Leasehold Independent Jewellers Located In Falmouth

Leasehold Independent Jewellers Located In Falmouth
Ref 2952

Location
This established Jewellers is located in the vibrant harbour town of Falmouth. Situated within a prominent and highly visible trading position on Church Street in the heart of the town centre and close to the cinema, bus station and only a short walk from the marina and Maritime Museum The town offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. Falmouth has recently been voted as one of the most desirable places to live in the UK.

Asking Price: £49,950 plus SAV (to be negotiated)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Jewellers which is located in the vibrant harbour town of Falmouth. The business was established in 1998 and has been in the hands of our clients since 2002. They are now offering the business for sale so that they can enjoy a well-deserved retirement.
Since ownership they have continually refurbished, redecorated and invested in bespoke fixtures and fittings giving the shop a calming nautical theme and are of course 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. Atlantis Jewels is owner operated with the help of 2 part time members of staff and has an annual turnover of circa £200,000. They retail a range of jewellery from the finest diamonds, gold, silver and Cornish tin, they also do bespoke jewellery and provide the best prices for scrap gold.
We believe that there is further potential to increase trade by implementing a vigorous advertising & marketing campaign as well as investing in a new state of the art website for online sales. The business enjoys a strong reputation 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.

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

Leasehold
New 5 year lease to be granted
Rent: £10,000 pa
Reviewed: 3 yearly
Business rates: currently zero

Ground Floor
Retail area (4.1m x 5.8m) comprising: bespoke sales desk with glass table top cabinets, electronic till with display screen, bespoke yacht varnished built in display cabinets.
Office(1.5mx 2.0m) with CCTV monitor, various shelves, office chair, printer and large safe.
Toilet (1.0m x 1.0m) with W/C, wash basin and various shelves.

EPC Rating C