A long-established year round clothing business in a prominent town centre trading location in this popular seaside resort
Ref: FAP/DMT_DMT1906
Further details
A LONG-ESTABLISHED YEAR ROUND CLOTHING BUSINESS IN A PROMINENT TOWN CENTRE TRADING LOCATION IN THIS POPULAR SEASIDE RESORT* DOUBLE-FRONTED WINDOW DISPLAY * APPROX 475 SQ.FT SALES AREA * CHANGING AREA * STORE * KITCHENETTE * W.C. * WELL FITTED SHOP *PRELIMINARY SALES PARTICULARS AWAITING VERIFICATION
We are delighted to offer for sale this well-established clothing business, which specialises in ladies and gents wear. It is situated in a prominent and central town centre location with a number of local traders in the immediate vicinity. It looks out onto the brook and pleasure gardens and is just a short walk from the beach, railway station and public car parks.
It is generally well presented with a good double fronted window display and excellent range of trade fixtures.
Dawlish is a thriving holiday resort of around 12,000 people which lies about 13 miles south of Exeter and 10 miles from Torbay. It attracts shoppers from the surrounding towns and villages. It is popular with holidaymakers of all ages.
The Accommodation comprises with approximate measurements:SHOP UNIT:FRONT RETAIL AREA: 16' x 13' 8" (4.88m x 4.17m ) Currently menswear with freestanding display racks, fixed shelving, hanging rails, ample lighting, window display area with shelving etc
REAR RETAIL AREA: 16' x 9' (4.88m x 2.74m) Currently ladies wear with hanging rails, shelving, ample lighting etc.
CHANGING AREA:KITCHENETTE AND STORE:
CLOAKROOM/WC:
LEASE: 20 year lease from 2003 with three yearly rent reviews.
RENT: Current rent of £9,000 pa. (This will increase to £10,000 pa in September 2009).BUSINESS RATEABLE VALUE: £3650
TURNOVER: £80,000 approx turnover
GROSS PROFIT: In excess of 50%
PRICE: £37,950 for the benefit of the valuable leasehold business, goodwill, trade fixtures and fittings. Stock at valuation.
ACCOUNTS: Available for inspection by bona fide applicants after viewing.
THE PROPERTY MISDESCRIPTIONS ACT 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are NOT included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.