Leasehold Vintage Clothing Store In Kent Coastal Town

Business Description

LOCATION
Prominently situated in the centre of town occupying a busy and prominent trading position on the High Street and close to seafront of this charming Kent Town. The business enjoys excellent all year round trade.

BUSINESS
Established by our client last year, the business has quickly established itself in the town selling a range of quality vintage clothing which has he obtains from many sources including wholesalers from the UK and abroad. These include everything from Hawaiian shirts to army surplus to handbags, shoes and dress clothing. The business offers tremendous further potential to develop with the introduction of more social media advertising, internet sales and the introduction of other trading lines such as jewelry. The business is only now for sale as the vendor has decided that he wants to move in to the catering industry.

TURNOVER
The business is on track to take £80,000 @ approx 60+% GP in its first year of trading.

STAFF
Vendor operated.

HOURS
10.00am - 5.00pm Mon
9.00am - 5.00pm Tues - Sat
10.00am - 4.00pm Sun

PREMISES
Attractive corner premises with large display windows. Retail area: approx 750 sq/ft. Carpeted throughout with suspended ceiling. Sales counter and changing cubicle. Clothes racking and display cabinets. Air conditioning unit. Stairs to first floor with communal kitchen and WC facilities. Offiice approx 8ftx 10ft.

TENURE
New 5 year lease from the 1st March 2025. Rent £16,000 pa.

EPC RATING
TBA

BUSINESS RATES
Nil payable.

Property Information

Property:

Leasehold

Premises details:

Attractive corner premises with large display windows. Retail area: approx 750 sq/ft. Carpeted throughout with suspended ceiling. Sales counter and changing cubicle. Clothes racking and display cabinets. Air conditioning unit. Stairs to first floor with communal kitchen and WC facilities. Offiice approx 8ftx 10ft.<br>

Business Operation

Trading hours:

10.00am - 5.00pm Mon 9.00am - 5.00pm Tues - Sat 10.00am - 4.00pm Sun

Other Information

Furniture / Fixtures value:

Undisclosed

Inventory / Stock value:

Undisclosed