Estate Agents Cornwall
Bosvigo Stores
Harrison Terrace, Truro
365,000
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OVERVIEW

An opportunity to purchase a substantial property in a prime central location. This thriving local business, offers large residential accommodation with great scope for further development and profitability or a development opportunity*. NO ONWARD CHAIN.More details...
x 4 x 2 x 1 x 1
Property Reference: 4210262
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FLOOR PLANS

General Description
THE RESIDENTIAL ACCOMMODATION: Approximately 80% of the total square footage excluding the garage and store. The residential element of the property comprises: GROUND FLOOR: Entrance hall, lounge, diner and kitchen / breakfast room. FIRST FLOOR: Landing, four good size bedrooms (one currently used as an office), bathroom / shower room and an additional WC.

BUSINESS / SHOP: A large L - Shaped open plan shop area with large glass front and side window displays and a service / counter area.

EXTERIOR: There is a good size garden / seating area to the side of the property for the owners to enjoy and in additional there are seating areas to the exterior of the shop to the front and side; for clients to enjoy. The property also offers a LARGE GARAGE offering private parking and storage.


Income and Business Model
The current business model offers a consistent turnover and produces GOOD PROFIT margins: The NEWSPAPER delivery service (currently not included but available through separate negotiation) generates a high proportion of the annual sales and is the largest home news delivery service in Truro. Complementing this is a thriving local store offering a wide range of products including; General stores, WINES and SPIRITS, cigarettes and tobacco. The location and usage class coupled with the hard to come by ALCOHOL LICENCE offers great potential to further ENHANCE THE PROFITABILITY of the business though additional marketing and promotion.

Location
Ideally situated between the CITY CENTRE and the main RAILWAY STATION, the property is Ideal for passing trade of commuters, students, shoppers and local residents.

Floor Areas
Business Premises / Shop / Kitchen : 45.98 SQ.M (495 SQ.FT.)
Residential Accommodation : 105.87 SQ.M (1139 SQ.FT.)
Garage / Store : 44.55 SQ.M (479 SQ.FT.)


Useage Class A1
Currently the business part of the property is retail with an ALCOHOL LICENCE and is in a usage class of A1 which allows other types of business should any new owner wish to diversify (without further planning permission); for instance: Shops, retail warehouses, hairdressers, undertakers, travel and ticket agencies, post offices, pet shops, sandwich bars, showrooms, domestic hire shops, dry cleaners, funeral directors and internet cafes. There may be other options for a change of use if required; however you would need to contact the local council for clarification.


Council Tax / Business Rates
Residential Band Element: B. Business Element: Rateable Value: (4850). The current business owners benefit from small business rate relief and therefore no business rates are payable at this time. Please contact Local Cornwall Council general line number 0300 1234 100 for clarification.

Tenure
Freehold

VALUE ADDED TAX
All the figures are quoted exclusive of VAT, where applicable.

Services
Mains electricity, gas, water and drainage.


Business Premises
24' 7" x 22' (7.50m x 6.70m) L-shaped

Kitchen
20' x 8' 2" (6.10m x 2.50m)

Hallway


Lounge
12' 2" x 11' 2" (3.70m x 3.40m)

Dining Room
10' 10" x 10' 6" (3.30m x 3.20m)

Bedroom
9' 2" x 7' 10" (2.80m x 2.40m)

Bedroom
12' 10" x 12' 6" (3.90m x 3.80m)

Bedroom
13' 9" x 11' 2" (4.20m x 3.40m)

Bedroom / Office
12' 2" x 8' 6" (3.70m x 2.60m)

Bathroom
11' 6" x 8' 6" (3.50m x 2.60m)

Seperate WC


Garden
Enclosed Court yard and seating area for the premises.

Garage
Large garage and storage area.

LOCATION

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ENERGY PERFORMANCE CERTIFICATE

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SCHOOL SEARCH

IMPORTANT NOTICE In accordance with the Property Misdescriptions Act (1991) we have prepared these sales particulars as a general guide to give a broad description of the property. They are not intended to constitute part of an offer or contract. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floorplans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) are given as a guide only and should be checked and confirmed by your Solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain exclusive to HUS.