Overview
Seller Ref: 011133
Description
Leasehold Ladies fashion business located in a prime location on the high street in the affluent seaside town of Lytham. The long established business has successfully traded for over 30 years and is only brought to the market due to bereavement. Strong trading accounts show consistent high net profits. The vendor also owns the adjoining gift shop that can also be purchased and operated as a combined business as it currently trades. £100,000 + stock at valuation for both businesses. The vendor confirms the Landlord has indicated a new lease would be negotiated prior to purchase, current rent £20,000 per annum.
Leasehold Terms:
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 £20,000 per annum.
Location Details:
Clifton Street, Lytham which is the main high street with other users close by including Tesco Express, Boots, Sainsbury's Local and Costa Coffee.
Is this business relocatable:
No
Is stock included:
NA
Business Documents
011133
Listed By:
