Summary
- Asking price:
-
£58,500
- Sales revenue:
- £142,821
- Net profit:
- Available on request
- Years established:
- 1999
- Employees:
- One part time employee together with the
Business description
Advent Business Sales is delighted to offer
to the market this extremely upmarket and
well established ladies shoe and handbag
retail business, which has been trading
successfully for the last 9 years.
The current vendor has been in constant
ownership since she started the business, but
is reluctantly selling due to other business
reasons.
Our client has achieved an enviable
reputation for selling shoes, handbags and
hosiery made in France, Germany, Austria
and Italy as well as select items from the
UK.
A great deal of customers visits the shop
from word of mouth recommendation and
may do so several times a year.
The business does advertise in one local
quality magazine called Westside.
From time to time, a small selection of
complimentary items may be sold, for
example, through the summer months,
swimwear.
8817S
Property information
- Property:
- Leasehold
- Lease terms:
- TENURE: Leasehold
Original lease: 5 years, with a 2
year break clause
Remaining lease: 6 months
Review every: 5 years
Rent: £7,000 per annum
We are advised that the annual business
rates are currently: £3006.36
- Living accommodation:
- The property is a single fronted shop with
the entrance doorway to the right hand.
The shop itself is modern but warm and
appealing with extremely tasteful displays
on all walls, subtly lit with spot lighting.
The front window is large and uncluttered,
once more displaying merchandise to the very
highest of standards.
A seating area is provided in the centre of
the room and a small discreet counter and till
on the left towards the rear of the shop.
At the back of the shop is a curtained off
stock room all shelved out and also a
changing room.
Behind is a rear door to a communal yard
area.
There are separate lockable wc’s.
The premises are paved to the roadway.
- Location:
- Our client is conveniently located in a major shopping area in a very up market part of Sheffield.
Shops and businesses surrounding our client are complimentary and include jewellers, chocolate
shop, florist, ladies dress shop, hair dresser/nails, restaurants, deli and estate agents.
The shop is close to the university, main hospital and private schools.
Sheffield has a fantastic integrated transport system with the M1 motorway and main line rail
links, high speed tramway and local buses.
Other information
- Expansion potential:
- The accounts show this business is still
growing through its high standards and
excellent buying. This could be grown upon
with opening longer hours, website/internet
selling (there is an unused basement for
possible expansion).
The present owner goes abroad to buy,
another owner may do all their buying from
London via importers, to possibly save
money, it is up to the individual.
- Trading hours:
- Mon: closed,Tues – Sat: 11.00am – 4.30pm,Sun: closed
- Related documents:
-