Unopposed Leasehold School Uniform Shop In Affluent Broadway For Sale

Business description

Established by the current vendor over 22 years ago this School Uniform Shop is situated at the start of an affluent Broadway in this South East Essex town. The business is completely unopposed and currently supplies 15+ schools. The business caters for all ranges from Blazers, Trousers, Shorts, Skirts and Ties to Knitwear, PE Kits, Bags, Coats and Plimsoll?s. The huge range can come complete with logos embroiled if desired. This is currently outsourced and printing of garments is done on the premises. The business has adapted throughout the current climate and adopted change in forms of offering a hire service for the demand of uniforms for the popular themed nights in and around Essex and London.

Turnover:
Turnover on accounts for years ending 2008 and 2009 was £76,650 and £68,338 respectively.

Potential:
There is a huge potential for a young, enthusiastic, driven owner operator to capitalize on the surrounded schools to be a supplier. This is made easier by the current government ruling. Also a website to promote school uniform hire would be extremely beneficial.

Reason for Sale:
The vendor is looking to retire.

Stock:
Stock to be purchased separately at valuation, Approximately £20,000

Rates:
We are informed that the business rates payable are £130 per month.

Legal Fees:
Vendor and purchaser to be responsible for their own legal costs. Purchaser to meet Landlords reasonable costs when establishing any new lease.

Property information

Property:

Leasehold

Location:

Property:
Single entrance door leading directly into main retail area which has been well arranged to accommodate a display of school wear products. There are high display shelves to both side aspects of the shop as well as additional rail space to the middle and lower side areas of the shop. In addition, there is a small office area to the rear accommodating two clothes printers and a suitable area for office working. There is also a stock room outside of the property to the rear which is fully alarmed like the rest of the building. The shop also benefits from a large window frontage.

Other information

Trading hours:

9.30am - 5pm Monday to Friday, Excluding Wednesdays as the business is shut. 10am - 5pm Saturday.