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Enviable & Busy Location
Weekly Takings £5,000
Close to Manchester City Centre
Huge Scope to Increase Online Presence
Plenty of Free Parking To Front
EPC - C
REF 5474 – Leasehold Wholesale Clothing Retailer
Blacks Brokers are proud to bring to the market this leasehold wholesale clothing retailer located in a busy and popular area of Manchester.
Miss Klass Ltd has been trading from Unit 5 of 21-23 Broughton Street since 2016 and in that relatively short time, it has firmly established itself within the local community and within this business sector.
Broughton Street in Manchester is a busy and well used shopping area in Manchester City Centre. The area is popular with shoppers and visitors, with many other local businesses. This business is positioned close to Manchester Fort, which is one of the main shopping and dining area in Manchester. The building is situated just off Cheetham Hill Road with excellent parking close by.
REASON FOR SALE
The business is only being offered for sale due to our clients family commitments.
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is open ended and began in 2016 at a cost of £20,000 per annum.
BUILDING LAYOUT AND DESIGN
The business is housed within a large, two storey retail unit with other complimentary businesses close by. The shop is well branded with clear and large signage on display above a glazed shop front. Inside, there is a main, ground floor showroom and customer service counter. The second floor comprises of a large storeroom, toilet, office and staff kitchen. All areas are well presented and a full inventory is available on request.
The business is currently run by our client only with some temporary staff during busy periods. There are no permanent staff in employment.
Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates weekly takings of £5,000 with strong 40% gross profits. Most customers are from the local area as one would expect, with some custom from passers-by and additional custom from recommendations.
This leasehold business is well positioned and has become popular in a short space of time. There is plenty of scope to develop the business further as our client is currently in the process of introducing an online shop that will be included in the sale as the business currently has no online presence. This proposition would ideally suit an owner operating team who could push the business forward and build upon the newly established yet impressive trading foundations. Early viewings are strongly advised.
MON: 10:00 - 18:30
TUE: 10:00 - 18:30
WED: 10:00 - 18:30
THU: 10:00 - 19:30
FRI: 10:00 - 20:30
SUN: 09:00 - 15:30
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