Old established LADIES' FASHION SHOP including costume and body jewellery, gifts, shoes, ladies' dresses etc.
No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register
for free to see full location details
WE ARE INFORMED the turnover is in the region of £250,000 p.a. (including approx. £50,000 p.a. in respect of the ladies' dress section). Gross profit 60% approx. In addition, as stated the Piercing Studio has only recently been established and we are informed the turnover is currently running at in the region of £400 p.w. offering tremendous potential for further improvement in the right hands.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£60,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLIICANT
Features
Air Conditioned.
CCTV system with 4 cameras, monitor plus recording
Ground Floor - ATTRACTIVE SINGLE FRONTED SALES SHOP 20ft x 20ft approx. with industrial non-slip floor, night storage heater. New adjustable shelving, display stands, counter, electronic cash register.
Small Stockroom. Air conditioning unit.
Stairs to Basement. 2 Air Conditioning units. The equipment includes 2 glass display counters, 3 upright illuminated display units, shelving, 2 electronic cash registers.
Kitchenette
Stockroom
From the ground floor there are stairs to the first floor comprising:
Second floor, recently established (approx. 2 months ago) Piercing Studio
Office
Stockroom
Staff w.c. and wash hand basin
Staff
The business is at present operated by a lady vendor with the assistance of 2 full time and 6 part time staff. Wages paid £700/£800 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Opening
Hours
Monday - Saturday inclusive - 10 a.m. - 6 p.m.
Sunday opening only from the middle of November until the middle of January from 11 a.m. - 5 p.m.
Tenure
We understand the premises are held on a secure renewable lease for a period of 15 years from 25th March, 2003 at a current rental of £19,750 p.a. exclusive of rates, due for rent review in March, 2008 and thereafter every 5 years.
Uniform Business Rates: £6,814 p.a.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED RETAIL BUSINESS IN THIS PRIME TRADING POSITION
