Children Footwear Retailer For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established and popular business.

Established over 6 years ago by the vendor the business is now reluctantly offered for sale due to their other commitments.

The business is currently a children’s footwear and benefits from little local competition and stocks quality brands such as Timberland, Lelli-Kelly, Ricosta, Compagnucci, Geox, Geiss Wein and Bellamy.

The store is decorated and fitted to a very high standard are well staffed with one full-time manager plus 2 part-time employees.

The vendor is including around £30,000 worth of stock in the asking price.

ref:8176DE

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original length: 8 years
Term remaining 4 years
Rent reviews every 4yrs
Rent: £8,000p.a

We are advised that the annual business rates are currently: £3,290

Living accommodation:

BUSINESS PREMISES Aprime retail units within a busy high street parade, decorated to a very high standard and consisting of the following; Ground Floor . Glass display window frontage with entrance door leading into main sales area with sales desk to rear . Door to rear leading into large stockroom External . Paved to road at front

Location:

The business occupies a prime retail premise in the centre of Ashbourne in Derbyshire.
There are high levels of passing footfall and traffic and excellent parking facilities with the town’s main car park plus free on street parking close by.
Ashbourne is an affluent and sought after location in Derbyshire with excellent transport links via the major A-roads in the area.

Other information

Expansion potential:

The business is experiencing continual growth year on year and has the potential to be operated by an owner or alternately be a fully managed business.

Trading hours:

Mon-Sat: 9.30am-5pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Inventory / Stock value:

£30,000 (included in the asking price)

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