Established Retail Shop In St Austell For Sale

Property Information

Property:

Leasehold

Lease Terms:

Weekly rent of £475.20. shop can be vacated with 1 months notice. this figure is inclusive of VAT: £396 + vat

Leasehold Rent:

£24,710 per annum

Location:

A prime spot within a bustling and well-established indoor market

Premises Details:

The business is situated within a bustling and well-established indoor market, renowned for its diverse range of offerings and vibrant atmosphere. The market features over 70 independent traders, each providing a unique array of goods and services. Visitors can find a variety of local meats, fresh fruits and vegetables, clothing, gifts, antiques, tools, craft ware, furniture, vape shops, luggage, jewelry, kids' clothing, and an extensive pick 'n' mix selection, making it a one-stop destination for all shopping needs.

The market also boasts excellent amenities, including several cafes, outdoor catering units, and ample toilet facilities. For added convenience, there is free parking available for over 2,000 cars. The market operates every Wednesday, Saturday, and Sunday from 9 am to 5 pm, ensuring ample opportunities for customers to visit.

Additionally, the market features a dedicated food hall, open from Wednesday through Sunday, 9 am to 5 pm, throughout the year. The Food Hall is a highlight of the market, offering a variety of high-quality food vendors.

A fantastic bakery
A quality farm shop
A new deli with an extensive range of meats and cheeses
A classic fish 'n' chips shop
A cafe serving all-day meals
Kernow Churros, known for the best churros in Cornwall

This vibrant setting provides an ideal location for businesses looking to thrive in a dynamic and heavily frequented environment.

Size in square feet:

1,080

Business Operation

Expansion Potential:

Range can be changed significantly by an experienced operator, the future potential is uncapped, make it your own, be your own boss within an excellent retail environment

Competition / Market:

The business enjoys a unique competitive advantage as the only discount shop within the market. The market management ensures exclusivity by limiting other traders from selling similar discount products. This monopoly over the discount retail segment within the market provides a significant edge, reducing direct competition and allowing the business to attract and retain customers seeking discounted goods. This strategic positioning helps secure a steady customer base and supports long-term business growth.

Reasons for selling:

Retirement

Trading hours:

Wed - Sun
9AM - 5PM

Years established:

5

Other Information

Support & training:

Prospective buyers will receive comprehensive support from the experienced management team at Par Market. Our team includes a former operations manager from Asda, bringing extensive retail background and expertise. Additionally, we have a longtime market trader with over 40 years of market experience, ensuring valuable insights and guidance. Our dedicated sales and marketing team is also on hand to provide ongoing support and help drive business success. This combined expertise ensures that new owners will have all the resources and assistance they need to thrive in this vibrant market environment.

Furniture / Fixtures value:

£2,500 - included in the asking price

Inventory / Stock value:

£5,000 - included in the asking price