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Key Facts: [Advert Ref: BFS34157]

Business For Sale : Specialist Ladies Boutique
Location : Norfolk, UK
Leasehold | Asking Price: 65000 pounds sterling plus SAV

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Business For Sale: Ladies Fashion Boutique - East Anglia, UK

Specializing in Ball Gowns, Prom Gowns, Evening Wear, Bridal Gowns, Mother of the Bride and Quality Fashion Jewellery

Major Affluent East Anglia City - Rarely Available Prime City Centre Position

Next To Major Shopping Mall Surrounded by National Department Stores

Rarely does such an excellent opportunity become available in such a sought after position. Only for sale due to retirement, this well organised and profitable business is available on a leasehold basis. Trading from a 3 storey building in a prime city centre high footfall position. The premises are maintained to a high standard. The business has a wide ranging reputation for its excellent choice and service, with customers throughout East Anglia and further afield.

Location

The Business trades from high profile premises, located in the city centre of a very affluent East Anglian city. It is adjacent to a major shopping mall and benefits from this prime rarely available position.

The city is renowned as a major shopping centre and is listed as the 7th best shopping city in the UK and the 10th most visited by tourists in the UK.

National business's such as Debenhams, John Lewis, Marks & Spencer, Pizza Hut, J. D. Weatherspoons are all around the premises.

The Premises are a 5 minute drive from the main railway station and about a 10 minute drive from the international airport and a mere 5 minutes walk from the bus station.

The Business Premises

The shop is accessed from the half glazed single door in the triple windowed shop front.

Ground Floor: The stylish layout projects warmth and charm. Filled with an extensive range of high quality Evening Wear, Ball Gowns, Prom Gowns and Special Occasions Wear, all displayed on quality chrome rails with glass display shelving above. There are two illuminated glass counters from which quality fashion and bridal jewellery are sold.

Two mirrored changing rooms are at the rear of the shop as is the door to staff toilets and a private court yard.

First Floor: The stylish theme continues throughout with a stunning display of Bridal Gowns, Bridesmaid's Flower Girl and Mother of the Bride and a selection of Bridal fashion jewellery. There are 2 two changing rooms on this floor and also full height wall mirrors.

The spiral staircase are clients first impression on entering the firstfloor and serve to enhance the warmth and charm the business projects.

Second Floor: The Spiral staircase which is in itself a feature, leads to the recently refurbished alterations room, fitted with quality chrome hanging rails, an indrustrial sewing machine, work table and a large changing room, there is also chrome rails for additional stock.An alteration service on the premises has been recently introduced and is already growing fast.

The entire premises are carpeted throughout.

The Business

The Business has been established for approximately 14 years, the Bridal Boutique on the first floor operates on a "No appointments required" basis with customers able to purchase immediately from from stock instead of having to place orders.

The business has built up a wide ranging enviable reputation for its choice and friendly customer orientated service. This unique formula has resulted in continual sales growth.

Sales: The business has a substantial turnover and operates on high Gross Profits, full sales figures will be provided after viewing by genuine interested purchasers.

The Business has no creditors or debts, all stock, fixtures and fittings etc (with the exception of the CCTV & security System which is rented) are owned outright, which is a good indication of the viability of the business.

Hours: Monday to Saturday 9am to 5.30pm with no late night, Sundays or bank holiday openings.

Staff: The business is managed by the vendors with the assistance of full and part time staff

Tenure: Leasehold fully renewable Insuring & Repairing lease within the Landlords and Tenants Act with a friendly private landlord. New 15 year lease available.

Rent: Only £15,500 per year which is very low for such a prime city centre position.

Rates: payable £5, 5,083.75p

Valued by a business Agent At £145,00

As the vendors want a quick sale due to ill health they will accept £65,000 for the benefit of the Leasehold, Goodwill, Fixtures and Fittings plus stock at valuation.

Note: The vendors carry a high stock value, which can be reduced if required after exchange of contracts