Well Established Bridalwear & Mens Formal Hire Shop | | Undisclosed Lincolnshire | | Situated in a secondary location, close to the High Street, sought after Country Town, LINCOLNSHIRE | | ADVERT NUMBER : 66776
ADVERT IMPRESSIONS : 17,219 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Cloths & Fabric Shops | | SALE: | Agent Sale | LEASEHOLD: | £35000 | | | | | BUSINESS DETAILS: | Features : SPACIOUS GROUND FLOOR DOUBLE FRONTED BRIDAL SHOP plus SIDE WINDOWS, fully carpeted. Reception dressing table, chaise longue, freestanding single tables with drawers, ahll table with drawers and coffee table. Built-in wardrobes with mirrors to rear of fitting room area. Railing to 4 walls and within wardrobe.
Kitchen/office
Cloakroom with w.c. and wash hand basin
Small stock area
FIRST FLOOR comprises:
Large Lounge 19' 7 x 11' 8 fully carpeted and currently used for menswear section with built-in wardrobes to rear of fitting room area and railing on one wall of room.
Spacious kitchen/dining room 17' 1 x 11' 9
Cloakroom with w.c. and wash hand basin (it will be appreciated upon inspection that the cloakroom has space for a bath to be installed, if desired)
SECOND FLOOR
Office fully carpeted and including built-in cupboards and 3 large desks 13' x 10' approx. plus large open space previously 3 rooms (1) 10' x 7' 8 (2) 7' x 7' 3 (3) 11' x 13'
This large area is fully carpeted and ideal as workshop and has 2 lock stitch machines plus 1 overlocking machine.
In addition there are 2 storerooms (1) 13' x 10' 10 whilst the other is 10' 11 x 6'
We understand that the first and second floors have a total area of approximately 1,459 sq. ft.
It will be appreciated upon inspection that if the first and second floors are not required as commercial premises, it would have potential to be utilized as living accommodation. Previously prior to 2008 it was a self contained 4 bedroom flat on the two top floors.
Location : Situated in a secondary location, close to the High Street, sought after Country Town, LINCOLNSHIRE
Opening Hours : Operated 5 days per week - Tuesday - Saturday inclusive - 10 a.m. - 4.30 p.m.
CLOSED SUNDAY & MONDAY
Turnover : WE ARE INFORMED the turnover is in the region of £100,000 p.a. in our opinion offering further potential to increase in the right hands. Gross profit 50% approx.
Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease expiring in September, 2012 at a rental of £15,000 p.a. exclusive of rates.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE ESTABLISHED IN 2006 AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : At present operated by 2 partners and no staff are employed. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
