Beautiful Ladies Clothing Shop For Sale

Business description

BEAUTIFUL LADIES CLOTHING SHOP - BINGHAM
Affluent market town location in Nottinghamshire
Well equipped and well presented throughout
Turnover £50,000 with huge growth potential
Massive two storey sales and display property
Early viewing is highly recommended
Scope for further development
LEASEHOLD


Business History

Meridian Business Sales are truly delighted to offer for sale this very well presented ladies clothing shop which was first established by our client in 2000 and is only now placing it onto the market due to her strong desire for retirement. The business which is run and managed by our client achieves a very respectful annual turnover of £50,000 derived from selling a fine range of ladies clothing and accessories. The shop has an excellent location with two large striking window displays. The property is very well presented and very sizable offering a large ground floor and additional first floor sales and display space. The shop has always enjoyed excellent levels of repeat business and new customers appear regularly provided from good word of mouth recommendations and from the highly visible trading location. The business is being sold with all the fixtures and fittings meaning that a new owner would not need to spend additional funds on equipping the property. The shop has ample space to bring in additional clothing ranges and could possibly be sub let to a complimenting retailer which would assist in rental payments and also increase the foot fall for the business. This is a very well presented shop in a truly beautiful and highly desirable location offering lots of sales and display space. We feel that this opportunity provides a new owner with an excellent base to build upon and we urge early viewing of this excellent business.


Accommodation

Beautifully presented 2 storey corner shop offering large front and side window displays, 2 large ground floor sales areas, changing rooms, private staff area with kitchenette and toilet, first floor open plan sales area with storage space, all superbly appointed and presented, briefly comprising:

GROUND FLOOR
Two large side and front display windows
Secure front entrance

Sales area 1:- Open plan with wall fixed garment display racking and shelving, free standing displays, payment / serving desk area with additional displays

Sales area 2:- Long open plan sales area, wall fixed garment display racking and shelving, free standing displays, 2 x large changing rooms, stairs accessing first floor

Private area:- Kitchenette with fitted cupboards, worktops and sink, toilet with wash basin

FIRST FLOOR
Sales area 3:- Open plan sales area, wall fixed garment display racking and shelving, free standing displays, changing room, storage space

Property information

Property:

Leasehold

Lease terms:

Leasehold - Original length: 6 years
Remaining: 5 years & 3 months
Review: 3 years
Rent: £2,964 per quarter

Location:

The business benefits from having an excellent location in the beautiful market town of Bingham, Nottinghamshire. The shop has a prominent corner position set on the towns main through road which is used by commuters and visitors throughout the year. The property also faces the towns famous outdoor market which brings a healthy amount of passing trade. The business also benefits from having a wide variety of neighbouring good quality retailers and commercial businesses which draw shoppers to the town and contributes to the high foot fall. Bingham is a truly beautiful market town which is a highly desirable business and residential area due to its excellent shopping, fine housing, good schools and NHS services, friendly community and surrounding open countryside. Additionally, Bingham is very accessible being only 9 miles away from Nottingham. Easy motorway access can be gained via the A52 connecting to the M1 making UK travelling very easy.