Highly Popular & Reputable Ladies Fashion Shop in Holmfirth, West Yorkshire

Holmfirth, West Yorkshire
REF: INT2712

Asking Price:
£35,000
Annual Turnover:
£51,066
Annual Net Profit:
£16,313
REF: INT2712
Photo of Highly Popular & Reputable Ladies Fashion Shop in Holmfirth, West Yorkshire
Photo of Highly Popular & Reputable Ladies Fashion Shop in Holmfirth, West Yorkshire
Photo of Highly Popular & Reputable Ladies Fashion Shop in Holmfirth, West Yorkshire
Photo of Highly Popular & Reputable Ladies Fashion Shop in Holmfirth, West Yorkshire

Overview

Tenure:
Leasehold
Established:
1992
  • Excellent Reputation
  • Very Loyal Customer Base
  • Low Overheads
  • Well Equipped Business
  • Strong Supplier Relationships

Now on the market is a popular ladies fashion boutique in Holmfirth, established in 1992 and known as one of the longest-surviving, independent businesses in Holmfirth.

The business focuses on fashion designers from Germany, Denmark and Scotland and holds exclusivity on all brands up to a 50-mile radius approximately – this attracts customers from local areas and much further afield, not forgetting visitors, holidaymakers and tourists.

In general, the customers are discerning ladies looking for personal service and beautiful clothes made from quality fabrics, which are reasonably priced and reasonably sourced.

The shop has an exceptional reputation and hold an extensive mailing list.

The asking price for this unmissable opportunity is 35,000 + SAV.

The highly reputable clothing shop is located within Holmfirth in West Yorkshire, with a significant tourist presence and an affluent population. The business is operated 6 working days by the owner with help from a longstanding part-time member of staff.

The shop is located in a two-storey building on the main A6024 Huddersfield Road through the town, conveniently located opposite the town’s information centre and library.

The building is an attractive 19th-century end-of-terrace building with a traditional shop frontage. The ground floor has a retail area with a counter and changing room while upstairs is a former fully equiped hair salon with three hair stations and two backwash basins, plus a kitchen, office and toilet. The lease is due for renewal, but the very accommodating landlord is open to negotiating a new lease.

The business currently lacks a website or social media presence, which presents an opportunity for growth. By introducing these elements, the business can enhance its reputation, expand its potential marketplace, and effectively showcase its products both locally in Holmfirth and beyond. Furthermore, the business already possesses a responsive mailing list, which can be actively expanded to reach a larger audience. In addition to a new website, there is significant potential for online sales, particularly with accessories.

The business has an untapped resource in the form of a former hair salon upstairs, covered under the vendor's original lease agreement, equipped with three hair stations and two backwash basins. While the vendor currently uses this space for stock, a new owner could utilise it to increase income, potentially through a chair rent arrangement.

Features

Key Information

  • Products Sold: Clothing - Ladies'

Reputation

  • Google: 5

Location

Loading...
  • High Street Location
  • High Footfall
  • Nearby Car Parking
  • Limited Competition

Property

Annual Rent
£6,050
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
2028
Accommodation Included
No
EPC Rating
TBC

Financial & More

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

Refine

Miles
£
£
£
£
Timed popup