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Ladies Fashions Retail Outlet Located In Helston For Sale

Helston, Cornwall, UK
Asking Price:
£19,950 Furniture / Fixtures included
Turnover:
£50,000
Net Profit:
Undisclosed

Ladies Fashion Retail Outlet Located In Helston. Mother Of The Bride & Groom Wear. Established Business.

Veritas Business Sales are delighted to offer for sale this established Ladies Fashion retail outlet which is located in Helston, Cornwall. The business was established by our client 15 years ago and they are now offering the business for sale so that they can enjoy a well-deserved retirement. Since ownership they have regularly decorated, refurbished and invested in new fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Manor Fashions is owner operated and has an annual turnover of circa £50,000. The business is one of the few stores in the country retailing exclusively Special Occasion & Wedding Guest outfits for Mother of the Bride and Mother of the Groom. They have a reputation for personal service on a one-to-one basis in a relaxed and friendly atmosphere which attracts customers not only from Cornwall but Devon, Somerset, London and further afield. As an independent retailer they offer an exclusive range of outfits which are not available in department stores and therefore allow the customers to wear unique outfits. There is also a smart casual section offering everyday wear.
We believe that there is further potential to increase trade should you wish to do so by opening on Sundays, Mondays. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many visiting tourists. This is a superb opportunity to purchase a growing business with further potential which is a great base to build upon and as such early viewing is highly recommended.

Property Information

Property:

Leasehold

Lease Terms:

Term: 6 Years
Remaining: 8 months
Rent: £10,000 pa
Reviewed: 3 yearly
Business Rates: zero

Location:

This Leasehold Ladies Fashion retail outlet is located in the Cornish town of Helston, Cornwall. Situated on Meneage Street in the town centre, offering residents convenient access to shops, schools, parks, and other amenities. road side parking is available as well as two shoppers car parks. Helston's historic architecture and charm can be seen in buildings around the area. The nearest railway station is Camborne, which is approximately (8 miles) away. The area is also well served by A roads, with the A394 being within easy driving distance of the property, which links to the national A road and motorway networks. Helston is (12 miles) east of Penzance and (9 miles) southwest of Falmouth.

Premises Details:

Ground Floor
Retail area (6.1m x 10.9m) comprising: sales counter, various clothing display rails with covers, 2 changing rooms, hand-bag display rail, various shelves, wooden shelving unit and 2 x chairs.
Storage room & office (=3.1m x 3.3m) with desk, chair, various shelving, filing cabinet and printer.
Storage cupboard (1.2m x 2.0m) with various shelving.

First Floor
Kitchen (3.4m x 3.8m) comprising: kitchen cupboards with sink and drainer, microwave, kettle, various shelves and lockers.
Storeroom (3.1m x 1.8m).
Toilet (2.4m x 2.2m) with W/C, wash basin and wall mounted mirror.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Retirement

Trading hours:

Tuesday – Saturday – 09:30 – 16:30
Sunday & Monday – closed

Years established:
15 years

Other Information

Inventory / Stock value:
£5,000