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Ladies Fashion and Furnishing Boutique

Price:
Leasehold - £175,000
Seller Ref:
V5825
Location:

Merseyside , Wirral, West Kirby

Business Type:

Retail businesses

See Other:
Fashion accessory shops for sale in Merseyside
Clothes shops for sale in Merseyside
Retail businesses for sale in Merseyside
Description:
THE BUSINESS:
Business History
The business was established in Hoylake in 2006 and relocated to West Kirby in October 2008.

Business Profile
Mooch is a unique lifestyle boutique which comprises designer ladies clothing, accessories, gifts and home furnishings at sensible prices. Hailed as "Wirral's most adored Lifestyle Boutique" by In Out magazine and more recently nominated for "Most Inspiring Independent Boutique" by Draper Magazine this is a truly rare opportunity to acquire a thriving business with an excellent reputation for quality brand led merchandise and personal service. The business benefits from exclusive rights with a collection of sought after designer brands such as Darling, Saint Tropez, Jovonna London, Chlo Bo and Vero Moda all of which help generate regular repeat business from local and regional customers. The business also benefits from a fully managed ecommerce website www.moochboutique.com offering great potential to increase sales and grow the business nationally and internationally. Excellent sales turnover for the year Sept 2010 of £316.994. The vendor will be pleased to consider a handover period to assist the buyer.

Financial Profile
This is a successful business . Jolley & Co. have accounts for the year to September 2010 showing sales of £316,994, a gross profit of £152,790 and a net profit which can be adjusted to £90,559. Furthermore the business is currently run largely under management with a potential greater profit for a full time working owner. September 2011 figures are also expected to show increases on 2010.

Uniform Business Rates
Prospective buyers should contact Wirral Borough Council on 0151 666 4100 for details of the rateable value and rates payable.

Accommodation:-
The premises were beautifully presented at the time of our visit and amount to approximately 122.5m² (1,318ft²). This is arranged over two floors and comprises a ground floor with an inset entrance, laminate flooring, suspended ceiling with spot lights and a separate kitchen and stockroom with exit doors to the rear. The first floor includes two changing cubicles, two toilets, an office and a storeroom.

Fixtures & Fittings
A schedule of fixtures and fittings will be made available for prospective buyers.

Price
£175,000 for the goodwill, fixtures and fittings plus SAV.
Location Details:
Location Occupying a prime trading location within a much favoured and affluent Wirral town. Situated in the centre of West Kirby and at the junction of Banks Road and Dee Road with Boots, Super Drug and Morrison's a short stroll away the business benefits from an excellent amount of footfall. The town is popular for it's trendy restaurants, pavement cafes and good quality independent boutiques. West Kirby is a desirable town and benefits from its beach, marine lake and promenade with views of Hilbre Island and North Wales across the Dee estuary. The town is a popular leisure time destination and attracts many visitors.
Lease Terms:
Tenure Leasehold. Five years from 2011. Rent £18,300 per annum.
Trading Hours:
Opening Hours 10:00am - 5:00pm Monday to Saturday, 12:00- 4:00pm Sunday.
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