Leasehold Fashion Store For Sale

Business description

Bag A Business is delighted to offer to the market this extremely well presented and thriving retail fashion shop, which was established by our client in 2005. It is only now being placed on the market to allow her to concentrate on other business interests. Run by our client with the help of one full time member of staff, resulting in a wage bill of £190 per week, the business achieves a weekly turnover of around £800, whilst enjoying an overall average gross profit margin in the region of 50%. Young Ideas stocks a good selection of up market children's designer clothes and shoes, including labels such as Diesel, Moschino, Energie, Kenzo, Ted Baker, Miss Sixty, Bench, Oilily and Catimini. We feel that this opportunity represents an ideal base for a new owner to build upon, perhaps by extending opening hours to include a late night and Sunday opening. Early viewing is highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 5 years
Remaining length: 3 years
Review every: 5 years
Rent: £11,000 per annum

Living accommodation:

PROPERTY DETAILS Well presented, ground floor retail unit. Briefly comprising. . Well fitted sales area with racking to walls and centre . Sales counter with cash register . Shared W/C facilities

Location:

Young Ideas is a desirable retail unit in the sought after Cornish town of Truro. Situated at the heart of the retail centre and surrounded by a wealth of complementary shops and business with ample on and off street parking facilities close by. The shop draws its trade from the local area, as well as from visitors, particularly in the summer months. Truro is well-known for its cathedral (completed in 1910), as well as its cobbled streets, open spaces and many examples of Georgian architecture. The store has good access to the main A30, which connects to the M5 motorway at Exeter.

Other information

Trading hours:

Mon - Sat: 10.00am - 5.00pm

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