Fashion Boutique For Sale | | Undisclosed Berkshire | | Situated in a parade, excellent trading position, close to the High Street, town centre, BERKSHIRE | | ADVERT NUMBER : 71881
ADVERT IMPRESSIONS : 8,564 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Cloths & Fabric Shops | | SALE: | Agent Sale | LEASEHOLD: | £12500 | | | | | BUSINESS DETAILS: | Features : This attractive Fasion Boutique was opened in August, 2011 and in our opinion offer tremendous potential for further development in the right hands.
DOUBLE FRONTED SALES SHOP in the region of 700 sq. ft. sales area. Laminated strip floor, suspended ceiling with concealed lighting, counter, display stands, electric cash register.
Stairs to basement, scope for further sales area, if desired
Cloakroom with w.c. and wash hand basin
Location : Situated in a parade, excellent trading position, close to the High Street, town centre, BERKSHIRE
Opening Hours : Monday - Saturday inclusive - 10 a.m. - 5.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for Sunday opening, if desired
Turnover : WE ARE INFORMED the turnover averages £800/£1,000 p.w. in our opinion offering tremendous potential for further development in the right hands. Gross profit we are advised in the region of 50% approx.
Tenure : We understand the premises are held on a secure renewable lease for a period of 5 years from August, 2011 at a rental of £12,500 p.a. exclusive of rates up to August, 2012, increasing at that time to £13,500 p.a. exclusive of rates up to August, 2013, with a further increase at that time to £15,000 p.a. exclusive of rates for the remainder of the term. We are further advised by the present tenant that there is a Break Clause on the tenants side only after the 3rd year.
Uniform Business Rates: £6,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £12,500 plus STOCK AT VALUATION (£6,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Parking space at rear for 2 cars
Staff : At present operated by the vendor | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
