Ref: GAT2153
Gator Business Sales are pleased to be able to offer for sale this exceptional ladies fashion retailer.
Ideally located in one of Bournemouth’s most popular and affluent suburbs that is particularly well-known for its variety of independent shops, cafés and restaurants.
The shop sells a comprehensive range of premium ladies fashion including separates, cruise and formal wear, dresses, casual wear, all very carefully selected by our client.
Of particular note is the longevity of the business which has been continuously and profitably trading from its present location for in excess of 33 years.
Very loyal customer base, all of whom appreciate the personal service for which the business is renowned.
Stock at valuation (SAV) will be charged in addition to the selling price.
This is a genuine retirement sale after many decades of ownership. Our client is keen to see that the business continues to thrive post the sale, and a comprehensive handover will be made available to the new owner(s) if required.
Property Details: Leasehold
Asking Price: £45,000
Turnover: £205,000
Trading Hours: Monday-Saturday: 10.00am-5.00pm, Sunday: closed.
Employees: There are two part-time employees in addition to the owner.
Location: The shop is superbly located within a grade 2 listed Victorian arcade.
Premises Details: Well maintained double-fronted ground floor premises totaling approx. 75.43 sq m/812 sq ft.
Lease Terms: The current rent is £18,500 per annum, paid quarterly in advance. We understand that a new lease will be made available to the purchaser, subject to the usual financial checks and referencing.
Reason for Sale: Retirement.
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