FOR SALE
25/06/21
278789
SCHOOL3815 / Rightbiz
A well-established school uniform outfitters for sale which supplies many schools throughout South Devon, totalling over 6000 potential students. Operating from lovely premises on three floors, benefitting from two retail areas with changing rooms, 8 large storage rooms, offices, two professional embroidery machines, hot press transfer machines, kitchen, toilets, spacious three storey town centre premises with convenient free and pay parking nearby. The business is successfully owner operated together with a brigade of full and part time staff and a full hand over will be provided to ensure its continued success and smooth transition. Early viewings are highly recommended.
LOCATION
The company is in Torquay, Devon which is a sought-after seaside location which is busy all year round and densely populated. The premises are located on Union Road, Torquay, Devon which is a central trading area with convenient free and chargeable parking nearby. The main train and bus station are only a short walking distance and within easy access, are all main arterial road links.
BUSINESS
The business has been successfully owner operated for many years with a brigade of staff and is now being placed on to the open market due to retirement. However, the business is going from strength to strength and because of the latest ‘school uniform act’ there are even more opportunities which have been harnessed by the business. Additional schools are being regularly contacted to further increase their reach and to subsequently improve their already impressive turnover. With the embroidery and hot press transfer machines, we the agents feel there is great scope to expand on their current services by offering works and company uniforms. Actual trading accounts will be made available following a successful formal viewing.
ACCOMMODATION
The premises are a three-storey building which is presented to an overall good decorative standard.
Entrance through a part glazed door to:
GROUND FLOOR
INNER HALLWAY
With doors to:
RETAIL AREA 1
5.78m x 4.35m
A lovely open space with wall mounted slat boarding, 2 x changing rooms, window display and large display windows to the front. At the far end is a bespoke counter which interconnects with a doorway to:
SALES AREA
4.08m x 3.75m
This is a large area with plenty of work top space with 2 x epos tills, storage and window to rear.
WORKSHOP
2.49m x 1.56m
This room is situated to the rear of the staff counter and houses the two embroidery machines.
KITCHENETTE
With an array of base fitted units and an inset stainless steel sink, under counter fridge, microwave oven and a wall mounted gas central heating and hot water boiler.
LADIES TOILET
With a WC and hand wash basin
GENTS TOILET
With a WC and hand wash basin
STORE 1
4.66m x 2.89m
A large room with an array of free-standing shelving
STORE 2
2.88m x 2.83m
A large room with an array of free-standing shelving
1st FLOOR ½ LANDING
STORE 3
4.66m x 2.25m
A large room with an array of free-standing shelving
STORE 4
7.60m x 2.70m
A large room with an array of free-standing shelving
1st FLOOR
OFFICE
2.91m x 2.11m
An ideal space for a large desk, chair and computer terminal which is connected to the epos system. With a large window to front making this space light and airy.
STORE 5
3.96m x 3.19m
A large room with an array of free-standing shelving
RETAIL AREA 2
4.12m x 3.54m
Benefitting from a bespoke counter with an epos system till, 2 x changing rooms and window to rear.
2nd FLOOR
STORE 6
3.87m x 2.78m
A large room with an array of free-standing shelving
STORE 7
3.87m x 2.70m
A large room with an array of free-standing shelving
STORE 8
3.64m x 4.00m
A large room with an array of free-standing shelving, large table with hot press transfer machines.
FIXTURES AND FITTINGS
All trade fixtures and fittings. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliance has been undertaken by the agents, Ware Commercial.
SERVICES
Main’s gas, electricity water, broadband and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.
BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property is fully exempt from business rates because of small business rates relief)
TENURE
Leasehold
VIEWINGS
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. [email protected] www.warecommercial.com
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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