Leasehold Gents Formal Hire Business For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this exceptionally well presented gents' formal clothing hire shop, situated in a thriving Cambridgeshire market town. Westbrook Formal Hire, established 5 years ago, has grown from strength to strength and is the largest independently owned retailer in Cambridgeshire. The business is currently run with owner and two part-time staff, plus an extra Saturday person. All equipment for alterations is supplied; Prosew sewing machine, boiler irons, 2 Propress steamers. All shortening, etc is completed in house (very easy), but don't worry for bigger jobs a bespoke alteration tailor is two doors away. The business caters for men's and boy's wedding attire and tux rental, from the traditional top hat and tails to contemporary suits in various colours, all carried in stock. Accounts with all the best formal hire suppliers such as Magee, Masterhand, Torre, Heirloom, Piscador, Peter Posh etc are all up and running. Relationships with the areas best bridal shops are already established and offer a great referral business, as are with the areas busiest wedding fairs, where places are guaranteed. After a very busy and profitable 2007 season it is only now being offered for sale, with the owners only parting with the business as they are emigrating. The shop is fully stocked with all A1 condition stock (replacement value in excess of £95,000) and is literally just waiting for new owners to take over and plan their 2008 season. The business also operates a very successful website, from which many enquiries are taken. The current owner is more than willing to offer his services after sale if needed to aid a smooth transition. So if you fancy a lifestyle change and want to be part of a very enjoyable and moneymaking industry then contact us for further details.

Property information

Property:

Leasehold

Lease terms:

Leasehold
New 12 year lease available
Review every: 4 years
Rent: £11,000 per annum

Living accommodation:

PROPERTY DETAILS Well presented, single storey shop with large window displays, open plan show area, office and full alarm system. GROUND FLOOR 2 large display windows Secure front entrance Front seating/waiting area with desk Large open plan shop Well presented with shelving and racking to suit trade Several display mannequins Sales counter Private office Access to secure stock room 2 changing rooms Additional private storage area W/C with wash basin

Location:

Westbrook Formal Hire is located in the beautiful town of St Ives in Cambridgeshire. The exceptionally well presented shop is located in a riverside mews next to the largest bridal wear shop in East Anglia, it just doesn't get any better than that! . The area offers an excellent variety of commercial and service businesses, which attract shoppers to the area throughout the year. St Ives is a hugely popular business and residential area due to its beautiful open countryside, historic attractions, good schools and hospitals, fine housing and good transport links. The area has many popular, neighbouring villages and towns, including Needingworth, Huntingdon and Hemmingford Gray. St Ives also benefits from being just under 16 miles away from Cambridge.

Other information

Trading hours:

Tue - Sat: 9.00am - 5.00pm