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BUSINESS REFERENCE : 1024 / RightBiz 1024: PROFITABLE CLOTHES, ACCESSORIES CONCERN TEWKESBURY GLOUCESTER | | | | | | Phoenix Business Agents are delighted to place onto the market this highly successful ladies clothes and accessorise business. Our clients who are a husband and wife team have owned the business since 2005 and now wish to concentrate on their other business interests. | | | BUSINESS LOCATION: | Tewkesbury Gloucestershire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Cloths & Fabric Shops | | SALE: | Agent Sale | LEASEHOLD: | £115000 | ANNUAL RENT: | £8000 | | | | | | | | | | | BUSINESS DETAILS: | Phoenix Business Agents are delighted to place onto the market this highly successful ladies clothes and accessorise business. Our clients who are a husband and wife team have owned the business since 2005 and now wish to concentrate on their other business interests.
The concern is operated with the aide of 2 staff, our clients managing the business but not serving behind the counter.
The business offers an intimate personal service and there is a high ratio (approximately 50%) of buying customers entering the shop.
Our clients offer unique products which are carefully chosen with high margins.
The turnover of the business is approximately £130,000 with a gross profit in excess of £75,000. The concern achieves a net profit of approximately £35,000 which is very impressive considering it is a fully staffed concern. This business could be made more profitable by an owner operator.
The business comes with excellent accommodation over two floors all at a very reasonable rent.
Our client would be available for a business familiarisation period if required.
This thriving and highly profitable business is situated on the main Church Street in Tewkesbury. Gloucestershire. It lies opposite the famous monastery and its splendid grounds, which attracts a huge tourist trade. It is part of a parade of independent retailers which is very popular in the area.
Tewkesbury itself is a historic town and offers an excellent lifestyle. In fact the premises are situated very close to the river and there is ample parking in the area.
Tewkesbury lies very close to Gloucester and Cheltenham and is just off the M5 motorway. A parking permit is available if required.
FINANCIAL DETAILS
Turnover: £128,949 per annum (Approx.)
Gross Profit: £75,000 per annum (Approx.)
Net Profit: £35,000 per annum(Approx)
OPENING HOURS:
Mon – Sat: 09.30am – 5.30pm
Sun: 10.30am – 4.30pm
PROPERTY DETAILS
This impressive character building which is over 300 years old consists of:
Ground Floor
Large glass fronted unit leading to main customer display area
Shop floor approx 25 x 13 ft
Original features
Display window
Accessories display area
Fully racked and shelved
Shoe display
To the rear
Clothes display with racking
Fitting Room
Separate entrance to stairs
First Floor
Lounge 15 x 12 ft (approx)
Bathroom
Kitchen
Second Floor
Bedroom
Landing
Shower room with toilet and sink
Large double bedroom 19 x 12 ft (approx) with sink, feature fireplace & telephone point.
External
Beautiful views across the Malvern hills
TENURE: Leasehold
ORIGINAL LENGTH: 05 years.
REMAINING: 2 ½ years.
RENT: £8,000per annum. | | | | | | FOR SALE | | | | | SELLER: | PHOENIX BUSINESS AGENTS | | CONTACT: | 0844 567 5016 | | REFERENCE: | 1024 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
