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Ladies Fashion Retailer For Sale

Bournemouth, Dorset, UK
Asking Price:
£45,000
Turnover:
£205,000
Net Profit:
Undisclosed

Gator Business Sales is pleased to be able to offer for sale this exceptional ladies fashion retailer.

Ideally located in one of Bournemouth’s most popular and affluent suburbs, it is particularly well-known for its variety of independent shops, cafés, and restaurants.

The shop sells a comprehensive range of premium ladies fashion, including separates, cruise and formal wear, dresses, and casual wear, all very carefully selected by our clients.

Of particular note is the longevity of the business, which has been continuously and profitably trading from its present location for in excess of 33 years.

Very loyal customer base, all of whom appreciate the personal service for which the business is renowned.

Stock at valuation (SAV) will be charged in addition to the selling price.

This is a genuine retirement sale after many decades of ownership. Our client is keen to see that the business continues to thrive post-sale, and a comprehensive handover will be made available to the new owner(s) if required.

Property Information

Property:

Leasehold

Lease Terms:

The current rent is £18,500 per annum, paid quarterly in advance. We understand that a new lease will be made available to the purchaser, subject to the usual financial checks and referencing.

Location:

The shop is superbly located within a grade 2 listed Victorian arcade.

Premises Details:

Well maintained double-fronted ground floor premises totaling approx. 75.43 sq m/812 sq ft.

Business Operation

Reasons for selling:

Retirement.

Trading hours:

Monday-Saturday: 10.00am-5.00pm, Sunday: closed.

Employees:
There are two part-time employees in addition to the owner.
Years established:
33

Other Information

Support & training:

Tailored to the requirements of the purchaser.