| (REF: NW010254) Exceptional Sweet Shop - S. Lakes |
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| Seller Reference: |
NW010254 |
| B4S Reference: |
28620 |
| Asking Price: |
£50,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£129,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Cumbria, United Kingdom |
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LOCATION
Adams and Co. are delighted to offer for sale this delightful traditional sweet shop located in the picturesque market town of Kirkby Lonsdale, nestled between the Yorkshire Dales and Lake District National Parks. This area has inspired artists such as Constable and Turner, offers ancient Norman Churches, and is full of numerous 17th and 18th century buildings that now accommodate inns, restaurants and shops. The scenic beauty of the River Lune is worth a visit in its own right with one of the most interesting sights in the area including the medieval Devil's Bridge which spans the river in three ribbed arches, and is a scheduled ancient monument. Turner painted landscapes of the area - including the best known 'Ruskin's View'. People come from far and wide to shop in Kirkby Lonsdale with its host of arts, crafts and specialist shops to please the most discerning of shoppers. Kirkby Lonsdale also boasts of being a previous winner of the 'Britain in Bloom' competition. The town is located along the main A65 link road and is within 5 miles of J36 of the M6 motorway.
THE PROPERTY
The property is located in the Market Square of this historic town and has parking directly outside. The well presented, double-fronted building is full of traditional charm and the vendors have spared no expense on renovating the interior to compliment the property. The property provides spacious accommodation on the upper floors which briefly comprises; Ground floor entrance hall with stairs to first floor landing, lounge/dining room, kitchen with an excellent range wall and floor units together with integral appliances. There is a staircase leading to the second floor landing area with space for wardrobes, two double bedrooms, family bathroom and small office.
The shop comprises sales area, small stock room with rear door. Door to cellar. Free customer parking directly outside with pay and display parking also available in the square.
BUSINESS PREMISES
The ground floor premises approx. c270sq.ft. prominent frontage with attractive traditional fascia. The sales area has carpeted flooring, strip lighting and is well fitted to suit with a range of equipment including three large display cabinets, two drinks chillers, weighing scales, English Lakes ice cream fridge, cash till and shelving as fitted. There is an Ice Lolly fridge stored off site which is used in summer only. There is a door to the private staircase although this can be locked to make the premises lock up only.
REAR STORE
Doorway at rear of shop to a small store area with sink unit, worktop, plumbing for washing machine and shelving as fitted. Window and door to small rear yard. Door down to the cellar having power and light. Two chest freezers. Two rooms both having lower height ceilings.
BUSINESS
The business has been established here for 100yrs and shared its centenary year with Cadbury's chocolate. Cadbury's actually purchased an original artwork of the sweet shop which was painted by a local artist. Our clients have owned the business since 1994, and have crafted an excellent reputation which the business now enjoys. This is a traditional sweet shop selling a wide variety of sweets by the quarter (100g), loose tobacco, and a small range of childrens toys and gifts. Customers come from miles around to visit the shop, and tourists from all corners of the globe always return to the shop when visiting the area. The business is situated in a highly sought-after and visibly prominent position, with tremendous potential for new owners to build upon the existing trade. Our clients act as agents for a local dry cleaner for which they receive good commission. At present the business is not on the web, and we believe that there is still much untapped potential for the business to grow with the introduction of an e-commerce / mail order website. Net sales for the last financial year to the 31st August 2009 was £129,330, with a Gross Profit of £45,373 and modest expenses. Accounts will be made available to seriously interested parties following a formal viewing.
REASON FOR SALE
Genuine reason for sale after 16 successful years.
HOURS
The business is open 7 days a week throughout the year.
Monday to Saturday 9am to 5.30pm
Sunday 11am to 5pm
STAFF
Our client runs the business with the help of 1xP/T staff.
TWO BEDROOM APARTMENT
A most impressive two bedroom apartment situated on the upper two floors of this substantial Grade II listed building. Providing attractive and spacious accommodation overlooking the Market Square, with many improvements by our clients, and benefiting from a newly fitted kitchen, part double glazing, gas central heating and with attractive bright décor throughout. Accessed via passageway next to the shop with separate entrance. Entrance door to inner hallway with door to shop and staircase up to:
FIRST FLOOR LANDING
Spacious landing approx. 15'4" x 7' with sash window to rear.
KITCHEN
Newly fitted kitchen approx. 13'7" x 9'8" with a range of fitted wall and base units having complimentary tiling and work surfaces. 1 ½ bowl s/s sink. Bosch electric oven. Halogen hob under extraction hood. Integrated dishwasher, fridge and freezer. Laminate flooring. Sash window to rear. Radiator. Vaillant Combi Boiler. Space for kitchen table and chairs.
LOUNGE / DINING ROOM
Spacious room approx. 17'4" x 12'10" having gas fire in surround. Carpeted flooring. Two DG windows to front overlooking the market square. TV and telephone points. Double Radiator.
Staircase up to second floor.
SECOND FLOOR LANDING
Approx. 15'4" x 7' having space for wardrobes and sash window to rear.
BEDROOM ONE
Approx. 13' x 8'6". Double bedroom having carpeted flooring. TV cable. DG window to front. Radiator.
BEDROOM TWO
Approx. 9'11" x 8'9". Double bedroom having carpeted flooring. DG window to front. Radiator.
BATHROOM
Approx. 9'7" x 6'7" having 3-piece white bathroom suite including vanity unit. Shower over bathe. Laminate flooring. Part tiled walls. Radiator. Window to rear. Through bathroom is a door to:
OFFICE / POSSIBLE BEDROOM
Approx. 7'9" x 5' 7" used as an office and having fitted full height cupboard. Carpeted flooring.
EXTERNALLY
Path to side of property leading to entrance door at the side of the property. Enclosed rear yard.
TENURE
Advised Freehold. Lease for shop or shop and flat. Shop rent £7200pa. Shop and flat rent £12,600pa.
SERVICES
We understand from the vendor that all main services are connected to the property.
BUSINESS RATES and DOMESTIC COUNCIL TAX
Business rates payable are £1460pa. The domestic accommodation falls into Band C for council tax purposes. Council Tax payable is £1394.38pa.
FINANCE
Finance for this business is available through Adams and Co(Finance). Please call this office for more details. Please remember that all loans are subject to status and survey.
LEGAL FEES:
Vendors and Buyers each to meet their own legal costs.
Additional Services
When purchasing a business (particularly for the first time) there are many important issues to consider and organise. With over 50 years experience of the Business Transfer market we at Adams and Co are ideally placed to help purchasers. We are able to arrange competitive finance, insurance, and stock-takers, if required. Please telephone for further information.
THE PROPERTY MISDESCRIPTIONS ACT 1991
Adams and Co have not tested any apparatus, equipment, fixtures and fittings, or services and so cannot verify they are in working order or fit for the purpose. Buyers are advised to obtain verification from their Solicitor or Surveyor. Purchasers must satisfy themselves as to their actual condition prior to purchase. References to the Tenure of a Property are based on information supplied to Adams and Co by the vendor. Adams and Co have not had sight of the title documents. Buyers are advised to obtain verification from their solicitor. All measurements are approximate and intended for general guidance only and should therefore be considered to be 'nominal'.
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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