Leasehold Ladies Fashion & Shoes Business For Sale

Business description

Bag A Business is delighted to offer for sale this thriving ladies' shoes and fashion retailer, situated within a delightful village. The shop has built up an enviable reputation throughout the region and has established a significant customer base, with much repeat trade. Currently the business has an annual turnover of £220,000 achieving a 45% gross profit. This is a particularly attractive purchase, as the premises have undergone a substantial refurbishment programme and benefit from an exceptionally high standard of fixtures and fittings. The premises are an amalgamation of two units, with one side exclusively for ladies' fashions and accessories, leading to the open plan shoe presentation area. Our client also has a second shoe shop, situated within the centre of Darlington, (which is also available for sale if required reference 10036). This is a unique opportunity to purchase a thriving and well-established business. Early discussions are highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 25 years
Remaining length: 22 years
Review every: 5 years
Rent: £17,000 per annum

Living accommodation:

PROPERTY DETAILS Double, ground floor retail shop unit with attractive wide double frontage, briefly comprising: GROUND FLOOR Main entrance to ladies fashions Open plan sales area with: wide sales counter, electronic cash registers and credit card terminal, 2 x changing rooms, contemporary decor and halogen lighting throughout, customer seating area, garment hanging rails and product display stands Internal customer access to ladies shoes Additional customer entrance Open plan shoe sales area Tiled flooring Shelving and a racking on perimeter walls Product display systems Rear stock area with additional shelving and racking Staff WC with wash basin EXTERNAL Wide double frontage

Location:

The shop occupies a prominent and desirable trading position in Teeside. The premises have an attractive, wide double frontage, and are surrounded by a wide variety of individual shops and businesses, which generate a high daily footfall. It is located in an exclusive destination shopping area in the middle of the town centre, with numerous major high street brands and banks nearby attracting regular custom. There are ample car parking facilities in the vicinity, as well as being on a major bus route. This is an affluent area, is easily accessible being on a main road, between Darlington and Middlesbrough, and is within commuting distance of all the major North-East and North Yorkshire conurbations.

Other information

Trading hours:

Mon - Sat: 10.00am - 5.00pm