Dress Hire for sale in Teignmouth

View the "DRESS AGENCY & LADIES FASHION RETAIL" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

DRESS AGENCY & LADIES FASHION RETAIL

Teignmouth, Devon, England

  • Leasehold Price: £16,995
  • Annual Turnover: £52,489
Seller Reference: W34472N
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Business Description
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: W34472N
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Business Description
Destination DRESS AGENCY with some LADIES FASHION RETAIL, popular SOUTH DEVON town, occupying bustling TEIGNMOUTH town centre trading position, highly visible and easily accessible. Fronting busy pedestrian thoroughfare within the popular ‘Arts Quarter’, surrounded by other popular businesses, car parking close by, on route to seafront, beaches and attractions.

Attractive premises, particularly well fitted, offering front and rear retail/display areas, fitting rooms, storage, kitchen and cloakroom facilities, benefits from state of the art dress agency computer system. Enjoying favourable lease terms and day to day overheads, rent less than £150 per week and currently receiving 100% business rate relief.

Established business in existence in excess of 12 years, selling quality top branded clothing and accessories on a 50:50 basis avoiding the need for stock, only stocking a small amount of new clothing, attracting customers from a wide catchment area, boosted by visitors to the area. Growing business with Sales increasing year on year, Sales 2019 £66,193, Gross Profit £29,000, minimal overheads, Net Profits approaching £20,000 to working owners.

Leasehold £16,995 sav Ref: W34472N

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