HIGH-END BRITISH CLOTHES RETAILER IN PRIME CENTRAL CITY LOCATION

Price:

Leasehold - £59,995

Turnover:

Seller Ref:

Z3049L

Location:

London, City of London, London

Business Type:

Corporate Businesses, FRANCHISE RESALES, Retail businesses

See Other:

Childrenswear retailers for sale in London
Clothes shops for sale in London
Fashion accessory shops for sale in London
Miscellaneous businesses for sale in London
Retail franchise resales for sale in London
Retail businesses for sale in London
Corporate businesses for sale in London
Franchise resales for sale in London

Description:

THE BUSINESS:

LOCATION: Situated in a prime tourist area close to Tower Bridge and DLR. There is paid underground parking available nearby.

DESCRIPTION: The modern 670 sq ft retail unit is well located close to Tower Hill. Internally there is a well stocked customer showroom. There is also a changing room and store room. There is also a toilet. Viewing comes highly recommended.

EQUIPMENT: The retail unit is fully fitted for the retail clothing trade, including shelving, digital till, fixtures and fittings. There is also a 4 camera CCTV and burglar alarm.

BUSINESS: The business is well established and has been trading for 26 years. Takings are over £4,000 per week. The line of clothing sold is unique and high end branded resulting in good profit margins. Customers are typically affluent or tourists. The business is mainly staff run by 1 full-time and 1 part-time staff. Website which has a shopping facility is included in the sale. Full handover support and training included.

HOURS: 10.30 am to 6.30 pm Mon-Sun

ACCOMM: There is no residential accommodation.

TENURE: Lease renewed in 2005 for a term of 10 years and the current rent is £24,000 per annum with reviews every 5 years.

RATES: Business rates payable are approx £6,000 p.a.

NEGOTIATIONS: Strictly through Abacus Business Sales on 020 8144 7999

UP TO 100% FINANCE AVAILABLE to you when you buy this business with very low monthly payments (subject to status).

Visit www.AbacusBusiness.co.uk for lots of other businesses for sale NOT SEEN ANYWHERE ELSE.

PLEASE REGISTER with us right now so we can arrange a viewing for you today.

Location Details:

Situated in a prime tourist area close to Tower Bridge and DLR. There is paid underground parking available nearby.

Lease Terms:

Lease renewed in 2005 for a term of 10 years and the current rent is £24,000 per annum with reviews every 5 years.

Trading Hours:

10.30 am to 6.30 pm Mon-Sun