Well Established Up Market Departmental Store For Sale Central England, United Kingdom Advert ref: DS654D Business description
The impressive property of great character has been tastefully modernised retaining many unique features. The retail area is some 584.13 sq metres (6,288 sq ft), over 3 floors, yet adding staff & service areas plus office space the floor area increases to around 854.8 sq metres (9,200 sq ft) A unique shopping experience offering a wide range of products from the various departments which include: Cookshop; Gifts; Cosmetics; Ladieswear & Accessories; Childrenswear & Nursery; Interiors; Licensed Tearoom
Employees: Both full and part time, the full time equivalent would be c. 22 staff
Trading hours: Monday to Saturday 9.00 a.m. to 5.00 p.m.
Property: Leasehold
Lease terms
The current lease runs to 2020 with 5 year rent reviews. Current rent payable is £52,164 p.a.
Location
High street location with ample car parking nearby.
Support & training
Transitional support will be offered
Reasons for selling
Rationalising Business Locations
|
|  | |  |
| | Financial details Asking price: £225,000
Sales revenue: £1,038,300
Net profit: £83,000
Furniture / Fixtures value: £100,000
Inventory / Stock value: Undisclosed |
| | | |
|
