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Marquee Hire Business Located In Cornwall For Sale

Scorrier, Cornwall, UK
Asking Price:
£499,950 Furniture / Fixtures included
Turnover:
£333,482
Net Profit:
Available on request

Leasehold Marquee, Tent & Tipi Hire business located in Scorrier, Redruth. Established business with a great reputation. Includes £270,000 of equipment. Ideal bolt on business.

Veritas Business Sales are delighted to offer for sale this respected Marquee, Tent & Tipi Hire business which is located just outside the Cornish town of Redruth. The business was established by our clients 6 years ago and is now being offered for sale so they can concentrate on other business interests.
Since ownership they have become one of the market leaders in the South West and offer marquee, furniture and flooring hire for all occasions. All events are assessed on an individual basis, and the needs of the client are taken into account prior to finalizing the plans for any event. They have database of both commercial and domestic clients and have supplied many successful events over the years to include Board Masters at Newquay and The Rock Oyster Festival. They have built a reputation for high quality products, efficient service and competitive transparent pricing. This philosophy has resulted in the continued growth of the company and have become a major force in the South West. The business is owner operated with the help of 4 full time and 2 part time members of staff during the main season and for year ending 31st October 2021 had a turnover of circa £333,482. They already have confirmed bookings over the next two years of circa £700,000.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular repeat trade. 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 gem is not to be missed.

Property Information

Property:

Leasehold

Lease Terms:

Lease: 3 year rolling leasing
Remaining: 2 ½ years
Rent: £24,774 pa
Business Rates: zero

Leasehold Rent:

£24,774 per annum

Location:

This successful Marquee, Tent & Tipi hire business is trading from new premises on Redruth Enterprise Park, Scorrier, Redruth, Mid-Cornwall. The business is perfectly situated on the Scorrier/Redruth junction of the main (A30) trunk road through Cornwall which gives easy access to all parts of the county. The picturesque town of St Ives which is approximately (16 miles), Truro City centre (15 miles) away and the popular holiday village of Portreath (4 miles). Redruth is also on the main railway line from Paddington to Penzance.

Premises Details:

Ground Floor
Warehouse (14.6m x 11.8m) with various metal storage racking and work station.
Reception area with kitchenette (3.8m x 5.2m) table, settee, sink with drainer, under counter fridge (Russell Hobbs), wall cabinet, and storage cupboard.

First Floor
Office (3.2m x 5.8m) with settee, 3 chairs an 2 desks.
W/C with wash basin and wall mounted mirror.

External
Parking for numerous company vehicles to include 2 x VW long wheel based crafters Pickup truck 2 x 18 ft trailers

Business Operation

Years established:
6 years

Other Information

Furniture / Fixtures value:
£270,000 - included in the asking price

Contact Veritas Business Sales

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