High Quality Ladies Fashion Shoe Shop In Essex For Sale

Business description

Well established business located in busy shopping precinct Essex market town. Turnover approximately £110,000, gross profit approximately 43%, low rent and rates, secure lease. VIEWING HIGHLY RECOMMENDED. REDUCED FOR QUICK SALE.

Property information

Property:

Leasehold

Location:

LOCATION

The business is located in the Essex Market Town of Maldon. Maldon is situated close to the Essex East Coast and a short drive from the main A12 trunk road which links to London and to the Sussex, Essex border. The business has been established at its current location since 2003 and is situated in a busy shopping precinct which has a pedestrian walk way from the main town car park to the High Street. Maldon is a highly sought after area and is currently undergoing extensive commercial and residential developments. The area offers an excellent range of shopping facilities, amenities and entertainments. In addition there is also an excellent range of quality educational establishments. It is our opinion that this location offers an excellent business opportunity for any potential purchaser.

BUSINESS PREMISES

The business premises are situated in a Town Centre shopping precinct amongst period buildings, which form a delightful courtyard location, opposite the main town centre car park. The shop retail area measures 4.65m x 4.15m with a rear storage area measuring 4.77m x 3.01m. The premises are fitted to an exceptional high standard with quality window displays and a modern looking retail area.

BUSINESS

The business has been established since 2003 and offers a range of high quality ladies fashion shoes at affordable prices. With this business in a prime location it has become well known and offers a turnover in the region of £110,000 pa. We are further informed that the gross profit is in the region of 40-45%. It is our opinion that this business offers an excellent opportunity for continued development by open minded business individuals. The Finale group has a range of exclusive accounts with high quality manufactures.

HOURS
Monday - Saturday 9.30am - 5.30pm.

STAFF

The business is currently operated by one member of staff with hours to suit.

RENT

We are informed that the current rent is £7,500 pa with a 12 year secure lease from July 2005. We are further informed that there are 4 yearly rent reviews with the first review taking place July 2009.
Please note retail experience is required in order for the landlord to assign the current lease. In addition an under lease may be required.