South Devon Seaside Clothes Shop For Sale

Business description

SEASIDE MEN’S & LADIES CLOTHING SHOP - PRIME TRADING SPOT SEASIDE SOUTH DEVON in an excellent position overlooking one of the resort’s major attractions - the beautiful lawn & adjacent river, which runs through the central shopping area, with its famous black swans & countless ducks. Then just over 100 paces (approx) to the beach!

Owned by our clients for four years who each have other full time careers so have run the shop mainly with staff. However they do spend a few hours, many weeks, working in the shop. The shop sells a wide range of affordable not ‘designer’ label men & ladies clothing & has been established for many years with a good customer base of both local as well as ‘returning’ holiday visitors.

It comprises of an ‘eye catching’ double windowed 18’6” wide frontage & inside a main selling area, toilet & kitchenette. The average turnover, excluding Vat, in recent years has been just over £80,000, with a Gross Profit in excess of 50 %. However, in our experience, if it was run by a working couple trade does tend to improve as the working owners establish a direct relationship with their customers.

The business is a leasehold lock up, £9,000 rental per year with 16 years to renewal

Property information

Property:

Leasehold

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