Summary - 10A, NEW BRIDGE STREET TR1 2AA
1 bed 1 bath Shop
Turnkey flooring business with strong local reputation and growth potential.
Prominent Truro city-centre trading position
A long-established domestic and contract flooring business in Truro city centre, occupying a prominent trading position close to the cathedral, theatre and shopper car parks. The sale includes fixtures and fittings bought outright by the vendor, two sales/showroom floors and a compact first-floor office and kitchenette — ready for an owner-operator or investor to step in without immediate capital expenditure.
Trading history is strong: over 40 years of goodwill, 100+ five-star Google reviews, turnover of £325,311 (year ending 30 June 2025) and a 36% gross profit margin. The business is owner-operated with one part-time staff member and a network of self-employed fitters; the vendor is offering a full handover to support continuity.
Practical costs and operational details are transparent: asking price £49,950 plus stock at valuation (circa £10,000), rent £10,500 pa, business rates listed as zero and EPC band C. There is also clear potential to grow revenue through stronger online marketing and broader digital sales channels.
Important drawback: the tenancy is short-term. A new five-year lease is to be granted but the limited term and lease length may make mortgage lending difficult or unavailable for some buyers. The premises are in an older granite building with assumed no wall insulation and electric storage heating, so buyers should budget for ongoing energy and fabric maintenance.
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