Gift Shops for sale in Morecambe

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Freehold Gift Shop Premises - Morecambe

Morecambe, Lancashire, England

  • Freehold Price: £395,000
Seller Reference: 7220
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Business Description
 
 
 
 
 
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Seller Reference: 7220
Request Details
Business Description
Fabulous Four Story Property With Period Features
Prominent Trading Location
Good Transport Links
Retirement Sale
Trading Name Can Be Made Available If Required
Potential For Accommodation
Would Make An Ideal Investment Property
Close To Eric Morecambe Statue
EPC - C
Blacks Brokers are pleased to bring to the market this freehold gift shop located in Morecambe, Lancashire.

INTRODUCTION

13 The Warehouse has been trading on Queen Street since 2010 when our client opened the business. The business is a fabric, cards and gift shop set over four floors, Set within the store is a thirty two cover coffee shop that operates from the basement of the building. Since opening the business it has generated a huge amount of goodwill and has built an enviable reputation within the local area.
13 The Warehouse has a strong social media presence with over 1500 Twitter followers and over 2800 Facebook likes.

LOCATION

Situated on Queen Street the building benefits from a heavy footfall in this busy location. The building is only half a mile from the nearest railway station and a mile and half away from the M6. The building is just off promenade close to Eric Morecambe Statue, Winter Garden, Midland Hotel and upcoming Eden project.

REASON FOR SALE

This opportunity has become available due to our client’s retirement plans therefore the building has been placed on the open market at this appealing price point.

LEASE

The building is available as a freehold and as such no lease is available.

STAFF

The business will cease trading upon completion and therefore no staff will be transferred with the sale.

FINANCIAL DETAILS

The business will have ceased trading upon competition so no trading figures are required.

BUSINESS RATES

The building has a rateable value of £9,000 per annum. There is additional service charge of £40 per month.

SUMMARY


This impressive building is at the heart of Morecambe close by local attractions with an impressive footfall. The building delivers an excellent first impression with convenient on street parking. The building would suit most types of businesses however if the new owner would like to continue to operate 13 The Warehouse as a going concern this would be a shrewd move as the business has over a decade of goodwill and an enviable reputation.
Tenure:
Freehold
Is accommodation included?:
BUILDING LAYOUT AND DESIGN
The premises is approximately 500 square meters set over four floors. It is a double fronted lock up shop with main door into ground floor shop. Inside main shop there is a jewellery room and toilet, haberdashery room, large converted stables as fabric room and large gift room with central staircase to first floor. Two stairways lead to basement which houses 32 cover coffee bar, paper craft room, rug room and many original features. On the first floor there is a large open workshop, toilet and doorway leading onto a flat roof. There is also a small office and a storage room. On the second floor there is a self contained flat, which is currently utilised for storage, but potentially has a bathroom, kitchen, lounge, and two double bedrooms. There is also a converted loft space.

Location Details:
Morecambe
Listed by:
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