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FOR SALE-The Lantern, Cafe and Bistro Bar, Tithebarn Hill, Lancaster

Property Price: £ 69,950
Property Status:
FOR SALE - Cafe and Bistro bar, excellent reputation with a five star hygiene rating. Recent ill health forces sale.
Busy village location with interior and exterior covers offering great further potential. Viewing essential.

Description
A fantastic opportunity has arisen to purchase this well established and popular business. Situated in the heart of Glasson Dock with an already impressive turnover there is potential for a new motivated owner to develop this business further. Currently only operating 5 days per week, with a waiting list for tables, extended opening hours would reduce the wait and generate more business. An outside terrace has been created to give further seating along with table seating for another 38 indoors.

Location
Positioned on a very prominent corner plot in the centre of Glasson Dock overlooking the Marina, Harbour and village Green.
The village is well populated and receives a high level of tourists, cyclists and walkers throughout the summer months. If travelling by road, the village is easily accessible with links to the M6 motorway. There is plenty of off street parking and buses into the village

Lease
Currently 3 years into a 7 year lease paying £161.00 per week. We understand the Landlord is open to negotiations on a new lease term, if desired.

VAT
TBC

Services
Mains drainage, electricity and water connected

Viewing Arrangements
Strictly by appointment with the SOLE AGENT, Fisher Wrathall Commercial, 82 Penny Street, Lancaster, LA1 1XN.
Please call 01524 69922 to arrange or email: [email protected]

Documents
Address: The Lantern Cafe + Bistro Tithebarn Hill
Area:
Postcode: LA2 0BY
Country: United Kingdom
Open In Google Maps
Property Id : 834947
Price: £ 69,950
Other Features
Cafe and Bistro Bar
Can be assignment of lease or new terms to be agreed
Excellent reputation, destination eaterie
Healthy accounts and turnover
Ill health forces sale
Prominent village location
Solid trading for over 40 yrs, increased turnover under current ownership
Travellers Choice award winners of 2020
Trip advisor rated at top 1% of eateries in Lancashire
Well presented terrace seating 38 + indoor seating for 38

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