Summary - 30 RIVER STREET TRURO TR1 2SJ
1 bed 1 bath Convenience Store
**Standout Features:**
- Established leasehold newsagents & off-licence in Truro city centre
- Excellent trading position near popular attractions and shops
- Good potential to increase revenue with extended hours
- Parking available for two vehicles
- Strong local reputation with a solid annual turnover of £416,000
- Financially equipped with modern fixtures and equipment included in the sale
- Proximity to diverse amenities and schools
**Potential Concerns:**
- Leasehold remaining is 4 years, which may complicate mortgage lending
- Current broadband speeds are slow, impacting digital transactions
Nestled in a prime trading position in Truro's city centre, this leasehold newsagents and off-licence presents an enticing opportunity for potential buyers. With a rich history of over 75 years, Tremletts Newsagents enjoys repeat business from both locals and tourists, posting impressive annual revenues of £416,000. The retail area is well-equipped with modern fittings and a diverse product range, including drinks, sweets, and payzone services.
The business is strategically placed near the theatre and other key attractions, ensuring a consistent stream of foot traffic. There’s also the potential to enhance revenue by extending operating hours. With off-street parking for two vehicles, it offers convenience to both customers and staff.
However, prospective buyers should note the remaining lease duration of just four years, which may pose financing challenges. Additionally, while the property is generally in good condition, the slow broadband speeds may affect operational efficiency. This established business is a stellar investment, brimming with growth potential—early viewing is highly recommended before this unique opportunity slips away!
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