- Listing ID: 770831
- (Seller ref: M2372)
Old Established Ladies' Wear, Children's Wear, Footwear For Sale
- Location:
-
- UK
- > England
- > South East
- > London
- > South London
- > South London
- Category:
-
- Retail
- > Clothing
- > Shoe Shops
- Type:
Listed by:
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Summary
- Asking price:
- £50,000
- Turnover:
- £312,000
- Net profit:
- Available on request
- Employees:
- The business is at present operated by 2 brothers with the assistance of 3 full time and 2 part time staff.
Business description
IMPRESSIVE SALES AREA with 5 windows approx. 2,000 sq. ft. sales area, fully carpeted. Counters, 2 electronic cash registers, display stands, display rails, CCTV system incuding 7 cameras, 2 monitors plus videos.
3 Changing Rooms
Stockrooms at rear
2 Staff Cloakrooms each with w.c. and wash hand basin
Stairs to basement under 1 area of the shop comprising large basement with racking.
Property information
- Property:
- Leasehold
- Lease terms:
- We understand the premises are held on 3 secure renewable leases, 2 of which have approximately 15 years unexpired, whilst the other has approximately 6 years unexpired at an overall rental of £37,000 p.a. exclusive of rates, with rent reviews.
Uniform Business Rates: £10,000 p.a. approx. + water rates (metered)
THIS OLD ESTABLISHED BUSINESS HAS BEEN IN THE SAME HANDS FOR APPROXIMATELY 27 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
- Location:
- Situated in a parade, excellent main road trading position, densely populated commercial and residential area, LONDON SW
Other information
- Expansion potential:
- WE ARE INFORMED the turnover currently averages £6,000/£6,500 p.w. We are further advised the sales year ending 31st January, 2007 showed £285,000 inclusive of VAT. Gross profit 40% approx.
- Reasons for selling:
- OFFERS INVITED TO INCLUDE THE SECURE LEASES, GOODWILL, FIXTURES & FITTINGS in the region of £50,000 plus STOCK AT VALUATION (£80,000 approx). SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
- Trading hours:
- Monday - Saturday incusive - 9.30 a.m. - 6. p.m.
With the exception of Wednesday when the business opens from 9.30 a.m. - 1.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours.
- Financing available:
- SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- UK
- > England
- > South East
- > London
- > South London
- > South London
- Retail
- > Clothing
- > Shoe Shops
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