The Crescent, Lytham St Annes, FY8 3 Bedroom Newsagents Retail Freehold For Sale

£224,950

  • 3 Bedrooms

Property Reference: 0RF836K

Contact the agent
  • 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 and Garage
  • Viewing Recommended

Property 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

  • Private 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. The Business is no longer run to it's full potential due to impending retirement and Vendors no longer selling newspapers but this could easily be reinstated by the 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.

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Fee Information

The advertised rental figure does not include fees.