| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 2,685 TIME(S)
BUSINESS REFERENCE : 8817 S / RightBiz 8817 S-SHEFFIELD-£58,500-SHOE SHOP | | | | | | SHOE SHOP SHEFFIELD REF: 8817 S ASKING PRICE: LEASEHOLD: £58,500 + SAV | | | BUSINESS LOCATION: | Sheffield South Yorkshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Shoes Shops | | SALE: | Agent Sale | LEASEHOLD: | £58500 | | | | | | | | | | | BUSINESS DETAILS: | Advent Business Sales is delighted to offer
to the market this extremely upmarket and
well established ladies shoe and handbag
retail business, which has been trading
successfully for the last 9 years.
The current vendor has been in constant
ownership since she started the business, but
is reluctantly selling due to other business
reasons.
Our client has achieved an enviable
reputation for selling shoes, handbags and
hosiery made in France, Germany, Austria
and Italy as well as select items from the
UK.
A great deal of customers visits the shop
from word of mouth recommendation and
may do so several times a year.
The business does advertise in one local
quality magazine called Westside.
From time to time, a small selection of
complimentary items may be sold, for
example, through the summer months,
swimwear.
One part time employee together with the
owner staffs the business.
Stock at cost is approximately £50,000.
EXPANSION POTENTIAL
The accounts show this business is still
growing through its high standards and
excellent buying. This could be grown upon
with opening longer hours, website/internet
selling (there is an unused basement for
possible expansion).
The present owner goes abroad to buy,
another owner may do all their buying from
London via importers, to possibly save
money, it is up to the individual.
TRADING HOURS
Mon: closed
Tues – Sat: 11.00am – 4.30pm
Sun: closed
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £142,821
Gross Profit: 37%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
The property is a single fronted shop with
the entrance doorway to the right hand.
The shop itself is modern but warm and
appealing with extremely tasteful displays
on all walls, subtly lit with spot lighting.
The front window is large and uncluttered,
once more displaying merchandise to the very
highest of standards.
A seating area is provided in the centre of
the room and a small discreet counter and till
on the left towards the rear of the shop.
At the back of the shop is a curtained off
stock room all shelved out and also a
changing room.
Behind is a rear door to a communal yard
area.
There are separate lockable wc’s.
The premises are paved to the roadway.
TENURE: Leasehold
Original lease: 5 years, with a 2
year break clause
Remaining lease: 6 months
Review every: 5 years
Rent: £7,000 per annum
We are advised that the annual business
rates are currently: £3006.36
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office. | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 8817 S / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
