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632564
S1849 / Rightbiz
A superb retail position within one of the most demanded retail areas of Leeds. Vicar Lane location area next to John Lewis, Casino, Victoria and Victoria Quarter.
Starling Corporate are pleased to present an exciting, multi-faceted acquisition opportunity that holds a superb position in Leeds City Centre. The clothing and accessory retailer is very well known in the city and was established in the popular region of Headingly before growing into its current premises in 2023.
Today, the popular retail brand encompasses its core values to ‘Reduce, Reuse and Recycle’ sustainable products to retail a broad range of clothes and accessories. The taste within the product range is exquisite and successfully fills a gap in the local retail market. Furthermore, there are additional offerings within the recognised brand that include a repairs, alterations, and tailoring service as well as space to expand the e-commerce aspect of the business model. A standout feature for the leasehold retail unit is the interior design and fit out which presents a flagship opportunity over two floors.
The family owners have invested significant time and funds to create an individual and largely handcrafted retail space. This now presents an open plan layout which holds a light and airy feel, where a broad range of stock is accessibility positioned. The brand development and company identity is outstanding and the plethora or positive reviews are an absolute credit to the product range and trading model, resulting in a large market share with regular clients in place.
Turn Key retail opportunity benefiting from huge footfall at very fair costs.
Property Information Property:
Leasehold
Lease Terms:
full lease and rent structure available on request
Leasehold Rent:
£20,000 per annum
Location:
Vicar Lane in Leeds City Centre - within 50m of The Ivy, Ivy Asia, John Lewis, Victoria Quarter, Victoria Car Park, Leeds City Market
Premises Details:
two story 1600 sqft across 2 floors. Glass shop front
Size in square feet:
1,600
Energy Performance Rating:
B
Business Operation Management type:
This business is owner operated.
Reasons for selling:
Relocation
Years established:
2023
Other Information Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
£15,000
Inventory / Stock value:
£10,000
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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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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