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Established Ladies Fashion Retail Or Vacant Leasehold Shop In Sheringham For Sale

Sheringham, Norfolk, UK
Asking Price:
Under £50K Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

A very well-established ladies fashion and accessories business is available for sale at a very attractive negotiable price. Alternatively, the property could be taken over as a vacant leasehold premise for retail use, with a small premium. Lease details will be provided to genuine applicants

Located in a thriving North Norfolk town with major tourist attractions and frequent in-town "events," which attract thousands of visitors annually,. Ladies fashions have been retailed from this store for many decades. The shop retails a quality range of well-loved fashion labels, plus an extensive range of accessories. There is potential to pursue extra sales from more aggressive advertising and marketing, for example, more use of social media and online presence, as well as greater marketing to an existing customer base; these areas have not been extensively utilised. This is one of the larger retail units in the town, with the potential to offer a wider range.

This is a genuine retirement sale. The present business is operated by the owner and 3 part-time employees. It is a confidential sale; further details of the business, property, or lease will only be supplied to genuinely interested applicants. No approach should be made to anyone in the business without prior arrangement and appointment.

Property Information

Property:

Leasehold

Lease Terms:

5 years

Leasehold Rent:

£12,000 per annum

Business Operation

Reasons for selling:

Retirement sale - present owners have just reached 70th birthday, and plan to retire.

Other Information

Support & training:

The present owner would be able to provide a handover and support/introductions to present suppliers if required by new owner

Inventory / Stock value:
£35,000