Leasehold Jeans & Accessories Store For Sale
Business for sale
Asking Price:
£115,000
Turnover:
£260,000
Annual profit:
£107,484
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
12
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
Ref: n573City: Canterbury, Kent United Kingdom
Property: Leasehold
Description
The business is very well established, has been in the present hands for 30 years and is only being marketed as a result of the Vendors wish to retire.
Turnover - We are advised t/o averages £5,000 PWK @ 53% GP.
Premises – Mid parade premises with attractive frontage. Single entrance to: Retail Area 600 sqft, all round display shelving, 4 changing rooms to rear, counter with elect cash register, security tag system, CCTV system. First Floor: Store/Workshop area: with 3 sewing machines, steam press, racking. Second Floor: Sep. W.C and W/basin. Staff Room/ Kitchenette: St/stl sink. The premises also benefit from a Redcare alarm system. Fire escape to rear.
Terms of the lease/leasehold
The current lease expires in 2010. However we understand the landlords may grant a new lease to an incoming tenant. RENT - £23,500 P.A (5 year reviews)
Location and Property
These impeccably presented shop premises occupy a prime trading position in the City centre of Canterbury being amongst all the multiple stores, banks and offices, enjoying a high level of passing pedestrian trade.
Trading Hours of Business
9.30am – 5.30pm Mon - Sat (9 - 6 Sat) Closed Sun
