Retail premises for sale in Norwich, Norfolk NR2, £45,000

45,000.00

Offer Nr.:
62578681
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Everett Masson & Furby
Phone(s):
01603 963504

* Leasehold
* Prime City Centre Location
* Long Established
* Well Known Name
* Sizeable Basement Workshop
* Increasing Trend in Repairing Clothes
* Considerable Footfall
* Limited Competition Locally
* Dry Cleaning Agent
* Major Corporate Clients
* Contact Us for Further Details
**Agents note**
This is a business for sale as a going concern, not an empty premises for sale
or let.
**Particulars**
We are pleased to be appointed to bring to the market this long established
and well known clothing alteration business, situated in a prime location in
the heart of Norwich City centre.
Offering an ideal opportunity for a new owner operator or additionally, as an
add - on business for an existing operator looking to expand their service
provision. With the growing trend for repairing and renewing rather than
replacing one would expect to see the business continue to grow in these
current times giving confidence in the future viability of it.
If this could be of interest to you then please contact us to discuss in more
detail.
**The business itself**
The business is very well known in Norwich having been established many years
and enjoys regular repeat custom from a number of major corporate companies,
as well as private individuals and of course much passing trade given its
ideal location.
Whilst the core business is in clothing alterations they also take in dry
cleaning as an agent for another local company, further enhancing the turnover
and profit that is achieved.
The business specialises in bespoke tailoring, leather repairs and prom
dresses/ball gowns, but also carries out more general repairs and alterations
as required. Given the large basement workshop though, there is adequate room
to be able to take on more staff to be able to fulfil a greater number of
client requests or to expand the offering into different areas which require
similar services.
**Premises**
_all measurements are approximate and for guidance only. _
The shop is situated in the busy pedestrianised part of the city between the
main market area and Castle Quarter and benefits from thousands of people
passing its doors on a weekly basis.
Enjoying a ground floor glazed frontage leading into the main shop and
customer area, measuring 4. 6m x 4. 2m with wood effect flooring and providing a
large service counter with built - in rails behind to hang garments, together
with 3 fitting rooms.
A stud partition divides the ground floor area so as to provide a further room
with desk and 2 sewing workstations, space for an ironing board and additional
clothes railings, all with tile effect vinyl flooring below. This rooms
measures in the region of 2. 9m x 5. 1m and leads through to a landing store
room with stairs down to the basement workshop.
The basement is approximately 7. 5m x 7. 9m maximums and provides space for a
number of workstations including 5 Flat Machines, 2 Industrial Overlockers, 1
Blind Hemmer, a Steam Press and large cutting table. The room also provides
storage for stock including cotton cones, zips and stoppers. It has the
benefit of air conditioning, a tiled flooring and further clothing rails. All
in all a very good size space which could be further utilised for the benefit
of the business.
**Further information**
**reference number**
Z35435E.
**Opening hours**
9: 00am to 4: 00pm Monday to Saturday.
**Tenure**
Leasehold.
**Rent payable**
£28, 000 per annum + VAT.
The purchaser will be responsible for the landlords costs and fees in
connection with the assignment of the existing or grant of a new lease.
**Rates payable**
£7, 110. 75 per annum.
This information has been provided to us by the vendor and any interested
party is advised to enquire of the local authority to check the position with
regards to business rates that will apply to a new owner.
**EPC**
The Energy Performance Certificate for the property shows a ‘C’ Rating and a
score of 69.
**Price**
£45, 000.
For the benefit of the goodwill, fixtures, fittings & equipment. Stock payable
in addition on completion at valuation. This is a business for sale as a going
concern.
**Viewing**
Strictly by appointment only, please call our Norwich Office on to make an
appointment.
**Finance**
Finance may be available to suitable purchasers.
**Business to sell?**
Let us know as soon as possible! Just ask for a free no obligation valuation
and one of our valuers will carry out a detailed marketing appraisal of your
business at a time of your choice.
**Premier marketing**
We take care to present our businesses to a standard like no other. Offering
quality property particulars as well as detailed information on all of the
online portals and our own website, make your business stand out from the
crowd - call us today!
**Unhappy?**
Do you feel you are receiving the level of service promised by your agents? If
not, we would be happy to carry out a free no obligation marketing appraisal
of your business.
**1\. Money laundering regulations: ** Intending purchasers will be asked to
produce identification documentation at a later stage and we would ask for
your co - operation in order that there will be no delay in agreeing the sale.
**2\. General: ** While we endeavour to make our sales particulars fair,
accurate and reliable, they are only a general guide to the property and,
accordingly, if there is any point which is of particular importance to you,
please contact the office and we will be pleased to check the position for
you, especially if you are contemplating travelling some distance to view the
property.
**3\. Measurements: ** These approximate room sizes are only intended as
general guidance. You must verify the dimensions carefully before ordering
carpets or any built - in furniture.
**4\. Services: ** Please note we have not tested the services or any of the
equipment or appliances in this property, accordingly we strongly advise
prospective buyers to commission their own survey or service reports before
finalising their offer to purchase.

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