Clothes Shops for sale in Cumbria

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Extremely Busy Clothing & Accessories Shop in Keswick

Cumbria, England

  • Leasehold Price: £79,995
  • Turnover: £225,472
  • Gross Profit: £115,216
Seller Reference: B05786
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Business Description
 
 
 
 
 
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Seller Reference: B05786
Request Details
Business Description
Business
Please Quote Reference B05786

Hilton Smythe is delighted to welcome to the market an extremely busy and well-established ladies’ clothes and accessories shop, which is ideally located. The business was established by our client in 2010, and relocated to a bigger premise with more footfall.   

The business currently stocks products such as sweaters, blouses, dresses, trousers and accessories to name a few. The shop also specialises in Ethically Produced Clothing, which attracts customers from further afield.

Our client has built up an excellent reputation within the area with lots of repeat trade and word of mouth recommendations. The business boasts an excellent 5-star rating with customers comments such as ‘Love this place! I went in as I was just walking by and was so surprised at how lovely and helpful the staff were. Would highly recommend!’ and ‘Fabulous ladies clothing store, something for everyone at great prices. The staff are marvellous, they take the time to help you choose garments to you to suit you not their sales figures!’  Our client is offering a handover period to ensure the continued success of the business.

Along with the retail shop our client also has a sales website, and eBay shop. The Epos management system works with the sites to ensure the same item is no longer listed once sold.

The business currently operates 6 days per week, generating a turnover in the region of £225,000 per annum.

The property is very well maintained, with modern décor and lighting, fully fitted to suit the trade, with central displays, slat wall paneling, window display and shelving, with 2 fitting rooms with large mirrors.

A new owner could embark on a modern marketing campaign to promote the business and goods offered. There are also options to push more online sales.

This is an excellent opportunity for a new owner, perhaps a partnership, to take the already thriving business to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.

Location
The business is in Cumbria.  

The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade. The business further benefits from ample car parking facilities nearby.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

Premises
The premises is extremely well presented with an inviting atmosphere, the shop floor is kitted out to suit the trade, with excellent eye-catching signage.

Large open plan retail area with central clothing rails, counter with epos till and card reader, 2 x Fitting rooms and office & WC.

Stock at value is iro of £40,000 - £50,000.

The shop is fitted with a smart cctv system and fully alarmed.

Tenure
Leasehold - currently a rolling lease is in place, however a new lease could be obtained from the landlord, we are advised a 5-year lease will be offered at time of sale. The annual rent is £11,500 + service charge of £2,228 per annum.

The business further benefits from being rates exempt.

Hours
Monday - 10am - 5pm

Tuesday - 10am - 5pm

Wednesday - 10am - 5pm

Thursday - 10am - 5pm

Friday - 10am - 5pm

Saturday - 10am - 5pm

Sunday - Closed  

Staff
The business is owner managed with 2 part time staff members.

Financial Profile
The business reports a turnover for the last year of £225,472 with a gross profit of £115,222. For further information quote reference B05786.

Tenure:
Leasehold
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