Sold
Busy Ladies Clothing and Accessory Shop
Bury, Lancashire
- Asking Price: £26,000 +SAV
-
Turnover:
The business reports a turnover for the last year of approximately £56,000 with high gross profit margins and low overheads.
- Tenure: Leasehold
Hilton Smythe is delighted to welcome to the market Hushmoon, an extremely busy and well-established ladies’ clothes and accessories shop, which is ideally located on Bridge Street, Ramsbottom.
Hushmoon currently stocks products such as sweaters, blouses, dresses, bags, as well as accessories, such as scarfs and jewellery.
The property is very well maintained and fitted out to suit the trade, with perimeter slat wall panelling, clothing stands, window display manikins and shelving, with 2 fitting rooms and a large mirror.
To the rear of the property is an office and WC with access to the shared yard.
The shop has been a clothing retail shop for many years, with our client taking over 7 years ago to establish Hushmoon.
Our client has built up an excellent reputation within the area with lots of repeat trade and word of mouth recommendations.
The area provides ample footfall. Ramsbottom also hosts several festivals which attracts customers from different towns/cities such as the chocolate festival, the black pudding festival and the 1940's weekend.
The business currently operates 6 days per week, generating a turnover in the region of £56,000 per annum.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading.
A new owner could embark on a modest marketing campaign to promote the business and goods offered.
There are also options for online sales such as eBay, amazon and not on the high street.
This is an excellent opportunity for a new owner, perhaps a partnership, to take the already thriving business to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.
The business is owner managed with 1 part time staff member
Monday - 10am - 5pm
Tuesday - 10am - 5pm
Wednesday - 10am - 4pm
Thursday - 10am - 5pm
Friday - 10am - 5pm
Saturday - 10am - 5pm
Sunday - Closed
Farmers market Sunday (Second Sunday of every month) 10am - 5pm
The business is located in the heart of Ramsbottom, Bury.
The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade. The business further benefits from free parking close by.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
The area is also well served by the A-roads being within easy driving distance of the business, which links to the M66 motorway network
Hushmoon is extremely well presented with an inviting atmosphere, the shop floor is kitted out to suit the trade, with excellent eye-catching signage.
There is also ample free parking within the area.
Shop floor with central clothing rails, slat wall panelling, counter with till and card reader, 2 x fitting rooms.
Tenure
Leasehold - currently a rolling lease is in place, however a new lease could be obtained from the landlord, we are advised a 5-year lease will be offered at time of sale.
The business further benefits from being rates exempt
Enlarge Map
