Dance & Gymnastics Clothes Shop plus costume hire in Hertfordshire For Sale

Situated in a parade, excellent main road trading position, residential and commercial area, HERTFORDSHIRE

Turnover £ 1,800
Price £20,000

Features

Clothing & Accessory Business Specialising In Dance and Gymnastics Clothing, Shoes and Accessories, Fancy Dress Wear and Costume Hire

PARKING TO FRONT

DOUBLE FRONTED PREMISES in the region of 635 ft². Carpet tiled floor, suspended ceiling with LED light panels. Sales counter with touch screen till. CCTV (3 cameras), alarm.

Staging for product display, shelving, clothing rails and racking system.
2 changing rooms

Storeroom

Staff cloak room with toilet and sink. Kitchette, sink, fridge and cupboard.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,800 p.w. gross profit 65% approx. We are advised sales year ending October, 2022 showed £90,000 with a gross profit of £58,000

Staff

The business is at present operated by 4 partners with the assistance of 2 part time staff.

Trading Hours

TUESDAY - SATURDAY - 9.30 a.m. - 5.30 p.m.
No online sales

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE Council lease granted for 5 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £8,360 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.