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Established Ladies Fashion Retail Business for Sale in Sheringham Norfolk

Sheringham, Norfolk

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    29/03/24

  • Advert ID

    608982

  • Leasehold: Price on Application (Stock at valuation)
  • Rent: £12,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Established Business
  • Retirement Sale
  • Small Business
  • Potential for Alternative Use
  • Attractive Business

Business Details

Ladies Fashion and accessories retail

A very well-established, trading ladies fashion and accessories business available for sale, at a very attractive negotiable  price.  Alternatively, the property could be available as a vacant leasehold premise for retail use, with a small premium. 

 Located in a thriving North Norfolk town, with major tourist attractions and frequent in-town "events" which attract thousands of visitors annually. Ladies fashions have been retailed from this store for many decades. The shop retails a quality range of well loved fashion labels, aimed at the mid-price range, plus an extensive range of accessories. There is potential to pursue extra sales from more aggressive advertising and marketing, for example more use of social media, on-line presence, as well as greater marketing to existing customer base - these areas have not been extensively utilised. This is one of the larger retail units in the town, with potential to offer a wider range, or different uses. 

 This is a genuine retirement sale. The present owners have been self-employed for 35 years, and have operated the existing business for almost 11  years. The business is operated by the owner and 3 part-time employees.  It is a confidential sale, further details of the business/accounts/lease will only be supplied to genuinely interested applicants. No approach should be made to anyone in the business without prior arrangement and appointment. 

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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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