Archived
Independent Womens Clothing Boutique For Sale
Brigg, Lincolnshire
- Asking Price: £74,950 +SAV
-
Turnover:
We are advised that the business generates a turnover in the region of £200,000. Full financials can be made available upon further request.
Please quote reference B07088
- Tenure: Leasehold
Please quote reference B07088
Hilton Smythe are delighted to welcome to the market Kennedi Boutique, a highly rated independent Women's Clothing Boutique in Brigg, North Lincolnshire.
The business was established by our client back in May 2007, building up an excellent reputation and loyal customer base due to the wide range of branded products on offer.
Only now does the business come to the open market due to our clients desire to retire.
Kennedi Boutique offers a mixed range of contemporary and classic womenswear.
Not only does the business receive high levels of trade through the store, they also have a very detailed and well presented website, allowing customers to buy online. (www.kennediboutique.co.uk)
Key selling points -
- Repeat custom
- Brigg Town Council's Civic Award for Best Business in 2021
- Staff in place
- Extremely well established
- E-commerce website
- Outstanding reputation
- Work with alot of well known brands
- Increase the trading hours for the store
- Introduce more marketing
- Push the e-commerce webite on google
- Look at working with more brands
- Mirrors
- Display stands
- Seating
- Till system/Card reader
- Social media accounts
- Full Verisure Security System (monitored 24 hours)
We are advised that the business is run and managed by the owner, with the help of 1 part-time member of staff.
The business hours are -
Monday - Closed
Tuesday – 10:00 – 16:00
Wednesday – 10:00 – 16:00
Thursday – 10:00 – 16:00
Friday – 10:00 – 16:00
Saturday – 10:00 – 16:00
Sunday - Closed
Kennedi Boutique is located on Wrawby St, in the town centre of Brigg, North Lincolnshire.
The business receives high levels of footfall.
Operating out of a double front premises.
Ground floor -
- Main entrance to the service area
- Display stands
- Fitting rooms
- Counter
- Seating
- Large stock room
- 2 Toilets
- Attic Space
Tenure
We are advised that the business is being sold on a Leasehold basis, with 10 years remaining on the 12 year lease. The rent is £11,500 per annum, with an additional service charge of £1,680.
Current lease terms - 3 yearly break clauses within the 10 year tenure.
Enlarge Map
Looking to sell a similar business?
Find out moreNeed help with finance to purchase this business?
Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Finance Calculator
Powered by Hilton Smythe
Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.
Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
