Leasehold Independent Jewellery... Retail property (high street) for sale

Rare Opportunity To Acquire A Long Standing Independent Profitable Jewellery Business
Locations In Truro, Falmouth & Padstow
Ref 3045

Asking Price £299,950 plus SAV

Location
This respected and very successful Jewellery Business is located in three of the most stunning and busy parts of Cornwall. Truro, Falmouth & Padstow.

Business Description
Blue Wing Gallery has been established in one of the UK's prime tourist destinations for over 20 years. It enjoys an enviable reputation with tourists and locals alike for its range of contemporary and classic silver jewellery set out in beautiful stores in prime locations.
This golden opportunity has arisen due to the owners' planned retirement and offers prospective purchasers to take over a successful business which is truly turn-key. The business currently operated from three locations in Cornwall; Padstow, Falmouth and Truro. The stores are held on secure long-term leases and enjoy a loyal and substantial customer base and are operated by experienced and dedicated customer service professionals.
HIGHLIGHTS:
o Solid trading record 20+ years with identified opportunities for growth
o 3 prime locations in Cornwall with potential of expansion in the region
o Profitable business with high profit margins
o Run by a small team of knowledgeable and experienced staff.
o Comprehensive product offering
o Well-presented and fully fitted-out stores
o Turnkey: walk-in business with experienced team in each store
o Lucrative lifestyle business with huge growth potential and scalability for investors.
o A well-established partnership with suppliers and brands
o Loyal, longstanding and repeat customer base
o All revenues derived directly from customers without the need for marketing
o Scope for massive growth for e-commerce functionality
Growth
While the current set up offers a lucrative lifestyle business, it also offers huge growth potential and scalability for investors. Although there is currently a fully functioning e-commerce website, the current owner have not fully exploited these sales and marketing channels. There is no social media presence, the business has been operated almost exclusively as a bricks and mortar enterprise.
The second growth area would be the expansion of retail stores around Cornwall & Devon.

Truro Store
5 Cathedral Lane
Truro
TR1 2QS
Leasehold
Secure Long Lease
TRURO
Truro is the commercial administrative, retail. And cultural hub of the county. It boasts a three-spired cathedral, museum and theatre/concert hall. The store is located within a few metres of the cathedral !
The city lies in the centre of the county and offers year-round trade that is less influenced by the annual influx of tourists.
Ground Floor
Retails area comprising: bespoke Italian well-lit display cases.
First Foor
Kitchenette
Storage area
Toilet with w/c and wash basin.
EPC Raring E

Padstow Store
16 Duke Street
Padstow
PL28 8AB
Leasehold
Secure Long Lease
PADSTOW
The culinary capital of Cornwall, made famous by TV chef Rick Stein , the Padstow store occupies a prime location close to the harbour.
Padstow welcomes a huge volume of visitors each year for its fine dining, attractive
location, coastal walks, and array of independent shops. It is one of the ‘Go-To' places to visit in Cornwall it also hosts the famous Obby Oss festival each May..
Ground Floor
Retails area comprising: bespoke Italian well-lit display cases.
EPC Raring E

Falmouth Store
29a Church Street
Falmouth
TR11 3EQ
Leasehold
Secure Long Lease

FALMOUTH
A thriving port and university town, Falmouth has one of the deepest harbours in the world and is home , to an array of sailing, diving, and
water sports. It has hosted the tall ships event, hosts an annual oyster festival and is home to the National Maritime Museum (Cornwall).
It is a centre for the creative arts in the South-West. Falmouth is a working town and offers good year-round trade from tourists and locals alike.
The store is located along the prime shopping street of the town and is close to all the major attractions.

Ground Floor
Retails area comprising: bespoke Italian well-lit display cases.
EPC Raring E

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

Retail property (high street) for sale

Features and description

About this agent

See more properties like this