Freehold Gift Shop Located in East Looe. Established business. Prominent town centre location. Comes with a self contained four bedroom flat above.
Veritas Business Sales are delighted to offer for sale this respected Gift Shop business which is located in East Looe. The business was established by our clients over 50 years ago and is now being offered for sale so that they can enjoy a well deserved retirement..
Since ownership they have refurbished, redecorated and continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included with in the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Shell Shop is owner operated and employs the help of 2 full time members of staff and for year ending 31st December 2021 will post a turnover of circa £220,000 producing good profits. They retail a wide range of gifts for holiday makers as well as bags, jewellery, jokes and is one of the best stockist of fancy dress outfits in Cornwall. Looe is famous for its New Years Eve fancy dress parties along with many functions during the holiday season. The property comes with a self-contained four bedroom flat above.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat 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 as this is one not to be missed.
