Property description

A long established discount retail business located on one of the Fylde Coast's highly regarded trading roads. The business provides both locals and visitors with a wide range of leading Brand and non-Branded goods at a discounted rate. Historically this has proved very successful and popular during difficult economic cycles. Run entirely by staff, there is huge scope to increase profits with greater owner participation. As an aside; An informal arrangement currently exists whereby a portion of the shop premises are let to a tenant at £50 p/w meaning the annual rent payable can be reduced. This arrangement can be formalized or discontinued at the purchasers request

Property Reference 0BC3417

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Ground Floor

Trading Forecourt leading to MAIN SHOP appx 700 sq ft with carpeted flooring and fluorescent lighting. Arranged with a selection of walk around and fixed wall isles/shelving providing a mini-market feel

Rear Storage
Office: 135 sq ft

Business
Mon - Sat - 09:00 ----- 17:00 - We are informed present T/O is in the region of £2,500 to £3,000 per week



Tenure

Leasehold at £7,500 per annum - Balance of a 15 Yr lease from 2012 - Tenant break available at Yr 3 - A sub tenant currently pays £50 per week for a portion of the shop premises - this arrangement can be formalised or ceased depending upon purchasers wishes

Viewing
Strictly via an appointment through Kenricks

Property Features :

• Established Retail Discount Store
• Busy Trading Location
• Near the Promenade
• Forecourt Trading