FOR SALE – Property & Business, Marine Road East, Morecambe
Bay View Cabin Marine Road East, Morecambe, Lancashire
OIRO £ 295,000
Category: Business as Going Concern
Property Overview
Contact Me
Location
Excellent Trading Location fronting the Promenade and the Bay, adjacent to Morecambe Golf Club, directly accessed off Marine Road East.
Situated between Bare and Hest Bank near Happy Mount Park. Highly visible location.
Description
Extremely well known Property & Business being sold as a going concern, in a prime location overlooking The Bay.
A fully equipped detached building known as Bay View Cabin with exterior space for a good range of outside seating.
Adjacent Morecambe Golf Club and car park on Marine Road. An all year round Go To Food Business serving hot and cold food, ice creams, hot and cold drinks.
Accommodation
The Cabin
5.41m x 2.67m (17’9″ x 8’9″)
Fully equipped commercial building used for preparing hot and cold food, hot and cold drinks and sale of ice creams.
Double drainer stainless steel sink unit, work space, hob, deep fat fryer and other equipment including extractor. Range of appliances include freezers and fridges for ice creams, bottles and storage.
Toilet.
Exterior
Good outside space with several picnic tables providing ample seating.
Services
Mains water, electricity and drainage connected.
Rateable Value
£6,300.
Business
Accounts show substantial turnover for the financial year ending 31st July 2021 of £168,864 delivering a significant net profit of £84,493. Apparently these figures have been extracted from full accounts which have been submitted to HMRC. The business is Vat registered and the above figures are exclusive of Vat.
Due to other work commitments the business is run totally by employees. The cost of the employees’ wages have not been included in these figures as staffing levels will depend on personal circumstances of any prospective purchaser and their personal input to the business.
No allowance has been made either for finance and depreciation charges or motor expenses.
Viewing Arrangements
Strictly by appointment with Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please call 01524 69922 to arrange or email: info@fwcommercial.co.uk
