Freehold Menswear Store For Sale

Business description

SBS is delighted to offer for sale this fantastic freehold menswear shop. Established in 1977 by our client's family, JJ Donnelly has seen steady growth in business year on year. In recent months, our client took the decision to renovate the building, and since reopening, he has seen a 30% increase in weekly turnover in a very short space of time, with a lot of room for future growth. Presently, weekly turnover is in the region of £14,423, with a gross profit of around 40%. JJ Donnelly currently supplies: fashion wear, suits, shirts, ties, smart and casual shoes and school uniforms. They have exclusive agencies for Downpatrick, namely: Sonetti, Firetrap, Remus and Azur. The school uniforms provide a lot of business, and currently they supply eight local secondary schools and all the local primary schools. The business could be further developed by extending opening hours, exploring online sales and offering new lines. Our client is offering this business to the market in order to retire. Bag a Business Ltd feels this is a great opportunity and we welcome all enquiries.

Property information

Property:

Freehold

Living accommodation:

Three storey, mid-parade, red brick building, with triple fronted window display, briefly comprising: GROUND FLOOR 2000 sq ft Entrance to shop floor Railings to wall and centre floor Large timber shirt display Maple flooring 2 changing rooms Suspended ceiling Counter and cash register Feature spotlights Rear stairs to store Stairs to first floor FIRST FLOOR 2000 sq ft Laminate flooring Railings to wall and centre floor Timber shirt displays Suspended ceiling 4 changing rooms Stairs to store SECOND FLOOR 2000 sq ft Store area Office Ladies and gents WC Tearoom

Location:

JJ Donnelly Menswear is situated in the extremely busy Market Street, in Downpatrick, County Down. It is in a prime, highly visible trading position, with a high daily footfall and huge amount of passing traffic. The freehold itself has approx 2000 sq.ft on the ground and first floors, and approximately 1400 sq.ft on the second floor, and has only just recently been refurbished. Downpatrick still retains some 18th century atmosphere. There is a lot of history in the town, with many old ruins to visit and, of course, the burial site of St Patrick, meaning that tourism in the town is thriving. Downpatrick lies just half an hour from Belfast, via the A24 and 20 minutes from the tourist town of Newcastle, home to the Mourne Mountains.

Other information

Trading hours:

Mon to Sat: 9:30am - 5:30pm

Contact the seller