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Property

Property
155
Added > 14 days

Features and description

  • A gem of a business
  • Extremely Well Known
  • Highly Visible Property
  • Prime Location
  • Loyal Following
  • Range Of External Seating
FOR SALE - 'A GEM OF A BUSINESS'. Extremely well known and highly visible Property & Business being sold as a going concern, in a prime location overlooking The Bay, adjacent Morecambe Golf Club and car park on Marine Road. A fabulous all year round Go To Food Business with an established loyal following serving hot and cold food, ice creams, hot and cold drinks. Hours to suit depending on the time of the year. Range of external seating. Substantial turnover and even further potential. Genuine retirement sale. Early viewing essential. DO NOT MISS THIS OPPORTUNITY.

Location - Excellent Trading Location fronting the Promenade and the Bay, adjacent to Morecambe Golf Club, directly accessed off Marine Road East.

Situated between Bare and Hest Bank near Happy Mount Park. Highly visible location.

Description - Extremely well known Property & Business being sold as a going concern, in a prime location overlooking The Bay.

A fully equipped detached building known as Bay View Cabin with exterior space for a good range of outside seating.

Adjacent Morecambe Golf Club and car park on Marine Road. An all year round Go To Food Business serving hot and cold food, ice creams, hot and cold drinks.

Accommodation -

The Cabin - 5.41m x 2.67m (17'9" x 8'9") - Fully equipped commercial building used for preparing hot and cold food, hot and cold drinks and sale of ice creams.

Double drainer stainless steel sink unit, work space, hob, deep fat fryer and other equipment including extractor. Range of appliances include freezers and fridges for ice creams, bottles and storage.

Toilet.

Exterior - Good outside space with several picnic tables providing ample seating.

Services - Mains water, electricity and drainage connected.

Rateable Value - £6,300.

Business - Accounts show substantial turnover for the financial year ending 31st July 2021 of £168,864 delivering a significant net profit of £84,493. Apparently these figures have been extracted from full accounts which have been submitted to HMRC. The business is Vat registered and the above figures are exclusive of Vat.

Due to other work commitments the business is run totally by employees. The cost of the employees' wages have not been included in these figures as staffing levels will depend on personal circumstances of any prospective purchaser and their personal input to the business.

No allowance has been made either for finance and depreciation charges or motor expenses.

Viewing Arrangements - Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please [use Contact Agent Button] to arrange or [use Contact Agent Button]

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About this agent

Mighty House Estates - Lancaster
Mighty House Estates - Lancaster
53a Market Street Lancaster, Lancashire LA1 1JG
015242 32847
Full profileProperty listings
Mighty House is owned and run by Chartered Surveyors who are passionate about property and customer service. We are multiple property Landlords, property investors and developers ourselves and bring an exceptional range of skills and experience to the business. As a result we offer a range of services and customer service that we would want to receive ourselves.
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