Ladies Surrey Boutique For Sale

Business description

At present selling Asian clothes plus accessories plus the owners undertake tailoring/alterations.

SINGLE FRONTED PREMISES approx. 14ft wide x 40ft depth with laminated strip floor, new ceiling with inset lighting. Counter, display stands, large mirror.

Rear workroom for tailoring

Staff cloakroom with w.c. and wash hand basin

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a rental of £13,800 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £2,800 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

Location:

Situated in a parade, excellent main road trading position, densely populated residential and commercial area, SURREY

Other information

Expansion potential:

WE ARE INFORMED the turnover averages £2,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 40% approx.

Reasons for selling:

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION (£6,000 approx. optional). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT Alternatively the vendor is prepared to consider the sale of the business as an Empty Premises.

Trading hours:

Monday - Saturday inclusive - 11 a.m. - 7 p.m.
NO SUNDAY TRADING

Financing available:

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.