| (REF: 1056) Needlecraft,Wool and Childswear Store in Preston For Sale |
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| Seller Reference: |
1056 |
| B4S Reference: |
25942 |
| Asking Price: |
£19,995
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| Net Profit: |
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| Sales Revenue: |
£90,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Preston, Lancashire, United Kingdom |
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Key Features –
Current turnover in the region of £90,000 per annum
A prime main road trading position in select rural village
Stylish and spacious character showroom premises
Consistently high levels of turnover and profitability
Widespread local reputation and regular customer base
Lots of year round passing trade benefits
Huge development potential
Adaptable to host of alternative retail styles
Wonderful lifestyle opportunity
Secure renewable lease
Priced for quick genuine sale after many years
The Business
This is a very well established and highly regarded concern which enjoys all the considerable commercial and private advantages of a very prominent corner trading position on the busy main Liverpool Road (A59) through the very select village of Longton, which lies on the delightful rural outskirts of the vibrant Lancashire city of Preston.
Operating from substantial, secure and extremely well fitted semi-detached showroom premises of real charm and character, the business currently primarily conducts a popular retail operation of an extensive selection of knitting wools and patterns, together with associated needlecraft supplies and traditional haberdashery items. This business also stocks an excellent choice of designer-led children’s fashion wear lines and a range of collectable traditional wooden toys and gift quality soft toys, all displayed to its very best advantage in two bright, spacious and well appointed interconnecting showroom areas.
The business would also benefit greatly by adopting a far more vigorous marketing policy of its excellent existing products, particularly with reference to the introduction of online advertising and sales, in order to improve upon the already high levels of turnover and profitability it has achieved since being established some twenty-four successful
years ago by the current proprietor, with the aid of a small, experienced and motivated team of four part-time assistants who would be an asset to any purchaser.
Financial Information
Current turnover in the region of £90,000 per annum with good profits and scope to increase.
Lease
The premises are being offered with the benefit of a secure renewable 5-year lease with reviews every 5 years.
Rent
The current rent stands at approximately £11,900 per annum.
Business Rates
We are advised that the Business Rates currently stand at approximately £4,500 per annum.
Trading Hours
Monday to Friday 9.30am to 5.30pm; Saturday 9.30am to 5pm; Sunday – CLOSED
PROPERTY DESCRIPTION
Fitted and presented to high trade specifications throughout, these substantial and well maintained DOUBLE LEASEHOLD SEMI-DETACHED provide excellent INTERNAL BUSINESS ACCOMMODATION sales and customer service showroom areas, both of which house prominent display point of sale counter areas with till points etc., together with a full complement of purpose-built fixed and free-standing display rails, shelving and furniture for an extensive selection of knitting wools, haberdashery items, needlecraft supplies, children’s fashions and toys etc.
Further BUSINESS ACCOMMODATION consists of a fully fitted staff kitchen area, together with 2 x separate cloakroom/WC facilities.
The premises also enjoy the benefit of gas central heating, in addition to the added security benefit of a full alarm system.
Viewing and Confidentiality
All arrangements to view are strictly by an appointment through the Offices of Local commercial. And no approaches what so ever should be made to the owner or the business. For an appointment to view please telephone 01254 776022.
Quote Ref 1056
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Property: |
Leasehold |
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Current Rent: |
£11,900 per annum |
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Living Accommodation: |
No |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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