Hilton Smythe are delighted to bring to the market an exciting opportunity to acquire on a leasehold basis, a long-standing designer lingerie boutique. The store has built up an enviable reputation over the years it has been trading, leading to an excellent loyal customer base within the local town of Dunfermline and further afield.
Upfront Lingerie offers some of the best designs from top brands in lingerie, swimwear and nightwear including brands such as FANTASIE, PANACHE, TRIUMPH , Prima Donna, DKNY, Sloggi and Wonderbra. The business prides itself on providing a bespoke service focused on the clients.
In addition to being very well stocked and offering excellent customer service there is scope to further increase turnover. By embarking on further marketing activities including, updating the website, an online outlet and utilising social media. The business has been placed on the market for sale as the current owner looks to retire in the near future.
An outstanding opportunity to acquire a well-established turn key business.
Early viewings come highly recommended.Location
Upfront Lingerie is located in a modern purpose built retail premises on the busy New Row within the town of Dunfermline.
The store benefits from a town centre location and is surrounded by a variety of complementary shops and businesses, resulting in a high volume of footfall and passing trade. The local area is very well serviced in terms of transport links and amenities.
Dunfermline is a town around 3 miles from the northern shore of the Firth of Forth. The town is a major service centre for west Fife. Dunfermline retains much of its historic significance, as well as providing facilities for leisure.Premises
Upfront Lingerie occupies a purpose built single fronted retail premises covering 134 square meters and briefly comprising:
Large glass fronted display area.
Well-presented and spacious showroom area with feature inset spotlighting.
Various purpose-built high end display rails, shelving and racking.
Service counter with electronic till point housing full EPOS system.
Three private fitting/changing rooms with full length mirrors.
Generous private office space.
To the rear of the premises there is the sale room with discounted stock, a further store room located to the rear giving access for deliveries and distribution purposes, fully fitted kitchen area along with two separate cloakroom/WC facilities.
The business also benefits from a CCTV & alarm system and also enjoys the use of two designated parking spaces to the rear of the building.Tenure
We are advised the tenure is leasehold.
Original 5 year lease.
4 years remain as of 2017.
Rent £20,000 per annum.Hours
Monday – Saturday: 09:30 – 17:30
The business is run and managed by the current owner with 4 part time members of staff.Financial Profile
Turnover in the region of £260,000 per annum.