Arklow Retail Business For Sale

Business description

RTA Business Sales are delighted to offer this

• Bridal Shop For Sale In Mullingar, Co. Westmeath
• A Prime Trading Position in Populated Village
• Consistent Opening Levels of Turnover and High Profitability
• 6 Leading Designer Collections
• Widespread Local Reputation and Referral Client Base
• Huge Potential for Retail Expansion
• Option To Buy Property Separate
• Passing Trade Benefits
• Secure Renewable Lease
• Competitive Lease Price

THE BUSINESS
Stunning bridal shop and men's formal wear for sale in a busy main town of Mullingar Co. Westmeath. This business enjoys all the considerable commercial advantages of its very prominent trading position among other complementary outlets on a busy main town road, this expanding concern primarily conducts a popular sales operation of an extensive selection of designer-led bridesmaids together with a great line of men's wear boasting 6 leading designer collections.

This well established business since 1996 has huge potential to diversify and for possible expansion into other retail businesses given that the present business is maintained in two premises, the larger of the two of which the business is carried out in. To the rear of the business there is a large office and great storage areas. Viewing comes highly recommended.

FINANCIAL INFORMATION
The asking price for this business is €450,000 inclusive of stock. Current turnover in the region of €70,000 per annum with huge scope to increase. There is the option to buy the premises separately at a reduced price.

PROPERTY DESCRIPTIONS (2,660 sq.ft)
Fitted and presented to high contemporary trade specifications throughout, this extremely well maintained business premises on two floors provide outstanding business accommodation which, to the ground floor, consists of an inviting double glazed front entrance with display window, a reception room and a large range of formal wear and accessories. The open planned retail sales and customer service showroom on the first floor area is large and spacious and of which houses a full range of modern high quality fixed and free-standing display rails for an extensive selection of wedding dresses, together with an extensive selection of men's wear in an outer building to the rear of the premises.

This premises also incorporates 2 x fitting rooms, a staff kitchenette and a bright office to the rear of the premises whereby there is also found a large storage area for the business stock.

BUSINESS RATES
Business Rates currently stand at approximately €3,000 per annum.

EXTERNALLY
To the exterior the premises are prominently signed and attractively presented and afford extensive and inviting double fronted display window with unrestricted customer parking available locally.

FIXTURES AND FITTINGS
The business is well fitted and fixed throughout.

CURRENT TRADING HOURS
Monday - Saturday 10am - 5pm
Sunday - Closed

Property information

Real Estate:

Real Property Included