| | | LADIES SHOES & ACCESSORIES SHOP | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 8,952 TIME(S)
BUSINESS REFERENCE : 1952 / RightBiz | | | | | | LADIES SHOES & ACCESSORIES SHOP - SHROPSHIRE Advised Turnover £130,000 pa with good profit returns Situated in a busy indoor central shopping centre | | | BUSINESS LOCATION: | Shrewsbury Shropshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Shoes Shops | | SALE: | Agent Sale | LEASEHOLD: | £29995 | | | | | | | | | | | BUSINESS DETAILS: | LADIES SHOES & ACCESSORIES SHOP - SHROPSHIRE
Advised Turnover £130,000 pa with good profit returns
Situated in a busy indoor central shopping centre
Very well presented and well appointed shop
Very well known and respected business
Solid trading history for over 25 years
Scope for further development
All fixtures & fittings included
LEASEHOLD
Location
The business is located in a very high footfall central indoor shopping centre in Shrewsbury, Shropshire. The business has an ideal trading location situated at the base of one of Shrewsbury's main retail shopping centres with a busy cafe and service escalators situated to the front of the shop.
The business also benefits from having a wide variety of neighbouring commercial businesses and retailers which bring a high amount of visitors and shoppers to the centre on a daily basis.
The shop sits on a main walkway which sees an enormous level of passing trade throughout the year. Shrewsbury is a very desirable business and residential area due to its many attractions and community services. The town which lies on the River Seven has over 660 historic listed buildings including several examples of timber framed buildings dating back to the 15th and 16th century.
Shrewsbury offers exceptional housing, good schools, NHS services, excellent shopping and beautiful open countryside. It lies less than 12 miles away from the M54 motorway which connects to the M6 motorway making visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this excellent ladies shoes and accessories shop which has a proud history dating back to 1983 when it was first established by our client and is only now placing it onto the market due to his strong desire for retirement. The business which is run and managed by our client achieves a very respectable advised annual turnover of £130,000 derived from selling a fine range of ladies casual and formal footwear coupled with accessories and handbags. The business has always enjoyed excellent levels of repeat trade with many of the customers visiting for several years. The shop also sees a healthy amount of new visitors from good word of mouth recommendations and from the highly visible trading location set in a very high footfall area. Our client has worked very hard to build up a good local reputation which has resulted in the business being very well known locally and many refer to the shop as the first place to visit for all ladies shoe requirements. The shop is very well presented and well appointed throughout and will not need any further modernising for the foreseeable future. Our client is also including all fixtures and fittings into the sale price which is a huge plus for a new owner as additional funds on shelving's and displays will not be needed. This is a very well presented shop situated in one of Shrewsbury's most desirable retail areas. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest and viewing of this charming ladies shoe shop.
Financial Profile
Turnover: £130,000pa
Gross profit: 43%
Stock approximately: £30,000
Tenure
Leasehold
Original length: 5 years
Remaining: 3 months
Rent: £22,000pa
Opening Hours
Monday to Saturday: 9:00am - 5:00pm
Sunday: Closed
Accommodation
Very well presented and well appointed shop comprising of 2 large front display windows, secure entrance, open plan retail space with sizable displays and product shelving with display islands, 2 x rear stock and storage rooms with small office area, drinks preparation space and wash basin all being well maintained and very secure. Briefly comprising:
Shopping centre location neighbouring escalators and busy cafe (very high footfall area) with front walkway giving additional footfall.
2 large front display windows (excellent product advertising and display space) and a secure front entrance leading to an open plan retail area comprising of:
2 large central free standing display islands, handbag free standing display, 2 large window and shop displays, wall fitted shelving unit for additional displays and payment area, 2 large rear shelving's for product display, customer seating/fitting area, wall mirrors, wall displays and footwear posters, rear private area, 2 x storage stock rooms with storage racking and shelving, small office area, drinks preparation area and a wash basin. | | | | | | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1952 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
