 | Two Shoe And Handbag Shops For Sale West Midlands, United Kingdom Advert ref: TRB.1247 FINANCIAL DETAILS | Asking price: £55,000 Sales revenue: Undisclosed Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | We are pleased to offer this business For Sale through THE BUSINESS PARTNERHIP.
Two established ladies shoe and handbag stores in prime city centre and town centre locations. The city centre shop is the larger one of two, set in a delightful position in a Victorian Arcade among a selection of quality businesses. There has been significant development in the area which is nearing completion and should offer an excellent opportunity to take the business forward over coming years. The second, smaller unit is in a busy town centre shopping centre to the north of the city. The retail areas are circa 48m2 (city centre) and 30m2 (town centre) with first floor storage in both. They are both well presented throughout, with quality fixtures and fittings, all in accordance with a shop of this size and nature
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GENERAL INFORMATION | Employees: Part time by the vendor with 4 part time members of staff.
Property: Leasehold
Lease terms
City Centre – 11 years remain at
outgoing rent of £15,000 per annum, rates payable £566 per month plus service charge & insurance. Town Centre – x years remain at rental of £5,948 per annum, rates £213 per month plus insurance.
Location
The city centre shop is the larger one of two, set in a delightful position in a Victorian Arcade among a selection of quality businesses.
Reasons for selling
Retirement
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire | | | |
