Country Fashion Accessories Shop For Sale

Northallerton, North Yorkshire, UK

Asking Price:: £49,950 Furniture / Fixtures included

Turnover:: £170,000

Net Profit:: £45,000

Established and very popular country fashion and accessories business in Northallerton, North Yorkshire, now offered for sale due to the owners’ retirement after many successful years. The business enjoys a renowned reputation across Northallerton and surrounding areas, attracting a loyal local customer base as well as tourists. Situated in a prime trading position along the bustling High Street, it benefits from substantial passing trade. The shop trades six days a week during daytime hours and stocks a wide selection of quality ladies’ and gents’ hats, caps, jackets, coats, knitwear and accessories aimed at countryside enthusiasts, all offered at realistic prices. Strong sales are achieved both in store and online through the established e-commerce website, as well as at major country shows such as the Cheltenham National Hunt Festival and the Great Yorkshire Show. There remains significant scope to expand online sales further, extend opening hours and attend additional events. Turnover is approximately £170,000 per annum with a 61 percent gross profit and adjusted net profit exceeding £45,000. The premises have been transformed into an eye catching and stylish retail unit fitted with quality fixtures, fittings and equipment. Early viewing is strongly advised.

Property Information

Property:: Leasehold

Location:: Located in the heart of Northallerton, a thriving North Yorkshire market town, occupying a prime trading position along the bustling High Street. Leasehold property.

Premises Details:: Impressive and stylish single fronted retail premises with excellent display window, fully fitted with quality fixtures, fittings and equipment.

Business Operation

Management type:: This business is owner operated.

Expansion Potential:: Immense potential to increase online sales, extend opening hours and attend additional country shows and events. Ideal for an enthusiastic, dedicated proprietor to further exploit the full potential and maximise profits.

Reasons for selling:: Retirement.

Trading hours:: Trading six days a week on daytime hours, selling country fashion and accessories in store, online via e commerce website and at various country shows.