Clothes Shops for sale in Harrogate

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Ladies Clothing Manufacturer Shops in 2 Locations

Harrogate, North Yorkshire, England

  • Leasehold Price: £130,000
  • Annual Turnover: £215,438
  • Annual Gross Profit: £192,960
Seller Reference: 6358
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Business Description
 
 
 
 
 
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Seller Reference: 6358
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Business Description
Women's Clothing Manufacturer + Retail Outlets
2 Retail Shops In Great Trading Locations
Well Established Women's Clothing Brand
Annual Turnover £215,438
Gross Profit £192,960
Senior Sales Managers at Both Locations
Huge Potential In Online E-Commerce Sales
Social Media Presence
Retirement Sale
Handover Period Offered
EPC - C
REF 6358 – Leasehold Ladies Clothing Designer & Manufacturer With Two Branches

Blacks Brokers are pleased to bring to the market this leasehold ladies clothing design and manufacture business with two branches in Norfolk and Harrogate.

INTRODUCTION

The fashion label was created in the early 1980’s by our clients to create high quality, lovingly crafted occasion wear. Still to this day all clothing is manufactured in the UK, with our client designing and manufacturing from a home workshop. The clothing is then purchased from one of two boutiques – these are located in Harrogate and Norfolk. Both boutiques are run under management with our client heading up design, manufacture and administration from the workshop.
The brand specializes dresses, soft suits, and jackets for all occasions. Each garment is hand made from start to finish. Many of the designs are timeless and therefore new stock arrives all year round. The website is well presented and offers a great deal of information on each garment. At present the website does not offer any e-commerce facilities as its primary function is attract customers to the stores but this certainly could be a good option for a new buyer to introduce.

LOCATION

Harrogate

Harrogate is an affluent, picturesque area of North Yorkshire well linked by the A661 and A61. Montpellier Parade is situated in The Montpellier Quarter in Harrogate in amongst similar boutique style businesses and some of the finest cafes and restaurants in the area including the famous Betty’s Tea Rooms. Transport links are excellent with Harrogate Station just a small walk away and this offers direct services from both Leeds and York. Parking is available close by.

Norfolk

Holt, Norfolk is again, an affluent and picturesque town. The area is well linked by the A148 and as with the Harrogate position, the boutique is positioned within the town centre. The Apple Yard is a delightful pedestrianised area of the town centre that provides a perfect setting for the business. In amongst independent retailers and large high street names. The Appleyard is supported by a car park to the rear of the development.

REASON FOR SALE

After over three decades of operating the label our clients feel that the time is now right to put the business on the market as they wish to retire completely from the business.

LEASE

Harrogate, North Yorkshire

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is six years and began in 2018 at a cost of £278 per week.

Holt, Norfolk

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease began in 2012 at a cost of £276 per week.

STAFF

The business is currently operating with our two clients in full time employment working from their home workshop. They are supported by two, part time members of staff completing design, manufacture and overseeing administration of the boutiques. The boutiques are operating under management with two part time members of staff based in each branch.

FINANCIAL DETAILS

Full financial details will be available upon meeting with our client.

BUSINESS RATES

The rateable value for Harrogate is £73 per week and £103 per week for Holt. Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This leasehold business is long established and very well known in this business sector. Our client has established a large base of regular customers and a superb reputation. There is scope to develop the business further with the introduction of an online ordering service and deliveries, along with longer opening hours for the boutiques. The head office, designing, pattern work and cutting of their stock is not carried out in the same geographic location as the garment manufacturing or the two boutiques. This works very smoothly and therefore means that it is not necessary for any purchaser of the business to be tied to a particular area of the country. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Trading hours:
Both Shops -
Mon - Sat - 10am - 5pm
Sun Closed
Tenure:
Leasehold
Location Details:
Harrogate
Leasehold Term:
£276 Per Week Holt / £278 Per Week Harrogate
Listed by:
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