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Ladies Fashion Retail Outlet for Sale in Helston, Cornwall

Helston, Cornwall
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  • Leasehold: £19,950
  • Turnover: £50,000 (£962 per week)
  • Profit: Not Applicable

Business Details

Ladies Fashion Retail Outlet Located In Helston

Ladies Fashion Retail Outlet Located In Helston
Mother Of The Bride & Groom Wear
Established Business
Ref 3214

Asking Price £19,950 plus SAV

Location
This Leasehold Ladies Fashion retail outlet is located in the Cornish town of Helston, Cornwall. Situated on Meneage Street in the town centre, offering residents convenient access to shops, schools, parks, and other amenities. road side parking is available as well as two shoppers car parks. Helston's historic architecture and charm can be seen in buildings around the area. The nearest railway station is Camborne, which is approximately (8 miles) away. The area is also well served by A roads, with the A394 being within easy driving distance of the property, which links to the national A road and motorway networks. Helston is (12 miles) east of Penzance and (9 miles) southwest of Falmouth.

Business Description
Veritas Business Sales are delighted to offer for sale this established Ladies Fashion retail outlet which is located in Helston, Cornwall. The business was established by our client 15 years ago and they are now offering the business for sale so that they can enjoy a well-deserved retirement. Since ownership they have regularly decorated, refurbished and invested in new fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Manor Fashions is owner operated and has an annual turnover of circa £50,000. The business is one of the few stores in the country retailing exclusively Special Occasion & Wedding Guest outfits for Mother of the Bride and Mother of the Groom. They have a reputation for personal service on a one-to-one basis in a relaxed and friendly atmosphere which attracts customers not only from Cornwall but Devon, Somerset, London and further afield. As an independent retailer they offer an exclusive range of outfits which are not available in department stores and therefore allow the customers to wear unique outfits. There is also a smart casual section offering everyday wear.
We believe that there is further potential to increase trade should you wish to do so by opening on Sundays, Mondays. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase a growing business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Tuesday – Saturday – 09:30 – 16:30
Sunday & Monday – closed

Leasehold
Term: 6 Years
Remaining: 8 months
Rent: £10,000 pa
Reviewed: 3 yearly
Business Rates: zero

Ground Floor
Retail area (6.1m x 10.9m) comprising: sales counter, various clothing display rails with covers, 2 changing rooms, hand-bag display rail, various shelves, wooden shelving unit and 2 x chairs.
Storage room & office (=3.1m x 3.3m) with desk, chair, various shelving, filing cabinet and printer.
Storage cupboard (1.2m x 2.0m) with various shelving.

First Floor
Kitchen (3.4m x 3.8m) comprising: kitchen cupboards with sink and drainer, microwave, kettle, various shelves and lockers.
Storeroom (3.1m x 1.8m).
Toilet (2.4m x 2.2m) with W/C, wash basin and wall mounted mirror.


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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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