Shop for saleDalton Square, Lancaster, LA1
- Business for sale
EXCEPTIONAL DEPARTMENT STORE
Well established and highly regarded business
Genuine reason for sale due to retirement
Well appointed and presented throughout
Situated in the bustling town of Lancaster
Advised annual turnover of £800,000
Ideal partnership opportunity
Scope for further development
Freehold option available
Many prestigious brands
This fabulous opportunity is located on one of the main through roads in the centre of Lancaster. The business is surrounded by complimentary shops and establishments. Lancaster is the county town of Lancashire and sits on the River Lune. It has population of 133,914 and encompasses several outlaying towns, including neighbouring Morecambe. Long existing as a commercial, educational and cultural centre Lancaster was granted city status in 1937. The M6 motorway passes to the east of Lancaster, with junctions 33 and 34 to the South and North. The A6 passes through the city leading to Preston, Chorley and Manchester and Northwards towards Kendal.
Meridian Business Sales are delighted to offer for sale this superb retail store which was established by our clients in 1963. Since the business was established they have invested time and money in the business and premises to the point where it is in full walk in condition. They have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively and in particular shows in the year on year increase in turnover and profitability. Our clients inform us that annual turnover currently runs at £800,000 which is derived from the sale of a range of goods such as lingerie, swimwear, cosmetics, fashion accessories, perfume, handbags and jewellery to name just a few. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a true lifestyle business in one of the most desirable areas in the UK and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.
Gross Profit: 50%
Stock Approximately: £250,000
Lease to be negotiated
Monday: 9:00am – 5:00pm
Tuesday: 9:00am – 5:30pm
Wednesday: 9:00am – 5:30pm
Thursday: 9:00am – 5:30pm
Friday: 9:00am – 5:30pm
Saturday: 9:00am – 5:00pm
Well presented glass fronted property, briefly comprising:
Secure entrance leading to
Open plan retail area
Free standing displays
Wall fixed displays
Serving/payment counter with cash register
Glass cabinet displaying jewellery
Cosmetic and fragrance displays
Many designer brands such as Clarins, Estee Lauder, Clinique, Lancome, Christian Dior, Guess, Radley, Fiorelli etc.
Access to cellar used as storage
Open plan area
Main high street with easy access to parking facilities
Map & Street View
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