Shop for sale

Worcestershire

£45,500

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Leasehold

LEASEHOLD LADIES CLOTHING & ACCESSORIES SHOP
Situated in the beautiful market town of Pershore, Worcestershire
Exceptionally well presented and well appointed throughout
Advised turnover 153,000 PA with good GP returns
Early interest and viewing is highly recommended
Sale price includes all fixtures and fittings
Renovated to a very high standard
Pure turnkey opportunity business
Ideal lifestyle change opportunity
LEASEHOLD

Location

This truly exceptional ladies clothing and accessories shop is located in the picturesque Market Town of Pershore situated on the River Avon, approximately 10 miles from Worcester, 6 miles from Evesham and only 7 miles from Junction 7 of the M5 motorway. The town is famed for its elegant Georgian architecture and magnificent Abbey and has been designated as a site of major architectural importance by the Council for British Archaeology. The town has a number of specialist shops, an undercover market and many welcoming pubs and restaurants. Flax is centrally located in a modern well maintained shopping arcade adjacent to the towns main on-street parking area.

Business History

Meridian Business Sales are delighted to offer for sale this truly exceptional ladies clothing shop which has a proud history dating back to 1985. Our clients have owned the business since 1994 and are offering it to the market now in preparation for their planned retirement. The business, which is run and managed by the owners with the assistance of a number of experienced staff, achieves a very respectable advised annual turnover of 153,000. Flax has a reputation for high quality fashionable ladies clothing and accessories and is well known throughout the region drawing customers from across Worcestershire and the West Midlands more generally. The business has always enjoyed excellent levels of repeat trade and new customers appear regularly from word of mouth recommendations. This is arguably one of the most well presented ladies clothing shops Meridian Business Sales has had the pleasure to take to the market. As such it offers any new owner an excellent base on which to build and we urge early interest in this rare and exciting opportunity. Shops of this stature rarely remain on the market for long.

Financial Profile

Turnover: 153,000pa

Gross profit: 45%

Stock approximately: 45,000

Tenure

Leasehold

Open to negotiation
Rent: 9,500pa

Opening Hours

Monday: 9:30am - 5:30pm
Tuesday: 9:30am - 5:30pm
Wednesday: 9:30am - 5:30pm
Thursday: 9:30am - 5:30pm
Friday: 9:30am - 5:30pm
Saturday: 9:30am - 5:30pm
Sunday: Closed

Accommodation

Exceptionally well presented shop offering 2 large display windows, secure entrance, large open plan retail area, 3 sizeable changing room kiosks, consultation/seating area, reception serving desk with jewellery displays, first floor mezzanine, storage cupboard, toilet with wash basin, small kitchenette, storage and alterations desk.

GROUND FLOOR
Situated within a well presented retail arcade with 2 x large front display windows (excellent advertising and large display space) and secure double door grand entrance leading to:-

Large open plan display retail area with fixed garment display railing system, shelving and racking for accessories display and several free standing displays.
Rear serving payment reception with display desk showing jewellery and small accessories.
Additional garment displays, 3 large well presented changing kiosks plus seating/consulting area with sofa and table.

Fire escape, side storage cupboard with toilet and wash basin plus stairs access to first floor mezzanine.
FIRST FLOOR
Mezzanine floor (possible additional retail area if desired) comprising of:

Large storage/work/preparation area, stockroom with racking and shelving, small kitchenette with worktop, cupboards, microwave and fridge.

EXTERNAL
Very well presented retail arcade
Neighbouring free communal parking


Nearest station

  • Pershore (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Street View

Nearest station

  • Pershore (1.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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