Retailer Of Larger Size Lingerie With Owners Accommodation

Price:

Leasehold - £27,500

Turnover:

Seller Ref:

1260RM

Location:

Essex

Business Type:

Retail businesses

See Other:

Lingerie shops for sale in Essex
Clothes shops for sale in Essex
Retail businesses for sale in Essex

Description:

THE BUSINESS:

HISTORY

• Established by the vendor over 20 years ago on current site
• Steady growth has ensured a reliable repeat customer base
• Excellent relationships developed with wide range of lingerie suppliers
• Relationships developed with local clinicians ensuring ongoing stream of referrals

REASON FOR SALE

• Retirement

PRODUCTS

• Full range of ladies lingerie offered in a variety of sizes including larger fittings
o Fantasie
o Freya
o Bestform
o Triumph
o Adore
o Cleo
• Range of ladies’ accessories

SERVICES

• Full fitting and consultation service offered
• Advice and fitting to customers following mastectomies
• Advice following referrals from clinicians for back ache

CUSTOMERS

• Female of all age ranges but mainly aged over 40
• Customers travel significant distances for individual attention
• High repeat rate

PREMISES

• Traditional shop unit, with owners accommodation, garden and parking
• Shop area fitted with racking and shelving appropriate to trade
• Large sales counter
• Double window display
• 2 changing rooms
• Office
• Kitchen
• WC
• Family bathroom
• Double bedroom
• Lounge
• Garden with shed
• Parking for up to 4 vehicles to the front

STRENGTHS

• Excellent location in popular destination shopping
• Good relationships with wide range of suppliers
• Limited competition locally
• Wonderful brand name included within consideration price
• Substantial client base with specialist referrals
• Owners’ accommodation above the shop if required

POTENTIAL

• Introduction of website
• Broadening of customer range
• Introduction of additional product lines
• E bay
• Increased business development activity
• Introduction of loyalty card system
• Attendance at trade shows or wedding fairs
• Additional opening hours
• Evening themed events

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Prominently sited shop close to town centre of large Greater London conurbation • Easy access for customers with parking to the front of the shop • Range of complementary businesses on the street • Mixed area of residential and commercial development

Lease Terms:

• Original Lease 24 years • Lease Remaining 2.5 years • Rent £13,500 per annum • Rates TBC

Trading Hours:

• Tuesday to Saturday 9:30am to 5pm • Sunday and Monday closed

Accommodation:

• Kitchen • WC • Family bathroom • Double bedroom • Lounge