Retail premises for sale in Elgin, Scotland, United Kingdom IV30, £139,995

139,995.00

Offer Nr.:
61352378
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_Business_
_Please quote reference B06843_
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a
freehold basis) an exceptionally well run and popular ladies’ fashions and
bridal boutique business
The business has been under the careful and meticulous ownership of our client
since 1995, building up an excellent reputation within the industry. The
business has only now come to the open market as our client wishes to leave
the industry after many successful years of trading, and who would like to see
the business pass to someone with the same drive and enthusiasm to take the
business forward.
Xanadu Ladies Fashions and Bridal Boutique has built a reputation for quality,
choice and excellent service in a relaxed, friendly “no pressure” atmosphere,
with customers returning to them year after year from many of the larger
cities such as Aberdeen, Glasgow and Edinburgh, the far North including Wick,
Thurso, Caithness and the Islands including Skye, Orkney, Lewis and Shetland
and with so many customers based out with the Moray area and easy travelling
distance of the shop they are happy to offer a service where they accept
telephone enquiries and post a selection of outfits to a customer for
consideration.
Xanadu also stocks a range of accessories to complete the ensemble. Here
clients can be dressed from head to toe and avoid the horror of aimlessly
wandering around dozens of shops trying to match one item up to another.
The shop stocks over 300 prom dresses/ball gowns/evening dresses in a full
range of sizes. They are also pleased to advertise that they can now provide
stylish modern and younger dresses in sizes up to 32.
The business also operates a very popular hat and fascinator hire and sales
service with over 300 hats to choose from at any given time, with staff giving
you honest and friendly advice to ensure you choose the correct hat/fascinator
to suit.
This outstanding turnkey business trades on its reputation for quality and
service and has outstanding future possibilities.
The current business owner is more than happy to offer a hand over period if
required.
All fixtures and fittings are to be included in the sale of the business.
A tremendous opportunity to own this well - established and popular business,
and early viewings are highly recommended to avoid disappointment.
_Location_
The business is located in a prime trading location on South Street, within
the popular Moray town of Elgin. The business is complemented by being
surrounded by a host of local independent retailers, leading to a good level
of footfall, and passing trade. Due to the number of wedding related
businesses on this street, South Street has long been known as “The Wedding
Street'' by locals and customers.
Elgin is well serviced with a wide range of local amenities including primary
and secondary schooling, Dr Grays Hospital, along with a good selection of
hotels, pubs, restaurants, and a variety of independent and major retail
stores. The town further benefits from excellent road and rail links to the
cities of Inverness and Aberdeen
_Premises_
The business is located in a traditional retail style property, with the shop
itself having a large display window directly onto the street and comprises a
ground level sales floor, a small cloakroom/kitchen and WC facilities. There
are two Bridal Sales rooms downstairs as well as two stock rooms. The property
is well maintained and decorated throughout and is in walk - in condition.
_Tenure_
We are advised the business is being sold on a Freehold basis.
Leasehold option available through separate negotiation.
_Hours_
The business trading hours are as followed;
Monday & Tuesday - 10: 00am - 16: 00pm
Wednesday - Closed
Thursday to Saturday 10: 00am - 16: 00pm
Sunday - Closed
_Staff_
The business is run and managed by 1 full time and 1 part time staff member.
_Financial Profile_
Further financial information can be made available upon request.
_Please quote reference B06843_

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