Asking price: £20,000

Sales revenue: £75,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Preferred Commercial is delighted to offer for sale this popular lighting retail business that has been established since 1997 and has been in our client's hands since 2006. The business is only now being placed on the market due to ill health. The business is run very much at a pace to suit and trades on only 5 days opening. Currently the average weekly turnover is in the region of £1,500 achieving a gross profit of 40%. The shop trades in an ex Norweb store and is fitted to a very high standard with excellent window display areas. The business could be further enhanced with the introduction of a larger product range, offering an installation service as well as introducing Internet sales. The shop benefits from an exceptionally desirable trading location on a low rent and offers infinite scope for future development. Early discussions with Preferred Commercial must come highly recommended.

Trading hours: Mon - Tues: 10.00am - 5.00pm Wed: Closed Thurs - Sat: 10.00am - 5.00pm Sun: Closed

Property: Leasehold

Lease terms
Leasehold A new lease will be granted at a rental of £13,500 per annum Long leasehold available

Location
The Lighthouse is situated in a prominent location with a wide frontage at the edge of the town centre of Keswick, a picturesque setting within the heart of the Lake District and popular with tourists all year round. The business is surrounded by numerous other complementary shops and businesses. St Johns Street benefits from a high footfall with car parking nearby. Keswick is located to the north of Derwentwater and is easily accessible via the A66, which leads to the M6 motorway. Windermere, Penrith Kendal and Workington are all easily accessible.