**Retail confectionery business**
• Established retail business in prime location
• Shop and ancillary upper floor accommodation
• Pedestrianised square in busy Lake District town
• Turnover circa £143, 000
• Lease to 2035
Overview
Sweet Temptations is a retail confectionery shop situated on the busy
pedestrianised market square in the centre of the popular Lake District
tourist town of Keswick.
Business Summary
The business is long established and acquired by the current owner in 2020,
who is now seeking to retire. It stocks a full range of confectionery sweets
including local products and ice cream and is very popular with tourists.
Trading hours are flexible, but the proprietor currently opens 7 days a week
and has two part time employees. Takings in the year to 5 April 2023 were
£143, 192. Full accounts will be made available to bona fide applicants,
normally after viewing.
Location
Keswick is a busy tourist town, situated in the northern Lake District on the
shore of Derwentwater and surrounded by Lakeland Fells, with a population of
around 4, 200. Originally a quarrying and wool producing town, it had a pencil
factory until recently but the local economy is now based mainly on visitors.
It is 18 miles from the M6 at Penrith via the A66. Local facilities include a
secondary school, many independent shops, museums, eateries, pubs, parks, the
Theatre by the Lake, a cinema and Lake cruises. Major retailers in the town
include Mountain Warehouse, Blacks, Friars, Cotswold Outdoor, Peter Rabbit &
Friends, Booths, Lakes and Dales Co - operative and George Fisher.
Accommodation & Floor Areas
Floor Description Sqm Sqft
gf Shop 27. 7 298
ff Stockroom 16. 5 177
ff Stockroom 14. 6 157
**Ff WC - - **
Sf Stockroom 14. 6 157
Total
The shop has parking spaces for two cars at the rear.
All references to areas and dimensions are deemed to be approximate.
Services
We are advised that mains water, electricity and drainage are connected to the
property. No warranty is given regarding the working order of any appliances
or services referred to in these particulars.
Tenure
The property is held on a 15 - year lease from 4 March 2020 at a current rent of
£17, 750 per annum with 5 - yearly rent reviews. The lease will be assigned to a
purchaser of the business, subject to landlord’s consent. An electronic copy
of the lease can be obtained from the agents.
Fixtures & Fittings
Included in the sale is an inventory of trade fixtures, fittings, equipment
and furnishings. Any items not included in these particulars or the inventory
are excluded. Stock will be valued separately and taken on completion.
Rates
Description in list: Shop & Premises
Rateable Value: £15, 750
The rate in the pound for 2023/24 is 49. 9p
The rateable value is not the rates payable and prospective tenants or
purchasers should make their own inquiries with respect to the rating
liability.
Energy Performance Certificate
Energy Rating: E.
A copy of the EPC is available on our website.
Vat & Stamp Duty
All reference to price, premium or rent are deemed to be exclusive of VAT
unless expressly stated otherwise. Stamp duty is liable at the prevailing
rates.
Finance
If you require financial assistance, we can refer you to a local professional
who can advise on sources of finance and prepare a business plan which most
lenders now require.
Legal Costs
The purchaser/ ingoing tenant will be expected to pay the landlord’s and
lessees reasonable legal costs in connection with the assignment of the lease.
Money Laundering Legislation
Estate Agents are obliged to obtain evidence of identity and proof of address
of buyers to comply with Anti - Money Laundering Legislation, prior to
acceptance of an offer.

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