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- LoopNet Team
Stock Ln
Ambleside LA22 9SL
The Old Coach House · Property To Rent
ASSIGNMENT HIGHLIGHTS
- The Chocolate Cottage occupies a prominent position on Stock Lane close to the town’s main car parking area next to the sports field.
- Current surveys from the Lake District National Park show that an average of 18.1 million tourists visit the Lake District each year.
- The building is highly visible from the road and benefits from a high volume of road traffic and pedestrians passing this area daily.
PROPERTY FACTS
| Property Type | Retail | Net Internal Area (NIA) | 684 sq ft |
| Property Subtype | Shopfront Retail / Residential | Year Built | 1900 |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Residential |
| Net Internal Area (NIA) | 684 sq ft |
| Year Built | 1900 |
ABOUT THE PROPERTY
*** RARE LEASEHOLD OPPORTUNITY *** *** VERY POPULAR LAKE DISTRICT LOCATION *** *** NO VAT PAYABLE *** *** 100% BUSINESS RATES RELIEF ATTAINABLE *** *** LONG LEASE WITH REGULAR TENANT FLEXIBILITY *** SALE PRICE: £65,000 GRASMERE CHOCOLATE COTTAGE The business was established over 10 years ago by the current owners and has always traded from this building. The owners have now had to close down the business due to health reasons and retirement but are looking to offer the opportunity as is. The Chocolate Cottage specialises in the sale of handmade chocolate and fudge. In addition, the business sold a variety of confectionary related products, snacks and soft drinks. Off the back of Covid-19, the turnover has increased steadily and for the latest accounting year turned over £195,000. This is an attractive opportunity to acquire a recently closed business at the heart of the Lake District, with generic E Use Class within the lease and potential to develop further. The owners have confirmed a handover period, training and full insight to the running of the business can be offered. SALE PRICE FOR BUSINESS Offers in the region of £65,000 are invited for the lease premium, stock, fixtures & fittings and goodwill. TERMS Available TO LET by way of a lease assignment or underletting on the following terms: • Lease Expiry - 16 September 2036 • Lease Breaks - 17 September 2027 and 17 September 2032 • Rent - £14,580 per annum exclusive Alternatively, a new lease to a purchaser may be considered and granted by the landlord, subject to terms. The property is located on the main road in the village close to the major car park serving the village ensuring high levels of footfall generating both regular local and passing trade. The property is well situated and could lend itself for a variety of different uses subject to obtaining the relevant planning permission.
- 24 Hour Access
- Storage Space
