Quality Leisure Clothing Shop On Dinan Quayside For Sale

Business description

Large, beautiful period premises on riverside port of unspoilt medieval Dinan. Up to 500,000 tourists visiting during season, most going to the port. parking easy. Owner/manager with decades of retail experience has this business well-attuned to year-round trade The only retail outlet on the port, otherwise occupied by restaurants and cafes. Sales mainly quality label leisure clothes for both sexes, nautical styles with fashion accessories and costume jewellery. Also offering tableware, decorative items, nauticalia and tourist giftware. No competition within 20 miles.Often described by customers as the most attractive shop in Brittany. Profitable history, 2011 turnover at record. Spacious office behind looking onto secure cobbled courtyard with facilities for overnight/temporary stay. Large stockroom and garaging. Rent set modestly to ensure future of business. Owner retiring but offering full details of suppliers and nature of trade, available for continuing advice if desired. In addition to French locals and tourists, clientele includes visitors from most European countries during summer, increasing numbers from Far East and the Americas. Marina berths along portside, frequent yacht arrivals from Channel Islands and beyond. Although retail/fashion experience valuable, with the help of the vendor this could be an ideal second career for someone leaving a financial or management profession for a more measured but interesting lifestyle in a beautiful and thriving part of France. Ideal family business or could be the basis of an expanding retail chain. Residential and commercial property values still very reasonable for foreign buyers.
Offers over £100,000 for the business reflecting secure lease at modest government-controlled rate with fixtures and fittings. Existing stock of about £150,000 offered at cost less 10%. Offers for the freehold with the business would be considered with a reduced price for the business.

Property information

Real Estate:

Real Property Included

Lease terms:

Permanent

Leasehold rent:

€18,000 per annum

Living accommodation:

overnight/studio couple facilities

Location:

Prime pedestrian quayside site, parking along quay in front

Premises details:

18th century converted warehouse, high beamed ceilings, very attractive

Size in square feet:

3,000

Other information

Expansion potential:

Ideal business to repeat in tourist locations

Planning consent:

Longstanding commercial/residential

Competition / Market:

No similar outlet within 20 miles

Support & training:

Fully available from existing owner

Reasons for selling:

Retirement

Trading hours:

6 days per week but 30% turnover increase possible with Sunday opening

Financing available:

Contacts with local commercial banks

Inventory / Stock value:

€180,000 (included in the asking price)

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