Old Forge Fossil Shop, Broad Street, Lyme Regis Image 1
Old Forge Fossil Shop, Broad Street, Lyme Regis Image 2
Old Forge Fossil Shop, Broad Street, Lyme Regis Image 3

Old Forge Fossil Shop, Broad Street, Lyme Regis

Guide price £250,000


A PROFITABLE RETAIL BUSINESS ESTABLISHED FOR 30 YEARS IN ONE OF LYME'S MOST PROMINENT TRADING LOCATIONS.
SUPERB SHOP PREMISES OFFERING APPROXIMATELY 113 M. SQ. (1200 SQ. FT.).
FOR SALE LEASEHOLD AS A GOING CONCERN.
STOCK AT VALUATION.

THE LEASE
The property is held on a full repairing and insuring lease which expires on the 30th September 2023. The Landlords have agreed to grant a new 10 year lease to the purchaser (purchaser pays the Landlords' legal fees). The current Tenants sublet the adjacent shop premises to 'Things I Like'. The sub-lease is non-renewable and expires in September 2023. A copy of the lease is available to seriously interested applicants.

THE BUSINESS
The business was established some 30 years ago retailing fossils, gems, minerals and jewellery and associated gifts. Over the years the Old Forge Fossil Shop has become almost part of the fabric of the town - a 'must visit' destination for thousands of visitors each year - it is attractively laid out and very child friendly. The business is very profitable with excellent goodwill and an all year round appeal. There are detailed accounts available for serious applicants.

Although taking advantage of Lyme's prominent place in the world of palaeontology (fossils to you and me) we are advised by the proprietors that no expertise on this subject is particularly required.

Please note: A synopsis of the leases, rents and also accounts information is available from the Agents to seriously interested applicants.

THE PREMISES
15 Broad Street occupies one of the best retailing sites in Lyme's premier shopping street. They offer one of the largest retailing spaces in the town extending to some 113 m. sq. (1200 sq. ft.), about 52' x 20' overall. In addition there are stores and an office at the rear.

LOCAL AUTHORITY
Dorset Council, South Walks House, South Walks Road, Dorchester DT1 1UZ
(01305 251010)

Rateable Value: £24,750

VIEWINGS
Strictly by appointment with the Vendors' Agents, Martin Diplock Estate Agents & Valuers, 36 Broad Street, Lyme Regis on 01297 445500.

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