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Harbour Inn Commercial Rd 350 sq ft of Assignment Available in Porthleven TR13 9JB
ASSIGNMENT HIGHLIGHTS
- Heavy daytime foot traffic
- Prominent position
- Close to nearby amenities
ALL AVAILABLE SPACE(1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- USE
- CONDITION
- AVAILABLE
Leasehold. A two year full repairing and insuring lease from 29 September 2024 with a current rent of £12,500. We are advised that the landlord will provide written confirmation that a new lease will granted at the end of the term. Our client, now wishing to sell for semi-retirement planning, trades the retail business with a number of part time staff and is mainly staff run. The business produced a turnover of circa £128,000 for year ending 5 April 2024, producing a gross profit of 60% and an average adjusted net profit approaching £40,000 before depreciation, motor expenses, finance costs and a £10,000 adjustment for the business being staff run.
- Use Class: E
- Located in-line with other retail
- Security System
- Smoke Detector
- Lots of natural light
- Assignment space available from current tenant
- Central Air Conditioning
- Secure Storage
- Harbour views
- Large shopfront windows
| Space | Size | Term | Rate | Space Use | Condition | Available |
| Ground | 350 sq ft | Sep 2026 | £35.71 /sq ft pa £2.98 /sq ft pcm £12,500 pa £1,042 pcm | Retail | - | Now |
Ground
| Size |
| 350 sq ft |
| Term |
| Sep 2026 |
| Rate |
| £35.71 /sq ft pa £2.98 /sq ft pcm £12,500 pa £1,042 pcm |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| Now |
Ground
| Size | 350 sq ft |
| Term | Sep 2026 |
| Rate | £12,500 pa |
| Space Use | Retail |
| Condition | - |
| Available | Now |
Leasehold. A two year full repairing and insuring lease from 29 September 2024 with a current rent of £12,500. We are advised that the landlord will provide written confirmation that a new lease will granted at the end of the term. Our client, now wishing to sell for semi-retirement planning, trades the retail business with a number of part time staff and is mainly staff run. The business produced a turnover of circa £128,000 for year ending 5 April 2024, producing a gross profit of 60% and an average adjusted net profit approaching £40,000 before depreciation, motor expenses, finance costs and a £10,000 adjustment for the business being staff run.
- Use Class: E
- Assignment space available from current tenant
- Located in-line with other retail
- Central Air Conditioning
- Security System
- Secure Storage
- Smoke Detector
- Harbour views
- Lots of natural light
- Large shopfront windows
ABOUT THE PROPERTY
Porthleven is on the South West Coast Path and in addition to the beautiful harbour, the village offers a popular beach, range of gift shops, galleries and a number of highly acclaimed restaurants which attract visitors throughout the year.
PROPERTY FACTS
| Total Space Available | 350 sq ft | Property Size | 9,920 sq ft |
| Property Type | Hospitality | Year Built/Renovated | 1784/2023 |
| Property Subtype | Hotel |
| Total Space Available | 350 sq ft |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Property Size | 9,920 sq ft |
| Year Built/Renovated | 1784/2023 |
FEATURES AND AMENITIES
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wi-Fi
- Smoke-Free
Presented by
Harbour Inn | Commercial Rd
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