Freehold Clothes Retailer For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this busy, modern fashion retail outlet set within a substantial, three storey building. The building used to serve as a bank and retains some of the original features such as the vault, and caged doors. Alphabet clothing supplies great names such as Diesel, G Star, Fornarina and Take 2 and caters for men, women and kids. The business draws its trade from the high daily foot fall, regular customers and the internet. Founded in 1996 by its present owner, turnover has increased yearly to its present healthy level of £1,117,000 with a gross profit of around 30%. Our client is offering this business for sale in order to pursue other interests and may be act as a consultant for a few months to help the new owner with the systems and suppliers. This is a fantastic opportunity to acquire a prime, city centre, profitable, freehold clothes store. Interest is sure to be high and we urge early discussions with Bag a Business Ltd to avoid disappointment.

Property information

Property:

Freehold

Lease terms:

Freehold

Living accommodation:

Substantial 3 storey city centre terrace building, which was rewired 2 years ago, briefly comprising: GROUND FLOOR Main shop Double window display, closed off from shop area Security sensors at doors Quality custom made racking to walls and rails to centre floor Air-conditioning unit Spotlights located in the ceiling Laminate flooring CCTV system Original bank vault serving as a feature store Large changing room area FIRST FLOOR Kitchen/office/photography room (for internet site) Store Toilets Sale shop Security gate to second floor SECOND FLOOR Store 1/office Store 2 Store 3 Store 4 EXTERNAL To pedestrian precinct

Location:

Alphabet Clothing is located in a prime position within a busy pedestrian precinct in the heart of the main shopping district of Londonderry. There are excellent parking facilities in the nearby Foyleside shopping centres, which are just a minute's stroll from this store. Located within the historic city walls the area is popular with tourists and shoppers alike, ensuring a high footfall daily, from which to draw its trade. Londonderry is steeped in political history and is the second biggest city in Northern Ireland. It is located an hour and a half north of Belfast via the A6 and M22 motorways and is served by the local Eglinton airport. Londonderry serves as a gateway to Donegal for holiday makers and is growing fast, with significant regeneration projects underway.

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