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High Quality Ladies Fashion Boutique - Two Locations Available For Sale

Broadway, Worcestershire, UK
Asking Price:
£110,000
Turnover:
£255,000
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 Broadway, Worcestershire and Burford, Oxfordshire.

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:

The premises are held on two separate leases for a term of eight years with six years remaining. Combined rental is £18,350 per annum exclusive business rates. The leases are 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 Broadway unit is situated within a popular arcade of shops in the center of the village.

Premises Details:

Two adjacent ground floor premises.

Size in square feet:
162

Business Operation

Reasons for selling:

Owners retirement.

Years established:
11