| (REF: 1151WC) Designer Ladies Fashion In Larger Sizes |
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| Seller Reference: |
1151WC |
| B4S Reference: |
29357 |
| Asking Price: |
£160,000
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| Net Profit: |
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| Sales Revenue: |
£313,263 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Central London, United Kingdom |
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HISTORY
Established by vendor in 1983 on the Kings Road as niche business offering larger sized fashionable ladies clothes
Located to present Covent Garden site in 1986
Boutique equipped to a high standard
A very individual shopping experience created through years of expertise
Product range extended to include a variety of price points
REASON FOR SALE
Retirement
PRODUCTS
Full range of ladies clothing in sizes 18 to 28
Typically 15 to 17 designers used per season
Casual, vintage and couture ranges offered
Wide range of fashionable designer brands
Dresses
Tops
Gowns
Coats & jackets
Hats
Jewellery & accessories
SERVICES
Expert knowledge of plus size ranges
Image consultancy
Bespoke design and creations
CUSTOMERS
Customers travel significant distances to benefit from expertise on offer
Typically aged over 30
Introduction of additional price points has broadened customer base
Website displays latest product range
Extremely high repeat rate
SUPPLIERS
Variety of contemporary and traditional styles sourced through various trade contacts typically throughout Europe
o Oska
o Vetono
o Sulu
o Sinne
o Champain
o MP
o Yiannis Karitsiotis
o Eva Tralala
o Hebbeding
o Crea
Buying trips undertaken seasonally
STRENGTHS
Excellent reputation with established, loyal and discerning customer base
Highly visible site in one of Londons most sought after areas
Favourable rent and rates with old style renewable lease
Tasteful décor throughout
Reputation for designer brands
Recognised within the market place
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
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Property: |
Leasehold |
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Lease Terms: |
Original Lease 30 years
Lease Remaining 3 years
Rent £32,000 per annum
Rates £13,200
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Living Accommodation: |
No |
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Details of Accommodation: |
A stylish boutique with main retail area and basement sales area in a fashionable area of central London
Pavement to front with on street parking
Window display area
Ground floor boutique area with sales counter and changing room overlooking a delightful urban courtyard
Basement retail area with elegant ladies washroom
Office
Racking and shelving appropriate to trade
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Location: |
Prominently sited boutique within prestigious and fashionable area of central London
Full range of complimentary businesses close by
Mix of up market residential, commercial and retail businesses within the area
Street parking
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Introduction of additional product ranges
Further development of website to include fully functioning purchase option
Focus on additional business development activity
Opening further retail outlets
Marketing to existing customer base
Evening events
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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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Monday to Saturday 10am to 6pm
Sunday 12 Noon to 5pm
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Vendor in managerial capacity
2 full time assistants
1 part time assistant
Vendor is not involved in the business on a full time basis
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