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Advert Details
York Specialist Clothing Business Established Over 25 Years For Sale
York, North Yorkshire, United Kingdom
Financials
Asking price: £64,950
Sales revenue: Undisclosed
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
Unique opportunity to acquire a long-established niche business which has traded for over 25 years, under the current owners. Situated in the world renowned historic tourist location 'The Shambles' in the heart of the City Of York. This is one of the most spacious, characteristic and well-fitted self-contained retail units in the Shambles (Total 2190 sq. ft.) As well as other specialist retailers in the Shambles (Edinburgh Woollen Mill) - the premises are also close to multiple retailers (Marks & Spencer - 50 mtrs.). Specialist designer knitwear and casualwear business complemented by gift lines, etc.. Range is probably the largest selection of 'Limited Design' products offering the 'Best Of British' designs. Excellent reputation. Business sale includes fixtures and fittings, goodwill and established website. Scope for further development.
Years established: 25
Property: Leasehold
Lease terms
Property held on a secure 15 year Lease from October 2001 at 5 yearly rent reviews. The Landlords have indicated thay they are willing to consider an increased term ang change of use (subject to planning, etc.)
Location
Excellently situated in the popular tourist street, The Shambles, which is world renowned for its medieval 16th century buildings and cobbled streets
Expansion potential
Business concept can be expanded to other suitable locations.
Reasons for selling
Retirement.
Related website: www.limiteddesigns.co.uk


