Suit Hire In Durham For Sale

Property Information

Property:

Leasehold

Lease Terms:

The premises are offered on a new EFRI lease at a commencing rent of £12,000 per annum. Full terms to be agreed.

Leasehold Rent:

£12,000 per annum

Location:

The business is situated on Sherburn Road at the junction with Gilesgate and Sunderland Road, approximately a mile east of Durham City centre. There are free car parking options nearby.Durham is an historic City approximately 15 miles due south of Newcastle upon Tyne with the benefit of a mainline railway station and direct access to the A1(M). There is a Cathedral and Castle plus a reputable University.

Premises Details:

This business has been trading for over 40 years and was established in 1984 but has been placed on the market as the owner wishes to retire.

The premises are configured to provide a display and retail space to the front with changing rooms off. Beyond the retail space there are alterations and staff welfare spaces plus a large stockroom.

Troughear Suit Hire has an excellent reputation with social media reviews that comment positively upon the value, service, quality and attention to detail that is provided.

The business offers suits for a range of events including proms, weddings, race days and other celebrations. All stock, which amounts to hundreds of suits, will be included in the sale and manufacturers include Torre and Witvorst.

This is a niche but very profitable business opportunity ideal for a new owner to develop further by utilising some modern marketing techniques and embracing wedding fayres.

Business Operation

Management type:

This business is owner operated.

Reasons for selling:

Retirement

Trading hours:

Mon, Tues, Thurs & Fri 9.00am - 5.00pm
Wednesday 9.00am - 12 noon
Saturday 9.00am - 4.00pm
Sunday closed

Employees:

Currently owner operated.