Castlegate, Cards & Party Accessories Business, CLITHEROE Commercial Property For Sale

Oiro £55,000

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Monthly repayments £0
Total cost of mortgage £0
LTV 85%
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  • Prominent position in the town centre.
  • Long established profitable business.
  • Well stocked.
  • Property on rent

Property Description

Duffin's Estate Agents are pleased to welcome to the market this long established business. The business has been run by the current owner for just over 8 years. This shop stocks a large range of greetings cards, foil balloons, balloon decoration and partyware and caters for all occasions. The business has excellent growth potential and can be grown further by increasing the social media presence and adding a website. The business offers an exciting opportunity for either an established owner looking for an additional site or for an individual or partnership looking to take on a busy and established party accessories shop. The shop benefits from being on the main access road into Clitheroe with busy passing trade and has no direct competition offering the same retail goods. The business generates a very healthy profit margin. This is a very lucrative and attractive business opportunity.

Ground Floor -
Double Fronted Shop Property; 10.58m x 5.78m, at widest point, fully equipped and stocked.

Basement -
Room 1; 5.02m x 3.28m.
Room 2; 3.83m x 2.68m.
Room 3; 4.53m x 3.12m.
Room 4; Meter cupboard and bin store.
Prep Room; 2.38m x 1.43m.

Staff; 3 staff, and Saturday girl.

Services; All mains services are connected.

Rateable Value; ?12,750 in the current ratings list.

Tenure; Leasehold. 6 year lease from April 2015. 3 years
remaining. Currently paying ?12,289 p.a.

Price; ?55,000 to include all stock. (Inc Lease, Goodwill,
Fixtures & Fittings).

Costs & Charges; The successful buyer will have to be approved by the
landlord to take over the lease. Referencing will be
undertaken for which there will be a charge and the
buyer will also be responsible for paying the
landlords legal costs in relation to the transfer of the
lease. Exact details will be provided when the sale
has been negotiated.

PRICE: ?55,000 (Includes All stock)

Contact the agent

Property Reference: BNC1000192

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Fee Information

The advertised rental figure does not include fees.