Excellent Freehold Mens Clothing Business | | Kington Herefordshire | | EXCELLENT FREEHOLD MENS CLOTHING BUSINESS Advised annual turnover of £40,500 with good gross profit returns Located in the beautiful market town of Kington, Herefordshire Shop suitable for a wide range of products and services | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67121
ADVERT IMPRESSIONS : 4,365 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Cloths & Fabric Shops | | SALE: | Agent Sale | FREEHOLD: | £350,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT FREEHOLD MENS CLOTHING BUSINESS
Advised annual turnover of £40,500 with good gross profit returns
Located in the beautiful market town of Kington, Herefordshire
Shop suitable for a wide range of products and services
Additional self contained 2 storey 3 bedroom apartment
Sale price includes all general fixtures and fittings
Early interest and viewing is highly recommended
Superb large 6 bedroom family residential home
Genuine retirement reason for sale
Ideal lifestyle change opportunity
FREEHOLD
Location
This superb retail shop and luxury family home is located in the beautiful market town of Kington which is in Herefordshire. The property stands proud on the town’s main High Street which also acts as the areas main through road. The shop benefits massively from having a wide selection of neighbouring commercial style businesses and well known high street retailers which attract visitors to the location throughout the year. The business also benefits from being situated on the through road as there is a mass of commuters and motorists who pass by on a daily basis. Kington is a highly desirable residential and business location due to its beautiful open countryside, neighbouring picturesque villages and towns, excellent housing and historic attractions. The town is near the Wales/England border and is in the shadow of Hergest Ridge and sits on the River Arrow. Kington has long been famous for its panoramic views of beautiful open countryside and surrounding hills. The M5 motorway is approximately 35 minutes drive away so travelling through the UK is made easy.
Business History
Meridian Business Sales are pleased to offer for sale this excellent retail shop with luxury family home which has a proud history dating back to1969. Our client is only now placing the opportunity onto the market due to his strong desire for retirement. The business which is run and managed by our client achieves a respectable advised annual turnover of £40,500 which is derived from selling a large range of mens casual and formal clothing. The business is exceptionally well known and has been present in the town for many years. We feel that this opportunity is very unique as it offers a residence with a total of nine bedrooms; three are situated in a self contained two storey apartment which our client currently lets at an attractive monthly rate. The residence offers large grand living space with the addition of a rear garden area. The retail shop can be used to facilitate the sale of many different products and services and would undoubtedly suit most businesses. We would like to urge very early interest in this business as opportunities of this calibre rarely appear onto the market.
Financial Profile
Turnover: £40,500pa
Gross profit: 47%
Stock approximately: £25,000
Tenure
We are advised freehold
Opening Hours
Monday: 9:00am - 1:00pm > 2:00pm - 5:00pm
Tuesday: 9:00am - 1:00pm > 2:00pm - 5:00pm
Wednesday: 9:00am - 1:00pm
Thursday: 9:00am - 1:00pm > 2:00pm - 5:00pm
Friday: 9:00am - 1:00pm > 2:00pm - 5:00pm
Saturday: 9:00am - 1:00pm > 2:00pm - 4:00pm
Sunday: Closed
Accommodation
Well presented 4 storey opportunity comprising of a 9 bedroom residence including a 3 bedroom self contained apartment, high street facing retail shop, shared shop and home utility room, main residence family sized kitchen and grand living and dining room, several bathrooms and large high ceiling basement with 3 open plan rooms. Self contained apartment featuring kitchen, living and dining area. Rear well maintained garden with decorative cobbled walkway and many flower beds.
Shop
Facing the High Street it is double glass fronted with excellent display space and secure entrance leading to open plan shop, sales and display area with wall fixed shelving, racking and garment hangings, several free standing displays, glass display serving and payment counter, changing area, office area with small paperwork storage plus shop and house utility which is a shared area with storage cupboards, worktops and access door to accommodation.
House
GROUND FLOOR
Kitchen - Family sized with worktops, wash basin, cupboards and drawers, breakfast bar with stool seating and pantry.
Living Room/Dining Room - Grand living space with dining table and chairs for 6-8 person(s) and living area accommodating sofas with feature fireplace and garden views. Rear door access to garden and stairs to first floor.
BASEMENT
High ceiling dry cellar (currently used for storage and additional living space) with 3 good sized open plan rooms, possible conversion.
FIRST FLOOR
Office/study area with concealed shelving and additional wardrobe storage. Bathroom with toilet, shower and wash basin.
Bedroom 1 - Double
Bedroom 2 - Double with storage cupboard
Kitchen/utility room with worktops, wash basin and washing machine.
SECOND FLOOR
Bedroom 3 - Double
Bedroom 4 - Double with en-suite toilet, bath and wash basin.
Bedroom 5 - Double
Large attic storage
Bedroom 6 - Large single/small double
Self Contained 2 Storey Apartments
Own external access door leading to first and second floors, briefly comprising: Kitchen with wash basin, cupboards and drawers and breakfast bar, Living room with dining area and feature fireplace, 2 double bedrooms and a single box room which could be used for office, study or storage.
EXTERNAL
Beautiful cobbled walkway from property to rear garden with lawned area, decorative rear wall, flower beds and pots, shared additional garden area and storage outhouse. | | | | | | FOR SALE | | | | | REFERENCE: | 2590 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
