Business for Sale in PAIGNTON, Devon BRANDED CLOTHING & ACCESSORIES RETAIL OUTLET

Key Information

Reference

W35843N

Tenure

Leasehold

Status

For Sale

Region

Devon

Sector

Clothes Shops

Annual Sales

£319,824.00 Exc. VAT

Accommodation

No

Business Information

Famous BRANDED CLOTHING FASHION RETAIL OUTLET, also offering accessories, established in the 1970’s, and under current owner ownership approaching 40 years. Situated in the popular SOUTH DEVON coastal resort of PAIGNTON, occupying valuable trading position on TORBAY ROAD, linking the town centre with sea front, surrounded by other popular businesses, holiday accommodation, and close numerous attractions, ensures substantial pedestrian foot flow, in particular during the busy summer months.

Spacious premises of approximately 2,000 square feet with good size frontage, offering a large retail area with dual entrances, comprehensively fitted, numerous browsing sections with masses of display rails and shelving. Benefits from fitting rooms, stock rooms, staff facilities, and useful owner’s private car parking.

A renowned business, retailing quality clothing, footwear, and accessories for ladies and gentlemen, with top well known sought after brands stocked, with direct accounts held. Sales 2023 £319,824 ex Vat, Gross Profit £141,945 (44%), adjusted Net Profits more than £50,000 to owners. Enjoys a strong following with a great deal of repeat trade and no real direct competition. Still offers opportunities for new owners through online sales.

Leasehold £NO INGOING PREMIUM sav, Ref: W35843N