Mansion House
Princes Street
Truro, Cornwall
TR1 2RF
miller-commercial.co.uk
01872 247000
B34869
LITTLE YELLOW HOUSE, 70 LOWER MARKET STREET, PENRYN TR10 8BH
 DELIGHTFUL GIFT SHOP & TEA ROOM
 LOCATED IN AN ANCIENT CORNISH COASTAL TOWN
 PROMINENT TRADING POSITION WITHIN THE MAIN THOROUGHFARE
 WELL-PRESENTED RETAIL AREA
 SUCCESSFUL BUSINESS WITH GOOD TRADING FIGURES
LOCATION
The community of Penryn is situated at the head of the Penryn River, approximately 10 miles from
the City of Truro and within a short driving distance of the harbourside resort of Falmouth. In recent
years Penryn has benefited from the opening of the Combined University for Cornwall and its rapid
expansion.
THE PROPERTY
Little Yellow House occupies a prominent trading position within the centre of Penryn. The ground
floor retail sales area is attractively presented and benefits from two display windows overlooking
Market Street. On the lower ground floor there is a small storage area and staff cloakroom.
THE BUSINESS
Little Yellow House opened in 2006 and is currently enjoying its 4th year of trading. The shop
opens 6 days a week, 10am –5pm Monday to Friday and on Saturday 10am –4pm. Little Yellow
House offers a wonderful selection of quality gifts and a floristry department, in addition to which
teas, coffees and cakes are served. Sales for the year ending 5th April 2009 amounted to £68,591,
producing a gross profit for the year of £27,766 (40%) and a reconstituted net profit of £20,364.
Further accounting information will be made available subsequent to a viewing appointment, in the
normal manner.
THE ACCOMMODATION COMPRISES
(All areas and dimensions are approximate)
Gift Shop: 4.34m x 6.9. Glazed entrance
door and two display windows. Spotlighting,
display units and cabinets. Seating for 10.
Servery Area: 1.65m x 1.77. Cash register,
refrigerator, Blitz coffee machine, 1½ bowl
sink unit with storage cupboard under.
Store Room: 2.63m x 2.4. Shelving.
Customer Cloakroom: Wash hand basin,
wc.
TENURE:
Leasehold.
A new Lease to be offered for a term of 12
years, enjoying the Security of Tenure
provisions within the Landlord & Tenant Act
1954 and subject to 3-yearly Rent Review
dates at a commencing annual passing rental
of £7,750 exclusive.
GUIDE PRICE:
£23,950 plus SAV
GENERAL INFORMATION
INVENTORY: Detailed inventory of all fixtures
and fittings and equipment to be included within
the sale will be provided by Miller Commercial
prior to exchange of contracts.
STOCK: To be taken at valuation
BUSINESS RATES: We refer you to the
valuation office website www.voa.gov.uk or
alternatively Call 0300-1234-171
SERVICES: Prospective owners should make
their own enquiries of the appropriate statutory
undertakers:
Western Power:
South West Water:
Transco:
0845 601 2989
0800 169 1144
0800 111 999
VAT: All the above prices/rentals are quoted
exclusive of VAT, where applicable.
FINANCE FACILITIES:
If you require
further information, we are in touch with many
leading brokers and in the first instance, please
contact our office in Truro -telephone 01872
247036.
ENERGY PERFORMANCE CERTIFICATE:
We are in receipt of an EPC, which is available
upon request.
___________________
AGENTS NOTE: Miller Commercial for themselves and for the Vendor/s or lessor/s of this property give notice: [a] These
particulars are for an intending purchaser or tenant and although they are believed to be correct their accuracy is not
guaranteed and any error or misdescriptions shall not annul the sale or be grounds on which compensation may be claimed and
neither do they constitute any part of a Contract: [b] Any intending purchaser or tenant must satisfy him/herself by inspection or
other wise as to the correctness of each of the statements contained in these particulars; [c] No responsibility is taken for
expenses incurred should the property be sold, let or withdrawn before inspection: [d] None of the services or appliances,
plumbing, heating or electrical installations have been tested by the selling agent; [e] Any map extracts used on the details are
used to assist identification of the property only, and are not an indication of the actual surroundings, which may have been
changed since the map was printed.
VIEWING: Strictly by prior appointment through Miller Commercial, Mansion House, Princes Street, Truro, Cornwall TR1 2RF
Tel: 01872 247036 E-mail: all@miller-commercial.co.uk or our Website: www.miller-commercial.co.uk