Business for Sale in EXETER, Devon MENSWEAR - RETAIL AND FORMAL HIRE

Key Information

Reference

W35785N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Clothes Shops

Annual Sales

£343,390.00 Exc. VAT

Accommodation

No

Business Information

Leading MENSWEAR RETAILER and FORMAL HIRE, enjoying high profile EXETER CITY CENTRE trading position, fronting primary route to nearby High Street, a busy pedestrian and vehicle thoroughfare. Highly visible and easily accessible, with on street car parking and shopper car parks close by, short walk Cathedral and Quay, surrounded by other popular businesses/offices.

Corner sited premises incorporating large display windows, considered lucrative and most valuable, presented to high standard, the subject of £65,000 investment/refit in recent years. Approaching 2,000 square feet, extending over 3 floors, ideally laid out for the trade. Configured to provide, modern ground floor stylish retail area and storeroom, first floor wedding/formal wear hire consultation room/area, second floor storeroom, office, kitchen and cloakroom facilities.

A renowned business with strong following, established in excess of 35 years, retailing quality casualwear and formal wear, top well-known affordable brands stocked, also offering a formal wear hire service which is supplied by a third party avoiding a large stock holding. A solid, profitable business, Sales 2022 £343,391 ex Vat, Gross Profit £180,705, predominantly staff run, regular repeat trade.

Leasehold £49,995 sav Ref: W35785N