Long Est Fashion/Jeans Shop - Busy Town Surrey/West Sussex Borders For Sale in West Sussex- Business 4 Sale .co.uk

Business Summary

FUL PARTICULARS
A LONG ESTABLISHED and WELL KNOWN FASHION/JEANS SHOP LOCATED IN HIGH STREET OF BUSY INLAND TOWN IN WEST SUSSEX NEAR SURREY BORDER

LOCATION
This long established business is located in the High Street of a growing and much sought-after town in West Sussex, close to the M23/M25 and Surrey border. It occupies a good footfall position and is close to national and local retailers, the town's cinema and public car parks, which are within a few minutes walk.

The town itself is a prosperous market town with a growing population since it attracts a large number of industrial firms thanks to its excellent transport links. Gatwick airport is within easy reach from where the motorway network may be accessed via the M23 and the town has frequent direct rail services to London.

THE BUSINESS PREMISES
The business occupies a character lock-up shop premises over two floors with an attractive traditional brick and wood frontage with large main display window with fascia name board over and a further hanging sign above the shop.

An offset entrance door leads into the Main Ground Floor Retail Area which is professionally presented with wood flooring and purpose built wooden hanging rails and shelving, track spot lighting, mirrors and central hanging displays. Near the front of the shop is the serving desk with electronic cash register and stereo system, and a changing booth with mirrors, etc. A further door leads to a small Staff WC/Cloakroom.

To the rear open plan stairs lead down to the Basement Retail Area which has a beamed ceiling, track spot lighting and fitted carpets, and again is well presented with display shelves and hanging rails, etc.

A roll down shutter covers the window over night and the premises also has the benefit of a CCTV system.

TENURE
We understand that the landlord is prepared to grant a new lease to the new owner with terms to be agreed. The current rent is £840 per month (£10,080 per annum) and the Business Rates currently payable are approximately £2,800per annum.

THE BUSINESS
This well known business has been established and in the hands of the same family since 1968! and run by the current owner for the last 24years, who now wants to retire from the business to concentrate on his development business, and who feels that he is perhaps now a little too old (59) to run this type of shop.

Selling primarily unisex casual fashion and jeans, the business is very well know locally for a good selection of quality brands stocking brands such as Levi's, Duck and Cover, Dockers and Peter Werth, etc and also stocks a small selection of shoes including Base, Converse and Vans.

Run on a relaxed basis, the current owner only working in the shop to cover on occasions, the business has a current turnover of approximately £1,400 per week with a Gross Profit Margin of approximately 45%/46%, although this has been significantly higher in the past, and it is felt that a new enthusiastic owner operator with fresh ideas and lines would undoubtedly be able to increase sales once more. The business has no website and this is also considered an area which would help to increase sales.

Detailed accounts are available for seriously interested parties after an initial viewing and meeting with the owner.

STAFF
The business is staffed by a full time girl who works in the shop most days, excluding the occasional day when the current owner covers the shop.

The attractive easily run business is well known locally, having been established for many years, but would benefit from a new enthusiastic owner. We understand that the stock levels varying according to the season, but are estimated to be in the region of £20,000-£29,000, but that it may be possible to adjust this amount prior to completion, subject to agreement, if desired.

Property Information

	Property:	Leasehold

	Living Accommodation:	No

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Contact this seller

Title:	First Name:	Last Name:
Your Email Address:
Your Contact Number: (optional)
Address1:
Address2:
Town/City:
County: *
Post Code/Zip:
Country:


Enter this security code:

Your message:

Business4Sale.co.uk will not share your personal data with any other third party, unless you have given us your express permission to do so. By submitting this form, you confirm that you agree to our Terms & Conditions and Privacy Policy.