Established Ladies Boutique in Cleethorpes - Asking price negotiable.

Cleethorpes, North East Lincolnshire
REF: R05820

Asking Price:
£225,000
Annual Turnover:
£132,436
Annual Net Profit:
£15,977
Recently Sold
REF: R05820
Photo of Established Ladies Boutique in Cleethorpes - Asking price negotiable.

Overview

Tenure:
Freehold
Established:
2011
  • Sought-after location
  • Renovated to a high standard
  • Available on a freehold basis
  • High turnover
  • Exclusive relationship with key suppliers within industry

A sought-after opportunity has emerged for a potential buyer to take over a popular womenswear retailer in Cleethorpes, Lincolnshire. The boutique sells a wide range of premium ladieswear including clothing and accessories which are extremely popular with the business’s customers.
With an impressive range of stock and a prime location near the sea front, the business has gained a great reputation and a high level of trade for the quality of product they hold and competitive prices they offer. This is a fabulous opportunity for those with an interest in the retail industry.

For sale is a fashionable Ladies Boutique selling a varied range of women’s clothing and accessories in Cleethorpes. This exclusive boutique, near the sea front, offers a range of designer shoes, clothing, accessories and jewellery. The shop possesses the finest designs for all occasions, including but not limited to: wedding shoes, comfortable Italian leather shoes, boots, sandals and more. The store offers a personal service and products that exude class.

The business has a large glass frontage with the business’s name clearly listed above. As clients enter the premises there is a large open-plan shop-floor showcasing all the business’s stock and a window display flaunting the designer range to the passers-by.

There is also a small counter to manage customer transactions at the front of the store and customer changing rooms towards the back. On the first floor there is a large storage room to store surplus stock. If desired, a new owner could utilise this space to expand the shop-floor.

Intelligent Business Transfer are pleased to bring to the market this affluent boutique retailer that stocks a range of high quality fashion. The business prides itself on selling products that cannot be found at other retail stores. Additionally, the owner has secured high quality contacts with leading suppliers which has resulted in impressive financial figures. This is a sought-after opportunity to purchase an established ladies’ boutique in Cleethorpes on a freehold basis. The business boasts an impressive premise, ideal location and loyal customer-base which has resulted in a high turnover and profit.

Despite this, there are ways in which the business could be promoted further to increase sales. At present, the business does not hold a website, so by creating a website this could increase online sales as well as providing more contact/ shop information for customers.

Owners are willing to stay on for a transitional period, if needed, to show a new owner how the business operates.

Location

Property

Rates
TBC
Accommodation Included
TBC
Freehold Property Value
£150,000
EPC Rating
C 51-75

Financial & More

Annual Turnover
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Annual Net Profit
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Stock at Valuation
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Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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