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FOR SALE - Business As A Going Concern, New Street, Lancaster

Offers in Region of
£45,000

£33.99 per sq ft

Business rates & charges may apply

Fisher Wrathall Commercial, Lancaster
SIZE AVAILABLE

1,324 sq ft

123 sq m

SECTOR

Commercial property for sale

Key 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

Description

FOR SALE - Long established leasehold business for sale as a going concern due to retirement. Good sized, well appointed premises in recognised trading location within the city centre between Market Street and Church Street.

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.
Please call to arrange or email:

Brochures

FOR SALE - Business As A Going Concern, New Street, Lancaster

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lancaster Station0.2 miles
  • Bare Lane Station2.2 miles
  • Morecambe Station3.1 miles

About Fisher Wrathall Commercial, Lancaster

82 Penny Street, Lancaster, LA1 1XN

Fisher Wrathall Commercial Estate Agents

Raising the bar of commercial sales and lettings through the use of the latest marketing techniques and technology.

Lancaster?s longest established commercial estate agents and surveyors with over 130 years? experience. We provide a full range of services in commercial property across North Lancashire and South Cumbria, including Lancaster, Morecambe, Preston, Blackpool, Carnforth, Kendal and the surrounding areas. Our services include land

More properties from Fisher Wrathall Commercial, Lancaster

Notes

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Disclaimer - Property reference 32223088. 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 Fisher Wrathall Commercial, Lancaster. 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.

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