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Property
Property description & features
- FOR SALE - Long Established Business For Sale
- An ideal business for people with a sewing hobby
- Good Sized, Well Appointed Premises
- Double Fronted Lock-up Sales Shop
- great opportunity to take over and continue running a well known trading business
- CEPC - C
Relocated business from North Road into much more accessible premises with excellent stock display facilities and very good stock levels. Lifestyle business, well regarded with a far and wide customer base serviced by mail order.
An ideal business for people with a sewing hobby who would like to expand into running their own business. A great opportunity to take over and continue running a well known trading business.
Location - Lancaster is a busy University City and a principal town of North Lancashire. Within easy access of the M6 motorway from junction 33 and 34. Preston and Kendal are each approx. 20 miles away.
The premises are located in the heart of Lancaster City Centre fronting onto a pedestrian thoroughfare that links Church Street and Market Street, that is one of the City's major retail areas.
Many national and local retailers nearby.
Description - Double Fronted Lock-up Sales Shop with deep sales area, rear hallway, kitchen and toilets behind.
To the first floor Stock Rooms and sewing / mail order preparation area.
Accommodation -
Ground Floor -
Sales Shop - 13.097 x 4.757 (42'11" x 15'7") - Overall measurement including understairs storage, double fronted shopfront, good display facilities, LED lighting, electric storage heaters.
Rear Hallway - With staircase leading off.
Kitchen - 3.516 x 1.613 (11'6" x 5'3") - Stainless steel sink unit, fitted units, electric storage heater.
2 Toilets - Electric storage heater.
First Floor -
Landing - Open plan to Sewing Room/Stock Room.
Sewing Room / Stock Room - 4.783 x 3.794 (15'8" x 12'5") -
Office / Store Room - 3.793 x 2.457 (12'5" x 8'0") -
Services - Mains services connected.
Business Sale - Leasehold business sale subject to an existing lease, the residue of a 5 year lease from 2021.
The business is being offered for sale, inviting offers in the region of £45,000. In addition there will be Stock at Valuation.
Rent - Current rent passing £14,000 per calendar year.
Floor Area - Overall floor area some 1100 square feet or thereabouts.
Rateable Value - Currently £14,500. From April 2023 £14,500.
Vat - The premises are not elected for VAT.
Legal Costs - The ingoing tenant to be responsible for the landlords reasonable legal costs incurred in connection with the preparation of any new lease.
Viewing Arrangements - Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
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