Leasehold Gift Shop is located in a prime location on the high street in the affluent seaside town of Lytham. The well-established business sells a variety of household gifts and artificial flowers, has a good local customer base, and benefits from the large numbers of visitors to the town. The vendor operates the adjoining Ladies Fashion business next door, which is also for sale and can be purchased together for £100,000 + SAV. The vendor confirms the landlord has indicated a new lease would be negotiated prior to purchase, with a with a current rent of £21,000 per annum.
- Asking Price:
- £35,000
- 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 £21,000 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.
