwall, UK
Asking Price:
£250,000 Furniture / Fixtures included
Sales Revenue:
£350,000
Cash Flow:
Available on request

Leasehold Jewellery Manufacturing & Retail business located in Porthleven. Prime harbour front location.

Veritas Business Sales are delighted to offer for sale this established Jewellery Manufacturing & Retail business which is located in the vibrant harbour town of Porthleven. The business was established by our client 10 years ago and is now being offered for sale as they wish to relocate.
Since ownership they have refurbished, redecorated and continually invested in new equipment along with 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. The Jewellery Work Shop is owner operated with the help of 1 full time and 1 part time members of staff and has an annual turnover of circa £350,000. They retail crystal gifts, trendy leather bracelets, watches (Lorus, Zeppelin, Iron Annie), silver jewellery, gold & platinum rings, pearls and quirky anodised aluminium jewellery. The business also offers commissions, in-house repairs and alterations.
We believe that there is further potential to increase trade by implementing a vigorous advertising & marketing campaign. The business enjoys a strong reputation locally for its quality and as such has a high level of regular local trade along with many visiting tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

Original term: 15 years
Remaining: 13 years
Rent: £10,000 pa
Rates: Zero

Leasehold Rent:

£10,000 per annum

Location:

This delightful Jewellery Manufacturing & Retail business is located in the Cornish town of Porthleven near Helston, Cornwall. It 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) south-west of Falmouth. The nearest railway station is Camborne, which is approximately 8 miles away.

Premises Details:

Sales retail area (11.6m x 3.8m) comprising: 5 glass retail display cabinets, 2 rotary retail display units, various glass shelving, armchair, 3 wall mounted mirrors, 4 glass display cabinets with sales counter, cash register and octagonal glass display unit.
Storage room 1 (1.6m x 1.7m) with various shelves.
Storage room 2 (1.6m x 1.7m) with various shelves, w/c and wash basin.
Manufacturing space/office (3.0m x 3.8m) comprising: desk, chair computer with key board and monitor, printer, 2 work stations, various tooling and equipment for the manufacturing of jewellery.

Business Operation

Trading hours:

Monday – Saturday – 10:00am – 5:00pm
Sunday – 11.00am – 4.00pm

Other Information

Inventory / Stock value:
£75,000

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