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Key Facts

[Ref: DBS060087]

Business For Sale : ESTABLISHED DESIGNER RETAIL PRAM BUSINESS
Location : Essex, UK
Leasehold | Asking Price: 105,000

Contact: Dedman Business Sales

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Business Description

We are favoured by the vendor in the sale of this established retail pram business that has been trading for in excess of 30 years. The owner has a fantastic reputation not only with long-term customers but also amongst the industry where one stockist has given this shop platinum stockist status. The designer brands retailed in this shop include Maclaren, Bebecat, Silver Cross, Mamas and Papas and many more. The business has an excellent turnover and accounts that reflect this are available upon request (subject to receiving a signed confidentiality agreement).

Premises Comprise

This shop is located in a corner position with a large car park opposite. Being from within yards of the town's high street, this business benefits good exposure to a main thoroughfare with high visibility to both foot and vehicular passing trade. The unit is glass fronted with double entrance doors into the main retail area. This area is fully carpeted, with high eaves providing plenty of display areas on more than one level. This area is open plan with drop down strip lighting and ceiling fans. The decor is tidy with hand paintings on the walls to fit in with the theme of the shop. There are also two display areas to the rear of the retail area in the style of two bedrooms displaying other associated products such as bedroom furniture and accessories, products that this business also retails. This continues downstairs as further bedroom furniture is displayed in the full height basement which, has been fitted to a high standard with laminate flooring throughout, spot-lighting and partitioned areas to imitate bedroom living. There is a rear yard area for further storage, although this is not covered from the weather presently. WC facilities are found on the 1st floor of the premise.

Turnover

We are advised by our client that the current turnover exceeds £350,000 per annum. Accounts are available upon request once Dedman Business Sales are in receipt of a signed confidentiality agreement (please request).

Tenure

The premises are currently let on a full repairing and insuring lease at a rent of £9,750 per annum exclusive. Our client does lease a separate warehouse at another location (not connected with the shop), this is within close proximity. It is not contracted to be let with the shop however; our client advises us that this local storage facility is extremely beneficial at a rent of £350.00 per calender month, Rates £3200. Will be a new to lease which will be negotiated, could be up to 12years. a year.

Conditions of these particulars are issued by Dedman for themselves and for the vendors and lessors of this property whose agents they are give notice that: These particulars do not constitute, nor consitutue any part of an offer or a contract. All statements contained within these particulars as to this property are made without responsibility on the part of Dedman, or the vendors or lessors. None of the statements contained within these particulars are to be relied upon representations of fact. Any intending purchasers or lesses must satisfy themselves by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. The vendors do not make or give any person in this firms employment any authority to make or give any representations or warranty in relation to this property.

 
 

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