Attractive Ladies' Fashion Shop (mainly Separates) | | Undisclosed Gloucestershire | | Listed Building DOUBLE FRONTED SALES SHOP approx. 400 sq. ft. sales area with laminated strip floor, fluorescent lighting, display stands, shelving, counter, electronic cash register. Stockroom Staff cloakroom with w.c. and wash hand basin | | ADVERT NUMBER : 26277
ADVERT IMPRESSIONS : 21,025 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Cloths & Fabric Shops | | SALE: | Agent Sale | LEASEHOLD: | £32500 | | | | | BUSINESS DETAILS: | Location Situated in a parade, excellent trading position, GLOUCESTERSHIREOpening Hours Monday - Friday inclusive - 9.30 a.m. - 5 p.m.
Saturday opening - 9 a.m. - 5 p.m.
NO SUNDAY TRADINGTurnover WE ARE INFORMED the turnover averages £1,300 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx.Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £9,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (The owner is also quite prepared to grant a shorter lease, if desired).
Uniform Business Rates: £2,590 p.a.
RECOMMENDED FOR EARLY INSPECTIONPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £32,500 plus STOCK AT VALUATION (£10,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The vendors have a SELF CONTAINED FLAT over which is available as an optional extra on a shorthold tenancy or can be incorporated into the proposed lease for the shop premises at an additional rental of £4,740 p.a. exclusive of rates. The accommodation with FULL GAS FIRED CENTRAL HEATING comprises:
First Floor
Lounge 12ft 6 x 9ft 8
Fitted Kitchen
Bathroom with bath, shower over bath, w.c. and wash hand basin
Second Floor
Double BedroomStaff The business is at present operated by a lady vendor (1 day per week) with the assistance of 2 part time staff. It will be appreciated upon inspection that with a more active owner, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
