Real estate

Commercial Properties

THE BUSINESS Advent Business Sales is delighted to offer for sale this empty retail unit which is currently trading as a children s wear retail outlet which was originally established 13 years ago by the current owner. The vendor has reluctantly decided to sell due to personal family commitments. The business retails mainly children s wear with a range of brand labels including a good range of children s accessories. The shopping centre has a farm park with a mixture of craft outlets, a caf and a children s soft play indoor centre. Weekend s, school holidays and bank holiday s are particularly busy. There is also a large outdoor play area for children, consisting briefly of trampolines, swings, slide etc The business profits can be greatly increased by an owner operator together with introducing additional products for the young children' market and with more labelled garments. STAFF DETAILS This is a staff run business, with the owner in attendance once every 4 months. The business employs 4 members of staff, who all work on a part time basis and cover each other s time off/holidays. The staff have all been employed for longer than 3 years. TRADING HOURS Mon Fri: 11.00am 5.00pm Sat Sun & School holidays: 10.00am 5.00pm EXPANSION POTENTIAL Scope for: Children s accessories Baby shop Bedroom furniture FINANCIAL INFORMATION We have been advised by the vendor of the following: Weekly sales: 1,000 Gross Profit: 70% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. PROPERTY DETAILS Ground floor retail area approx 320 sq ft First floor storage area approx 120 sq ft TENURE: Leasehold Original lease: 5 year licence Rent: 6,880 + VAT Service charge: 936 per annum There is a site charge for advertising & promotion: 2,084 per annum We are advised that the annual business rates are currently: 1,099.85