83a Clifton Street, Lytham, FY8 5ER

Leasehold Gift Shop business located in a prime location on the high street in the affluent seaside town of Lytham. The well established business sells a variety of household gifts and artificial flowers with a good local customer base plus benefiting from the large numbers of visitors to the Town. The vendor operates the adjoining Ladies Fashion business next door which is also for sale and can be purchased together for £100,000 + SAV. The vendor confirms the Landlord has indicated a new lease would be negotiated prior to purchase, current rent £21,000 per annum.

LOCATION
Clifton Street, Lytham which is the main high street with other users close by including Tesco Express, Boots, Sainsbury's Local and Costa Coffee.

GROUND FLOOR
Single fronted gift shop unit approx 3.3m x 13.7m;

FIRST FLOOR
Storage 4.2m x 3.7m + 1.5m x 8.6m;

EXTERIOR
Shared rear yard, shop wc, steel staircase gives access to storerooms.

BUSINESS
The gift shop has traded for over 30 years and has shown consistent turnover levels and strong net profits for an owner operator. Full figures will be made available to interested parties after viewing.

SERVICES
Electric and water services connected.

TENURE
Shop let on a 6 year lease from Dec 2018 with the current tenant holding over on the lease by agreement with the Landlord. The vendor confirms the Landlord has indicated a new lease would be negotiated prior to purchase, current rent £21,000 per annum.