* Established Business
* Freehold
* Prominent Town Centre Location
* Self Contained Four Bedroom Accommodation Above
Freehold Gift Shop Located In East Looe
Self Contained Four Bedroom Flat Above
Ref 2636
Location
This very well established Gift Shop is located in the highly desirable
harbour town and fishing port of East Looe in South East Cornwall. Its
situated within a prominent and highly visible trading location which brings
high levels of footfall to the area and enjoys stunning views across the
estuary. The town manages to be trendy and yet remains a great family resort
with many restaurants and shops to visit all year round. Looe is 20 miles west
of Plymouth and seven miles south of Liskeard, divided in two by the River
Looe, East Looe and West Looe being connected by a bridge.
Freehold Asking Price: £549, 950 plus sav (£20, 000)
Business Description
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.
Opening Hours
Monday - Sunday - 9: 30am - 6: 00pm
Ground Floor
Retail shop area 1 (9. 6m x 3. 1m) with various shelving, various retail display
stands, glass display cabinet and central sales counter.
Retail shop area 2 (5. 7m x 3. 8m) with various retail display stands and
various shelving units.
Retail shop area 3 (7. 5m x 3. 5m) with various retail display stand and various
retail shelving.
Storage room (1. 0m x 2. 5m) with various shelving.
Accommodation
First Floor
Lounge (4. 4m x 3. 5m)
Kitchen (2. 2m x 3. 5m) with fully fitted kitchen, cooker, dishwasher, fridge
and washing machine
Bathroom (1. 5m x 4. 0m) with wash basin, bath/shower and w/c
Dining Room (2. 9m x 4. 9m)
Bedroom 1 (4. 0m x 4. 2m) double
Bedroom 2 (2. 1m x 3. 6m) single
Bathroom 2 with shower, wash basin and w/c
Second Floor
Bedroom 3 (3. 3m x 3. 4m) double
Bedroom 4 (4. 1m x 2. 5m) double
Ample Attic Storage
External
Storeroom (5. 2m x 4. 2m) with various shelving.
**W/C
**
EPC Rating B

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