Operating as a Men's Hire Business stocking some of the best name brands
Two Large Public Car Parks adjacent (Pay & Display) and FREE parking opposite
The premises are a total of approx. 2,000 sq. ft.
Ground Floor in the region of 1,250 sq. ft. fully carpeted. Fully fitted including counters, display stands, shelving, railing and custom reclining area. The hire business leases a fully computerised system with a data base spanning several generations..
Office CCTV and up to date telephone system
Dry Cleaning area with dry cleaning machine, presses, spotting machines and staff area
Customer's cloakroom with w.c. and wash hand basin
Staffroom cloakroom with w.c. and wash hand basin
First Floor approx. 750 sq. ft. with additional changing rooms and a fully equipped sewing workroom..
Turnover : WE ARE INFORMED the turnover is currently in the region of £3,000 p.w. in our opinion offering tremendous potential for further development in the right hands. We are further advised that the sales year ending February, 2015 showed in the region of £175,000 inclusive of VAT with a gross profit of approximately 65% & a net profit in the region of £90,000.
ALL OFFERS CONSIDERED TO INCLUDE FRANCHISE, NEW LEASE, FIXTURES & FITTINGS & ORDER BOOK currently £25,000 and currently increasing at approximately £1,500 per week. RETAIL STOCK AT VALUATION IF REQUIRED plus hire stock, in the region of £50,000, if required to maintain current order book of £22,000.
Potential dry-cleaning and tailoring business to increase turnover is present untapped and could increase turnover significantly.
FREEHOLD AVAILABLE WITH SUBTANTIAL MORTGAGE TO AN APPROVED APPLICANT.
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Monday - Saturday inclusive - 9 a.m. - 5.30 p.m.
WEDNESDAY TRADING BY APPOINTMENT ONLY
Number of Employees:
We understand the business is operated by the vendor from home visiting a few times a week and helping out during holidays. Staff employed 1 full time (5 days a week) plus 3 part time staff. Other retired staff are on call during busy periods.
Tenure: Freehold, Leasehold
Location Details: Excellent trading position, HAMPSHIRE
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