Business for sale

Business description

Le Prado Womanswear in the centre of Perth is a beautiful and individual boutique selling exclusive fashion, designs and accessories.

With a range of womanswear labels including Cash, Date, Denim Studio, Biscotte and Unique Boutique the business has established itself as a boutique offering quality womanswear at affordable prices with excellent customer service.

This is a well managed and very profitable retail business enjoying annual net profits in excess of £33k.

Annual turnover is currently around £150,000 with a loyal customer base in an excellent city centre location. Full accounts are available to serious interested parties after viewing.

GENERAL INFORMATION

Employees: This is an easily managed business currently run by the owner with three part-time staff.
Trading hours: 9am - 5.30pm Monday to Saturday.
Property: Leasehold

Lease terms
Leasehold. A new lease is available at £12,000 per annum. The owner will also consider offers for the freehold property. Rateable Value £7,900.

Living accomodation
The premises comprise the ground and basement floors of a four storey tenement building with an impressive frontage providing superior window displays. The spacious interior comprises a modern, well fitted retail unit with new carpeting, lighting and decor. The ground floor of approximately 38m2 (409sqft) comprises sales area, two customer dressing rooms, staff WC and rear storage area. The access to the basement is through a floor hatch at the rear of the shop and extends to approximately 38m2 (205sqft). A rear facing window is an excellent source of natural light.

Location
The premises are on George Street in Perth city centre. Close to the Art Gallery, Museum and Perth Concert Hall, George Street is a diverse mix of independent retail outlets, cafes, hotels and estate agents. Adjacent retailers are Your Move, Next Home and Parkes.

Competition / Market
Perth is a prosperous city with a high number of quality independant retailers.

Financing available
To assist with your business purchase The Business Partnership offer a range of competitive credit packages from a wide range of banks and finance companies.


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