Leasehold ladies fashion business located in a prime location on the high street in the affluent seaside town of Lytham. The long-established business has successfully traded for over 30 years and was only brought to the market due to bereavement. Strong trading accounts show consistently high net profits. The vendor also owns the adjoining gift shop, which can also be purchased and operated as a combined business as it currently trades. £100,000 + stock at valuation for both businesses. The vendor confirms the landlord has indicated a new lease would be negotiated prior to purchase, with a with a current rent of £20,000 per annum.
- Asking Price:
- £75,000
- Turnover:
- Available on request
- Net Profit:
- Available on request
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
Shop let on a 6 year lease from Dec 2018 with the current tenant holding over on the lease by agreement with the Landlord. The vendor confirms the Landlord has indicated a new lease would be negotiated prior to purchase, current rent £20,000 per annum.
- Location:
-
Clifton Street, Lytham which is the main high street with other users close by including Tesco Express, Boots, Sainsbury's Local and Costa Coffee.
