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Fashions, Accessories, Gifts and Homeware Retailer in Rutland

Undisclosed, Rutland
Status
FOR SALE
Advert ID
238760
Reference
fashgiftsrutlandDH / Rightbiz
Leasehold Price: £29,500
Annual Turnover: £85,000
Annual Net Profit: Available upon request

A long-established retailer offering a unique range of Ladies fashions and accessories, jewellery, cards, gifts and homewares.

Based on the premium shopping street with all independent retailers in a bustling market town, the business attracts passing trade and regulars alike with its broad range of ladies fashions as well as accessories such as handbags, gloves, scarves and jewellery. For that special occasion there are cards and gifts with watches being a strong seller.  For the home there is a range of lighting, scented candles, diffusers, clocks, table accessories and small furniture.

The current owner set the business up from scratch some six years ago, and now, with a change of circumstance, they wish to focus their efforts elsewhere.  The owner is hands-on in the business as an owner manager and is supported by 2 part-time staff. The business currently trades at ca £1700 pw, i.e. £85000 pa.

The business trades from an attractive single-fronted shop with approx 100 sq ft of retail space, with space for window displays to attract and promote seasonal goods.  There is storage to the rear.

Rent is £12000 pa and a new lease available to the new owners by agreement with the landlord.  The business benefits from full-rate relief.

The business would suit someone looking to develop a small retail business, perhaps primarily as a fashion business but also as cards and gifts since product ranges can be altered and adapted to suit.  With staff available the business does not need to be a full-time occupation and could be run as an add-on to an existing operation.

The business is offered with all fixtures and fittings ready to trade (full list available on viewing).  Offers are invited for the company to include all assets and goodwill on a cash-free, debt-free basis.

A full profile is available once a confidentiality & non disclosure agreement has been signed.  All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. 

All above information is provided by the seller.  City Business Brokers makes no representation or warranty as to the accuracy of this information.

 

Listing Details
Location: Undisclosed, Rutland
Sector: Gift Shops, Craft Shops, Homeware
Key Features
  • Fully Fitted
  • Town Centre location
  • High Turnover
  • Prime Location
  • Established Business
  • Close to Local Amenities
Contact Agent
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Advert Reference: fashgiftsrutlandDH / Rightbiz

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