1 bedroom commercial property for sale

Guildhall Street, Preston, Lancashire, PR1

Guide Price £8,500

Property Description

Commercial information

  • Business for sale

Key features

  • Lucrative city centre sushi bar
  • Weekly takings 1,350, limited hours, hands on tuition offered to a new buyer(s)
  • Prominent trading position, potential "A5" usage - Excellent growth potential
  • Refurbished to high standard, self contained living accommodation, owner retiring

Full description

Tenure: Leasehold

Description
This is a rare opportunity to purchase a lucrative sushi bar which is located in the bustling city centre of Preston. Sushi Salad Noodle Bar occupies a prominent trading position in the city amongst a number of office and professional premises with the city's bars, pubs and the main retail district in the adjacent vicinity. The area is subsequently a hive of activity with regular footfall from the large number of office workers, shoppers, shop workers and students who frequent the locality on a daily basis.

Since trading commenced in 2013, the business has quickly established an excellent reputation for offering the finest cuisine with a warm, friendly service and therefore boasts an extensive and expanding customer base.

Sushi Salad Noodle Bar is a successful and lucrative business yet operates on limited opening times just 6 days per week. We have been advised the business has been granted permission to open as a takeaway/cafeteria 7 days a week 10am - 10pm. The business would therefore ideally suit an ambitious and energetic purchaser who can significantly extend the opening times whilst also actively promoting and marketing the business towards the professional community for lunches, functions etc. This will undoubtedly increase the weekly sales whilst ultimately enhancing overall profitability.

Sushi Salad Noodle Bar is only now being offered for sale due to retirement and viewing is highly recommended to avoid disappointment.

Weekly Sales
Currently shop sales average 1,100 approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday - Saturday 10:30 - 16:00

Staff
Managed by the owners with 2 part time staff.

Property
The highly visible single fronted premises offer an excellent blend of lock up business and self contained living accommodation.

Trading Areas
The welcoming sales area is bright and airy with seating for 8 people. There is an open plan preparation / serving area with a well equipped kitchen, store and toilet located in the basement.

Residential Accommodation
This part of the property has not been inspected but we are advised by the owner that it comprises an open plan living room / bedroom, fitted kitchen and a bathroom. The accommodation is currently sub let for 350 per calendar month.

Tenure
We are advised that the property is held on a 3 year lease which commenced in 2013. The annual rent is 8,000 exclusive (correct as advised on 22/04/14). Rent reviews are at 3 yearly intervals. We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a first class business opportunity which is only now being offered for sale due to retirement. Viewing is recommended.

More information from this agent

Nearest stations

  • Preston (0.3 mi)
  • Lostock Hall (2.4 mi)
  • Bamber Bridge (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Preston (0.3 mi)
  • Lostock Hall (2.4 mi)
  • Bamber Bridge (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 42611. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Kings. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.