Retail premises for sale in Exeter, Devon EX1, £49,995

49,995.00

Offer Nr.:
64578015
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Everett Masson & Furby
Phone(s):
01404 228955

* Leasehold
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

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: