View Properties from Carigiet Cowen Chartered Surveyors

Ash Street, Helen's Chocolates Limited
Bowness on Windermere

For Sale — Other

Status: Under Offer

About this property:

*** BUSINESS FOR SALE �65,000 ***
*** HIGH FOOT FALL SALES ***
*** HIGH ONLINE SALES ***
*** LEASEHOLD TENURE***
*** PRIME LAKE DISTRICT LOCATION ***
*** LONG ESTABLISHED BUSINESS ***
*** NO VAT PAYABLE ***

THE BUSINESS
Helen�s Chocolates is a profitable and well established business that has now been trading from their prime location in the heart of Bowness for 36 years.

Helen�s Chocolates has developed its own brand in the sale of luxurious handmade chocolates, fudges, traditional sweets and an exclusive range of chocolate dragees.

The business has been trading successfully online and is growing rapidly due to a professionally designed website, incorporating excellent SEO optimisation. This has resulted with Helens Chocolates at the top of Google search engine for numerous key phrases. Consequently the online trade has been steadily growing without advertising.

The owners believe there is huge potential to expand the business. As well as having a high level of footfall due to the shop's prime location, Helen's Chocolates has benefited from both Lake District visitors as well as new online customers which has helped build a substantial data base for email marketing.

The current owners are looking to sell the business to an innovative entrepreneur who can drive this gem of a business forward. Build upon the opportunities the owners have already established in the chocolatier profession. To flourish and create new business ideas to take to the next level. Helens Chocolates is a profitable business with full audited trading accounts that can be made available to genuinely interested parties following a viewing.

SALE PRICE FOR BUSINESS
Offers in the region of �65,000 are invited for the leasehold interest, fixtures and fittings, trading name and goodwill attached. Stock to be sold at valuation�on the day of sale.

TERMS
In the event of a sale, the purchasers will be required to enter in to an assignment of the existing lease expiring 28th February 2029 at a passing rent of �16,500 per annum exclusive, or new lease subject to negotiation.

LEASE
The lease is subject to a rent review in March 2026 and benefits from tenant security of tenure with the lease being within sections 24-28 of the Landlord & Tenant Act 1954.

RATEABLE VALUE
The Valuation Office Agency website describes the property as Shop and Premises with a 2023 List Rateable Value of �13,750. The National Non-Domestic Rate in the � for the current 2023/2024 rate year is 49.9p. Qualifying rate payers may be able to claim small business rates relief, and other rate relief is also currently available. The rates liability being paid by the existing ratepayer for the 2023/2024 rate year is �690.58.