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Wednesday 18th of Jan 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£24,950

Popular Handbag Shop For Sale In Chester Le Street

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Further Details
Reference13375 / RightBiz
Status
FOR SALE
Advert ID185621
LocationChester le Street, County Durham
SectorRetail, Clothing Businesses
TenureLeasehold
Leasehold Price£24,950
Annual Turnover£62,500
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Key Features
  • Prime Location
  • Unique Business
  • Established Business
Hilton Smythe welcomes to the market Hawdon 4 Handbags. Chester-le-Streets leading retailer of handbags, purses, holdalls and luggage solutions.

Established in 2015 by our client, the business is solely run and managed by our client and husband and is in a prime location in the middle of this lively shopping centre with a high amount of passing trade.

The store is well laid out with products clearly displayed. The stock includes fashionable merchandise for children and adults. The products are of all shapes and sizes in an array of colours and priced to suit all budgets, with seasonal changes. The store is a good size and could allow for further complimentary product lines if a new owner wishes.

According to the latest set of accounts, the business reports turnover at £62,500 with gross profit at 50%. Due to our client’s personal circumstances the store is currently closing earlier than advertised, therefore losing trade. With full opening hours’ a new owner could benefit from this additional custom.

The business has a presence on Facebook with regular features and updates. A new owner may benefit from the introduction of a website and perhaps introduce on-line sales to generate further income.

We would highly recommend viewing of this prime position retail outlet which genuinely comes to the market due to family health reasons.
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The data showed regarding this advert 'Popular Handbag Shop For Sale In Chester Le Street - 13375 / RightBiz' comprises as a business advertisement. RightBiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall RightBiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.