Designer Ladies Fashion In Larger Sizes Business For Sale

Business description

HISTORY

• Established by vendor in 1983 on the Kings Road as niche business offering larger sized fashionable ladies clothes
• Located to present Covent Garden site in 1986
• Boutique equipped to a high standard
• A very individual shopping experience created through years of expertise
• Product range extended to include a variety of price points

REASON FOR SALE

• Retirement

PRODUCTS

• Full range of ladies’ clothing in sizes 18 to 28
• Typically 15 to 17 designers used per season
• Casual, vintage and couture ranges offered
• Wide range of fashionable designer brands

• Tops
• Gowns
• Coats & jackets
• Hats
• Jewellery & accessories

SERVICES

• Expert knowledge of plus size ranges
• Image consultancy
• Bespoke design and creations

CUSTOMERS

• Customers travel significant distances to benefit from expertise on offer
• Typically aged over 30
• Introduction of additional price points has broadened customer base

• Website displays latest product range
• Extremely high repeat rate

SUPPLIERS

• Variety of contemporary and traditional styles sourced through various trade contacts typically throughout Europe
o Oska
o Vetono
o Sulu
o Sinne
o Champain
o MP
o Yiannis Karitsiotis
o Eva Tralala
o Hebbeding
o Crea
• Buying trips undertaken seasonally

STRENGTHS

• Excellent reputation with established, loyal and discerning customer base
• Highly visible site in one of London’s most sought after areas
• Favourable rent and rates with “old style” renewable lease
• Tasteful décor throughout
• Reputation for designer brands
• Recognised within the market place






DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

• Original Lease 30 years
• Lease Remaining 3 years
• Rent £32,000 per annum
• Rates £13,200

Location:

• Prominently sited boutique within prestigious and fashionable area of central London
• Full range of complimentary businesses close by
• Mix of up market residential, commercial and retail businesses within the area
• Street parking

Premises details:

• A stylish boutique with main retail area and basement sales area in a fashionable area of central London
• Pavement to front with on street parking
• Window display area
• Ground floor boutique area with sales counter and changing room overlooking a delightful urban courtyard
• Basement retail area with elegant ladies washroom
• Office
• Racking and shelving appropriate to trade

Business Operation

Expansion potential:

• Introduction of additional product ranges
• Further development of website to include fully functioning purchase option
• Focus on additional business development activity
• Opening further retail outlets
• Marketing to existing customer base
• Evening events

Trading hours:

• Monday to Saturday 10am to 6pm
• Sunday 12 Noon to 5pm

Employees:

• Vendor in managerial capacity • 2 full time assistants • 1 part time assistant • Vendor is not involved in the business on a full time basis

Other information

Related documents:

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• Sales particulars

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• EPC