Ladies Fashion Retailer In Cumbria For Sale

Business description

Preferred Commercial is pleased to offer for sale this ladies' fashion shop, which was established in 2001 and has been in our client's hands since 2008. The business is only now being offered to the market due to ill health and is run at a pace to suit, opening only 16 hours per week. There is obvious scope to increase turnover by increasing trading hours and offering on-line sales, as at present the business has no web site. There are 3 major schools in the area, which provide a demand for prom dresses and there is potential to introduce fashion shows. The premises have the internal configuration to allow for expansion of the sales area to the first floor. The shop stocks such brands as Fever, After Shock, Chilli Pepper and New Garve London. The shop also has exclusivity in Whitehaven for the Lipsy and Ugly Duckling brands. We feel this offers a new owner a fabulous lifestyle change opportunity and a business, which is ready to be taken to the next level. Early discussions with Preferred Commercial come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 9 years
Remaining: 8 years
Review: every 3 years + 3 year break clause
Rent: £7,080 pa (inc building insurance)

Leasehold rent:

£7,080 per annum

Location:

Vanilla ladies' fashions is located on Strand Street in Whitehaven, Cumbria. The shop is situated close to the town centre at the end of one of the town's major shopping streets and just a minute's walk from the famous marina and harbour development. The shop benefits from free parking outside and it is close to several car parks. The area has a high footfall, which brings much passing trade. Whitehaven is an attractive Georgian town located on the west coast of Cumbria, close to Workington and is easily accessible via the A595.

Premises details:

3-storey double fronted townhouse with ground floor retail area. Briefly comprising:

Ground Floor
• Open-plan retail sales area with feature original wood flooring, shelving and garment rails around the perimeter, halogen lighting, customer seating area, 2 x changing rooms and sales desk with cash register and card terminal.
• Feature curved staircase to first floor

First Floor
• Landing
• Kitchen
• Ladies' WC
• Gents' WC
• Office
• Open-plan studio room with hanging rails for stock

Second Floor
• Open-plan studio room with feature open ceiling

Other information

Trading hours:

Mon: Closed
Tues: 11.30am - 4.00pm
Wed: Closed
Thurs: 11.30am - 5.00pm
Fri: 11.00am - 5.00pm
Sat: 10.30am - 5.00pm
Sun: Closed