Leasehold vintage clothes shop for sale in Deal Kent
Deal, Kent
- Status
FOR SALE
- Advert ID
644088
- Reference
N999 / Rightbiz
- Call Agent:
- Leasehold: £20,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
LEASEHOLD VINTAGE CLOTHES SHOP
ADVERT TEXTLEASEHOLD
VINTAGE CLOTHES SHOP
LOCATION
Prominently situated in the centre of town occupying a busy and prominent trading position on the High Street and close to seafront of this charming Kent Town. The business enjoys excellent all year round trade.
BUSINESS
Established by our client last year, the business has quickly established itself in the town selling a range of quality vintage clothing which has he obtains from many sources including wholesalers from the UK and abroad. These include everything from Hawaiian shirts to army surplus to handbags, shoes and dress clothing. The business offers tremendous further potential to develop with the introduction of more social media advertising, internet sales and the introduction of other trading lines such as jewelry.
TURNOVER
The business has taken £79,000 @ approx 60 % GP in its first year of trading and is still increasing month on month.
STAFF
Vendor operated.
HOURS
10.00am - 5.00pm Mon
9.00am - 5.00pm Tues - Sat
10.00am - 4.00pm Sun
PREMISES
Attractive corner premises with large display windows. Retail area: approx 750 sq/ft. Carpeted throughout with suspended ceiling. Sales counter and changing cubicle. Clothes racking and display cabinets. Air conditioning unit. Stairs to first floor with communal kitchen and WC facilities. Offiice approx 8ftx 10ft.
TENURE
New 5 year lease from the 1st March 2025. Rent £16,000 pa.
EPC RATING
TBA
BUSINESS RATES
Nil payable.
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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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