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Reference M5528
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.
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