Superb Ladies Boutique In Lichfield Staffordshire For Sale

Business description

SUPERB LADIES BOUTIQUE - STAFFORDSHIRE
Website, EPOS system, fixtures & fittings included in sale
Early interest and viewing is highly recommended
Prominent town centre location in Lichfield
Advised annual turnover of £115,000
Well fitted throughout
Exclusive brands
Unique business
Great reputation
Easy to run
LEASEHOLD


Business History

Meridian Business Sales are privileged to offer to the market this well respected ladies boutique. The business has been established for 3 years when it was set up form scratch by our client. This superb concern is only being offered to the market due to our clients wish to start a family. During our clients ownership she has refitted the shop with stylish and contempary fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. Our client informs us that the annual turnover is £115,000. The business caters for 30-65 year olds but it's fair to say the core market is 40-55 year olds. They sell clothes, shoes, bags, jewellery and lifestyle items. The shop benefits from having exclusivity on brands such as (White Stuff, Joules and Great Plaines). The business benefits from lots of repeat business and our client has a database of 225 people which she mail shots on a regular bases via a fully computerised system. The business is owner operated and has 3 part time members of staff. We believe that there is still huge potential to increase turnover as the business becomes more established. Early viewing is highly recommended as this business cannot be missed.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Rolling lease
Rent: £14,000pa + VAT

Location:

This outstanding ladies boutique benefits from having a prime highly visible trading location in the highly desirable Cathedral City of Lichfield. Market Street is in the heart of the city centre which is used by visitors and commuters on a daily basis giving an endless supply of passing trade throughout the year. There is a large number of neighbouring businesses and residence who all find the boutique an excellent place to shop. Lichfield is a very desirable business and residential city due to its fine housing, good school and NHS Services, excellent shopping facilities, historic attractions and beautiful neighbouring countryside. Lichfield also benefits from being situated close to the M6 toll and M42 motorways which connect to the M5, M6 and M40 making visiting and commuting very easy.

Premises details:

Grade II listed retail shop in the town centre of Lichfield, briefly comprising of:

GROUND FLOOR
Secure entrance leading to retail area with display window, clothing racks, sales counter with cash register and fully computerised epos system for (stock control, sales, turnover, vat and customer database).
Fitting room

FIRST FLOOR
Toilet and wash basin
Show room with clothing racks and mirrors with archway into second showroom
Third retail showroom

SECOND FLOOR
Stock room with clothing racks
Stock room
Room which is sub-let to a tarot card reader for £70 pw

EXTERNAL
Shared rear yard