Ladieswear Retailers for sale in West Kirby

View the "Two Boutique Clothing & Gift Shops In Wirral" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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John Peacock (Feb 2017)
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Leasehold Price: £129,950 Annual Turnover: £261,841 Gross Profit: £144,960
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Business Description
Both Stores In Excellent Town Centre Locations
Established Brand Since 2011
Combined Annual Turnover £261,841(Audited)
Gross Profit £144,960(Audited)
Exclusivity to ChloBo Jewellery
Huge Potential To Tap Into Online Sales
Scope To Introduce Social Media
Parking Available At Both Stores
Many Repeat Customers
EPC - D
REF 6409 – Two Leasehold Boutique Clothing & Gift Shops

Blacks Brokers are pleased to bring to the market these two leasehold boutique clothing and gift shops located in Heswall and West Kirby, Merseyside.

INTRODUCTION

Mooch was established in 2007 by our client to create an individual, high end, clothes and gift shop. The first branch was opened in West Kirby selling gifts, clothes, jewellery, accessories, candles and much more. Our client worked hard to gather momentum and a large, repeat customer base. Due to expansion, in 2014, our client opened the second branch in Heswall. This has also quickly gained a large customer base and superb reputation. The business has won exclusivity of the jewellery designer ChloBo and stocks a range of products in both stores.

LOCATION

West Kirby: The shop is positioned within the busy town centre, close to other independent shops and businesses along with large multiples including Morrisons and Superdrug. This area is densely populated and being close to West Kirby beach, attracts plenty of passers by and visitors. Two hours free parking is available within the immediate vicinity of the shop and public transport links are excellent. West Kirby is well linked by the A540 and B5192.


Heswall:Heswall is a thriving town which is well linked by the M53. The area is again, densely populated and only a short drive from West Kirby. The shop is nestled within another busy area close to both independent shops and large multiples including a Tesco Superstore. Public transport links are good with the local bus terminal close by and there is free parking for up to four vehicles available to the rear of the building.

REASON FOR SALE

The business is ideally suited to a hands-on owner-operator, however the business is currently run under management due to our client’s family commitments and lack of time to dedicate to these busy shops.

LEASE

West Kirby: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 a rolling lease running at a cost of £355 per week. A new lease is available with completion of this sale.

Heswall:
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 a five year lease and began in 2017 at a cost of £336 per week.

BUILDING LAYOUT AND DESIGN

West Kirby:The business operates from an imposing corner property within a busy parade of shops. The business has excellent branding and signage displayed above a fully glazed frontage with appealing window display in place. Inside, the main shop is presented to a high standard with wooden flooring fitted throughout and attractive décor. Products are displayed on a combination of wall displays, free standing cabinets and clothing rails. To the rear is a kitchen for staff use. The first floor comprises of a storage area, toilet and additional shop space with two private changing areas. CCTV is fitted throughout the premises and there is a large service area to the rear of the property.

Heswall:This shop occupies a spacious, two storey, end terrace property. The branding and signage matches that displayed at the West Kirby branch and again the frontage is fully glazed with attractive window display in place. This shop is similar is layout and presentation to the West Kirby branch, with the added bonus of parking to the rear for four vehicles.

STAFF

The business is currently operating with five members of staff in employment including a manager that runs the shops in our client’s absence. The staff work within both branches as and when required and our client works on a part time basis overseeing the management, stock and staffing.

FINANCIAL DETAILS

Mooch has traded solidly since opening and flourished since the opening of its second branch in Heswall. We are advised that the business currently has annual turnover of £261,841. This a combined turnover from both branches.

SUMMARY

This leasehold business has two successful branches within two busy and popular town centres. There is plenty of scope to further enhance this business with the introduction of an online shop. There is also potential to expand the product lines further, increase opening hours and lower staffing cost with the introduction of an owner operating team able to staff both branches. This proposition would therefore 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. Fixtures:
Shutters

Racking

Shelving

Glass display cabinets

Till

CCTV in West Kirby (6 points)
Trading Hours:
West Kirby
Mon - Sat - 10am - 5pm
Sun - 12pm - 4pm

Heswall
Mon - Sat - 10am - 5pm
Sun - Closed

Tenure: Leasehold

Location Details: West Kirby

Leasehold Term: Rent: West Kirby £355 / Heswall £336

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6409
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