| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 6,470 TIME(S) BUSINESS REFERENCE : 10082 / RightBiz LEASEHOLD UNISEX FASHION STORE FOR SALE IN BEDFORDSHIRE | | | | | | Unisex Fashion Store Bedfordshire T/O: £72,000 GP: 50% Well established business. Enviable reputation. Prominent trading position. Well equipped and well appointed premises. Excellent opportunity. Ref: 10082 | | | BUSINESS LOCATION: | Undisclosed Bedfordshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Cloths & Fabric Shops | | SALE: | Agent Sale | LEASEHOLD: | £20,000 + SAV | ANNUAL RENT: | £8250 | | | | | | | | | | | BUSINESS DETAILS: | Location
This unisex fashion store occupies a highly visable trading position on a main road through a busy town in Bedfordshire. The business is located just 1 mile from the A1 motorway and 15 minutes' from the M1 motorway. It is surounded by a variety of complementary shops, businesses, banks and supermarkets, all of which generate high levels of footfall. Biggleswade is a thriving, busy town which enjoys good housing schools and liesure facilities, making it a desirable place in which to live and work, particularly for young families.
Business History
Bag A Business is delighted to offer to the market this well regarded unisex fashion retailer in Bedfordshire. This well established business has been in the careful ownership of our client since 2005 and is only now being placed on the market due to her desire to relocate. The business is managed by our client with the assistance of 1 part-time member of staff and two temps to cover holidays. The business prides itself on providing an up-to-date choice of fashion clothing and accessories, with many brand names, including Ichi, Chillipepper, Bench, Boxfresh, Antiq Denim and Freesoul. This tastefully decorated unit is arranged over one floor and comes fully equiped to enable the new purchaser the ability to walk in and continue trading. Our client has also set up a website, www.flifashion.co.uk with several links from local businesses, which is already showing great potential with average order values of £120. In addition the business benefits from proactive marketing through their 200 strong customer database. The business currently generates a turnover in the region of £1,384 per week with a gross profit of 50%. We feel this is an ideal opportunity to acquire a thriving and growing business in a prime location and as such early viewing is strongly recommended.
PROPERTY DETAILS
Traditional mid terrace, ground floor retail unit, briefly comprising:
GROUND FLOOR
Carpeted sales area
Wall mounted clothing rails to both sides
Central garment hanging rails
The shop is lit by spotlight
Sales desk with telephone, credit and debit card facilities and cash register
3 changing rooms
Storage area and staff W/C
OPENING HOURS
Mon: 10.00am - 5.00pm
Tue - Sat: 9.30am - 5.30pm
FINANCIAL DETAILS
W/T: £1,384 approx
GP: 50%
TENURE
Leasehold
Original length: 10 years
Remaining length: 2 years
Review every: 3 years
Rent: £8,250 per annum | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10082 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |