High Visibility Leasehold Dress Boutique Specialising in Prom Dresses For Sale in Truro
Truro, Cornwall
- Status
FOR SALE
- Date Submitted:
19/02/24
- Advert ID
606946
- Reference
2964 / Rightbiz
- Call Agent:
- Leasehold: £29,950
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Leasehold Dress Boutique Located In Truro
Leasehold Dress Boutique Located In TruroProm Dresses & Smart Occasion Wear
Ref 2964
Location
This respected dress boutique is located in Truro town centre. Situated within a prominent and highly visible trading position close to the Cathedral and shoppers' car parks. Truro is the hub and capital of the county and an ever-expanding town with further expansion plans in both the east and west of the city. This small city is vibrant and enjoys many thousands of visiting tourists and boasts a string of blue chip retailers.
Leasehold Asking Price: £29,950 plus SAV (£10,000)
Business Description
Veritas Business Sales are delighted to offer for sale this very popular Dress Boutique which is located in Truro City centre. The business was established by our client 4 years ago and is now being offered for sale so that they can concentrate on other business interests.
Since ownership they have undertaken total refurbishment, along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The Dress Boutique is owner operated with the help of 2 part time members of staff and has an annual turnover of £84,794. They offer a unique shopping experience with two floors, deluxe fitting rooms and hundreds of dresses. They retail outfits for special occasions such as proms, parties, cruises, graduations and black tie events. Stockists of an exclusive range of stunning dresses and ball gowns with labels from (Angel Forever, Prom Frocks, Hermione, Gino Cerruti, Piamichi) to name but a few. They are approved stockists and come with exclusivity in Cornwall.
We believe that there is further potential to increase trade by extending the opening hours during the week and opening on Sundays and Mondays. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase a readymade business and as such early viewing is highly recommended.
Opening Hours
Tuesday – Friday – 10:00 – 16:00
Saturday – 09:30 – 17:00
Monday & Sunday – closed
Leasehold
New 5 year lease to be granted
Rent: £10,000 pa
Rates: zero
Ground Floor
Retail (8.9m x 4.4m) comprising: sales counter, till with cash draw, printer, various hanging rails, 7 mannequins, large wall standing mirror and chair.
Storeroom (1.0m x 3.0m) with various shelves.
Floor 1
Fitting room (7.9m x 4.7m) with 5 changing rooms with free standing large mirrors, 5 stools, 2 chairs, settee, 3 x free standing large mirrors and 2 x hanging rails.
Kitchen (2.1m x 2.5m) with sink, kitchen unit, kettle and electric radiator.
Loft storage space (13.0m x 5.0m).
EPC Rating C
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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