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High Quality Ladies Fashion Boutique - Two Locations Available For Sale

Carterton, Oxfordshire, UK
Asking Price:
£55,000
Turnover:
£185,000
Net Profit:
Available on request

This is an opportunity to acquire two high quality ladies fashion boutiques situated in the heart of two of the Cotswolds most picturesque and popular visitor locations Burford, Oxfordshire and Broadway, Worcestershire.

These retail outlets are available together or as individual units. Both are currently operated under management and there is scope to improve overall profit generation if units were operated by hands on working proprietors.

Key features:
- Prime trading spots in the heart of the Cotswolds' most scenic and sought-after areas.
- Impressive high quality product range.
- Both boutiques available together or as individual units.
- Good level of sales generated on high gross profit margin.

Property Information

Property:

Leasehold

Lease Terms:

A new lease will be granted simultaneous with the business purchase for a flexible term. The current passing rent is £24,900 per annum. The lease is held on internal repairing and insuring terms.

Subject to the status of the ingoing tenant it should be noted that the landlord may require payment of a rent deposit equivalent to 3 or 6 months’ annual rental to be held for the duration of the tenant’s occupancy. Purchasers should take this into consideration when preparing financial forecasts and budgets.

Location:

The Burford unit is situated on the High Street and is located within a mid-terrace period Cotswold stone property.

Premises Details:

Ground floor premises.

Size in square feet:
837

Business Operation

Reasons for selling:

Owners retirement.

Years established:
11