Summary - 15b Killigrew Street,FALMOUTH,TR11 3PN TR11 3PN
1 bed 1 bath Shop
Turnkey shop with fixtures included and clear growth potential.
Established 40-year business with strong local reputation
Established domestic and commercial flooring business occupying 809 sq ft in Falmouth town centre, positioned close to the marina and key retail amenities. The sale includes fixtures, fittings and equipment bought outright by the current owners, reducing initial capital outlay for a new purchaser. Turnover for the year ending 31 July 2025 was £368,931.88 (net of VAT), and the business operates with two full-time staff.
Commercial strengths include a prominent main-street retail frontage, longstanding local reputation, and zero business rates currently payable. There is clear potential to grow sales through a larger online presence and more proactive marketing, aspects the current owners have begun to address. The premises layout provides retail, office, multiple storerooms and workshop space suitable for continued trade and storage.
Material considerations: the business is leasehold with approximately 8½ years remaining on the original 10-year term and an annual rent of £17,500. Broadband is reported as very slow locally and the building has an EPC rating of E. The current owners are retiring, which creates an opportunity but also means buyer must be prepared to assume operational control. Asking price: £49,950 plus stock at valuation.
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