Newsagents for sale in Lytham Saint Annes

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Newsagents & 2 Apartments

Lytham Saint Annes, Lancashire, England

  • Freehold Price: £224,950
Seller Reference: 0RF836K
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 0RF836K
Request Details
Business Description
* Newsagents & Accommodation
* St Annes On Sea
* Busy All Year Round Trading Location
* Substantial 5 Storey Building
* Retirement Sale
* Established Business
* Tremendous Potential to Increase Trade
* Priced to Sell
* Car Parking
* Viewing Recommended

DESCRIPTION: Kenricks are pleased to offer this
well known and popular Newsagents and Craft
Shop for sale.

This substantial 5 storey property is situated in the
busy all year round trading location of the Crescent
in the popular Sea-Side Town of St Annes on Sea
in Lancashire.

The Shop has been in the ownership of our instructed
clients since 1978 and is being sold due to their
impending retirement. The business sells sweets,
stationery, toys and has an arts and crafts section
to the rear of the shop.

Our clients impending retirement has meant
that they have ceased selling newspapers but this
could easily be reinstated by new owners.

Ground Floor
Main Shop (approx 466sq ft)
Fitted Shelving, refrigerated display cabinet and
servery counter.
Rear Arts & Crafts Shop (approx 201sq ft) with fitted
shelving and display stands.

Lower Ground Floor
Storeroom Area (approx 547sq ft).
Storeroom (approx 206sq ft) with toilet.
Anxillary Storage Space (approx 95sq ft).

Basement
Warehouse Area (approx 605sq ft).
Garage.

Separate Entrance leading to:
First Floor Accommodation
Fabulous Open Plan Lounge/Dining Area
(approx 335sq ft) with feature fireplace.
Fitted Kitchen/Diner with wall and base units.
Master Bedroom (approx 137sq ft).
Shower and Toilet with tiled walls.

Second Floor
Lounge (approx 250sq ft).
Fitted Kitchen (approx 68sq ft) with wall
and base units.
Master Bedroom (approx 176sq ft).
Bedroom (approx 109sq ft).
Bathroom comprising three piece suite with shower over bath.

EXTERIOR: Car park to the rear providing car parking for 6 motor vehicles.

AGENTS NOTES: The property is centrally heated and has double glazing.

RATES: Rateable Value £5,900 taken from the VOA Website February 2017.

BUSINESS: Trading accounts for the year end 4th February 2016 show a turnover of £103,331. Business no longer run to full potential due to impending retirement and Vendors no longer selling newspapers but this could be reinstated by new owners.

HOURS: Monday to Friday 10am to 4pm. Saturday 10am to 2pm.

TENURE: Virtual Freehold – 999yr Lease - £15 per annum peppercorn rent.

VIEWING: By appointment through Kenricks.
Tenure:
Freehold
Listed by:
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