Sold

Prime Location Convenience Store and Sandwich Shop

Lancaster, Lancashire

£64,950

Ref: 2164

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Description

Hilton Smythe are delighted to introduce to the market, Glasson Dock Village Store, a well- established and profitable concern. Originally founded in 2003 and under the careful stewardship of our client since inception in 2013, and is now genuinely offered for sale as our client wishes to move abroad.

The principal business activities lie in the retail of convenience style goods including, newspapers and magazines, cigarettes, groceries, greetings cards and stationary, wines, beers and spirits, fruit and vegetables, frozen foods and ice cream.

In addition to the sale of convenience items the business serves hot and cold homemade sandwiches on a breakfast and lunch menu, in addition to hot and cold drinks and associated snacks.

The variety of products offered by the convenience store are very comprehensive, however we are advised that there may be some merit in diversifying into other ranges. In addition, the business may benefit from the addition of a national lottery terminal.

This store is certainly one of the finest we have inspected of recent times and we would recommend that early viewing is essential to fully appreciate the business and location.

Tenure

Leasehold

We are advised Leasehold.

The original lease is 10 years with 9 years remaining with a break clause at 3 years.
Rent is £5,700 PA.

Hours

Opening Hours:
Monday - Friday7.00am - 5.30pm
Saturday - 7.00am - 2.30pm
Sunday – 8.00am - 2.30pm

Winter Time:
Monday and Tuesday7.00am – 5.00pm
Wednesday 7.00am - 1.30pm
Thursday and Friday 7.00am – 5.00pm
Saturday 7.00am - 12.30pm
Sunday 8.00am - 1.30pm

Staff

The business is currently owner run and managed.

Financial Profile

The business reports turnover at circa £140,000.

Location

The business is ideally located in the village of Glasson Dock, a small village just south of the city centre of Lancaster and at the mouth of the river Lune.

The village of Glasson Dock is famed for its superb marina with stunning views and natural beauty. A haven for holiday makers, in particular the many sailors navigating the Lancaster Canal adjoining Glasson Dock. Approximately 5 miles south of the city centre of Lancaster and with strong transport links via the M6 motorway, Lancaster Train Station and a regular bus service to surrounding towns, the business occupies a prime trading location.

The business is located amongst a handful of other complimentary businesses including an adjacent cafe, ensuring footfall is continuously high.

Premises

The business is ideally located in the village of Glasson Dock, a small village just south of the city centre of Lancaster and at the mouth of the river Lune.

The village of Glasson Dock is famed for its superb marina with stunning views and natural beauty. A haven for holiday makers, in particular the many sailors navigating the Lancaster Canal adjoining Glasson Dock. Approximately 5 miles south of the city centre of Lancaster and with strong transport links via the M6 motorway, Lancaster Train Station and a regular bus service to surrounding towns, the business occupies a prime trading location.

The business is located amongst a handful of other complimentary businesses including an adjacent cafe, ensuring footfall is continuously high.

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