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Shop for sale

Longcauseway, Bolton, Greater Manchester, BL4

Leasehold 94 sq. m. | £8,000

Property Description

Commercial information

  • Business for sale
  • 1,011 sq ft (94 sq m)

Key features

  • REF 3086P
  • LEASEHOLD BUSINESS

Full description

Tenure: Leasehold

LOCATION
Sew Special occupies substantial two storey premises, ideally located on the very busy Longcauseway in the town of Farnworth, near Bolton, Greater Manchester. The business is situated within a small parade of complimentary shops and businesses and benefits from a high volume of footfall and passing trade. The business further benefits from on-street parking facilities within the vicinity.

Farnworth is a town in the Metropolitan Borough of Bolton in Greater Manchester. Historically in Lancashire, the town lies on the River Irwell and River Croal. According to the 2011 census, Farnworth had a residential population of 25,264. The town is a popular place in which to live and work, due to its close proximity to Bolton, Bury and Manchester.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. Farnworth railway station is just a ten minute walk away. The area is also well served by the A-road and motorway networks, with both the A666 and M61 motorway being just a short distance away. Bolton is approximately 3 miles away and Manchester is 10 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy clothing alteration business in Farnworth, Greater Manchester.

The business was established by our client in 2007 and is only now being offered to the market due to our client's desire for a well-deserved retirement and family commitments. The business currently operates 5 days per week and generates a turnover in the region of 45,000 per annum.

Our client offers alterations to a variety of clothing including bridal dresses, bridesmaid dresses, suits, prom dresses and evening wear, to name a few. The business specialises in high quality wedding dress alterations, whether it's a small alteration, restyling, remodelling or made to measure. Our client also specialises in all fabrics including lace, silk and chiffon.

The business has built up an excellent reputation within the area for the very high quality of the services offered, which has resulted in a very loyal client base, with good repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening on Mondays, as the business is currently closed on this day. A new owner could also embark on a modest marketing campaign, perhaps by contacting wedding shops within the area. The business already has an excellent website in place to promote the business and services offered.

This is an excellent opportunity for a new owner to take this already busy business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

PREMISES
Substantial two storey premises in an ideal trading location, briefly comprising:

Lower ground floor:

Cellar, could be used for storage.

Ground floor:

Secured entrance.
Customer waiting area.
Reception area with counter.
Workshop to rear.
Fully fitted kitchen.

First floor:

Fitting room with dress display.
Changing room.
Small office area.
Large stock and storage room.
WC.

Equipment included:

3 x flatbed sewing machines.
Overlocker.
Industrial ironing board.
Industrial steamer.
Iron.
Serve over counter with electronic cash register.
Desks, chairs and PC.
Two seater settee.
Display cabinet.
Rails and racking.
4 x mirrors.
Refrigerator, kettle, toaster and microwave oven.

External:

Well signed.
Shutters to front.
Rear yard.

TENURE
We are advised Leasehold:

Original lease length: To be advised
Remaining lease length: Ends October 2016
Rent: 417 per month

HOURS
The business is open:

Monday: Closed
Tuesday - Friday: 9.00am - 5.00pm
Saturday: 9.00am - 1.00pm
Sunday: Closed

STAFF
The business is owner run and managed with one staff member.

FINANCIAL PROFILE
The business generates a turnover in the region of 45,000 per annum.


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