£25,000
Retail premises for salePaignton, Devon TQ4
Business
Leasehold
About this property
Destination 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, especially during the busy summer months.
Spacious premises of approximately 2,000 square feet with substantial valuable eye catching 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 famous business, retailing quality affordable clothing, footwear, and accessories for ladies and gentlemen, with top well known sought after brands stocked, and direct accounts held. Sales 2023 £319,824 ex Vat, Gross Profit £141,945 (44%), producing adjusted Net Profits of 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 £25,000 sav, Ref: W035843N
Spacious premises of approximately 2,000 square feet with substantial valuable eye catching 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 famous business, retailing quality affordable clothing, footwear, and accessories for ladies and gentlemen, with top well known sought after brands stocked, and direct accounts held. Sales 2023 £319,824 ex Vat, Gross Profit £141,945 (44%), producing adjusted Net Profits of 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 £25,000 sav, Ref: W035843N
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