Studio Property for Sale in Mevagissey

Established bookshop in the centre of Mevagissey




Mevagissey is a village and old fishing port about 6 miles south of St Austell on the South Cornwall coast. It's narrow streets and harbour attract many thousands of visitors each year.

The bookshop and gallery is well established and is a mid terraced building of masonary construction with rendered elevations under pitched slate roofs. The shop is at ground floor level facing onto Church Street with a 2 bedroom residential flat at first and second floor levels.


ACCOMMODATION (All dimensions are approximate)

GROUND FLOOR - Entrance lobby into shop/gallery with a range of bookshelves, display stands, service counter, small office, small kitchen and toilet.


FIRST FLOOR - Staircasr with seperate door onto the street, landing leading to bedroom 1, bedroom 2, inner hallway, living room, shower room with shower, wash hand basin and WC.

SECOND FLOOR - Studio room.


THE BUSINESS

Trading Style The Loft Bookshop is an established and well known business run by the present owner for 20 years. He now only eants to sell to retire. The shop is well known locally and on the internet, with a range of new and antiquarian books offered, together with first edition and signed copies of E.V. Thompson, a local author. Additionally, the shop sells postcards and novelty items.

Turnover - The advised turnover for the year 2007 is £46,254 net of VAT.

Rating (verbal enquiries only)

Restormel Borough Council informs us that the property has a rateable value of £4,200.

SERVICES (advised by client)

The property is believed to be connected to mains electricity, water and drainage.

PRICE AND TENURE

The property is available for a quick sale for the leashold interest going concern business and full trade inventory. Vacant possession upon completion.

The business is held on a 9 year lease from 29 September 2006 at a rental of £12,000. There are 3 yearly reviews with the next being in 2009.

FINCANCE

An early discussion about finance can often save time and disappointment. If you would like independent specialist advice on funding this property or any other purchase, contact us for details of our approved brokers.

VIEWINGS

Strictly by appointment with the vendors sole agents. Tel: (01726) 66442. You are recommended to contact us before visiting the property even for an informal viewing. We can then confirm whether or not it is still available.


THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.