For Sale

Beautifully Presented & Well Respected Ladies Boutique

Ashbourne, Derbyshire

£295,000 +SAV

Ref: B04985

Contact sales negotiator

Jessica Aspinall

01204556307

Email Jessica Aspinall

Share this property
Share

Description

Hilton Smythe is delighted to welcome to the market this busy well-respected ladies’ boutique, which is ideally located in Ashbourne.

Sacs was originally established over 33 years ago, and has been in our clients’ careful ownership since. Only now is the business, reluctantly being offered to the market, due to our clients’ desire for a well-deserved break and family time. The boutique operates 6 days per week, generating a fantastic turnover in the region of £395,000 per annum.

Our clients offer a wide variety of stylish ladies’ fashions to suit every occasion from top designers, as well as accessories, scarfs, Jewellery and much more. The business is set over 3 floors, and is very well maintained and fitted out to suit the trade.

Our client has worked tirelessly to maintain and build on the reputation of this very successful and well-respected boutique, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could embark on a modest marketing campaign to promote the business and goods offered.

The boutique already has a website in place to advertise the stock, which we feel could incorporate online ordering facilities. The business is already taking advantage of social networking sites, such as Facebook and Instagram to promote the goods. There is a fantastic opportunity for increased sales from a greater online presence and dedicated website.

This is an excellent opportunity for a new owner, perhaps a partnership, to take the already thriving business to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold.

New lease be arranged

£10,000 Business Rates


Hours

Monday to Saturday 9.30 am–5.00 pm
Sunday Closed



Staff

The business is currently run by our client with the help of one full time member of staff and 3 part time.


Financial Profile

Sacs generated an advised turnover of circa £385,000 as of 2018, with a net profit of around £99,000.

Location

Sacs is situated on a busy High Street and is surrounded by complementary shops, businesses and residential properties, from which the business derives much trade.

The ladies fashion retail business is located on a busy shopping street benefits from a high volume of footfall and passing trade, as well as on-street parking not too far from the premises.

Ashbourne is a market town in the Derbyshire Dales, England. It has a population of 7,112. It contains many historical buildings and many independent shops and is famous for its historic annual Shrovetide football match.

Premises

Beautifully presented premises over 3 floors recently renovated. Two floors of retail space and one floor of storage.

Equipment –

Main Room

• Wooden Counter
• Wooden Console table with storage
• Casio Till
• Large Coir Mat
• White Wooden Trestle
• Extra-large wicker basket
• Air con Unit
• Large wall mounted clock
• 3 x Full body mannequins
• 2 x Bespoke Fitted Units with Storage
• Very Large quantity of excellent quality rope handle carrier bags


Landing

• 1 x Large,1 x Medium & 4 x small wicker baskets
• Large wooden dresser/display unit
• Stags head
• Towel rail used as display
• Leather armchair
• Large scaffolding hanging unit with shelves
• Portable half height clothes rail
• Large tripod free standing light
• Large wooden dresser/display unit
• Deer Antler candelabras
• Large Industrial type spotlights
• Fake display plants
• Coir Mat (very long/narrow)
• Coir Mat (small)
• Fire extinguisher


Changing Rooms

• 3 x Leather Pouffes
• 4 x Large free-standing mirrors
• 3 x Curtains
• 6 x Wall Mounted Hooks
• Wall Mounted hook and shelving unit
• Coir mat (long/narrow)
• 3 x Coir Mats (small square)


Ground Floor

Changing Rooms

• 5 x Chairs
• 3 x Fur rugs
• 6 Curtains & ties
• 8 x Mirrors
• 10 x Wall Mounted hooks
• 2 x Hanging rails mobile
• Hoover (Henry)


Room (Left)

• Wooden Mobile Shelving Unit
• Full height large clothes rails/units
• 2 x Shelves
• Large scaffolding hanging unit (length of shop)
• Medium size scaffolding hanging/shelving unit
• Half Height hanging unit
• 3 x Wall mounted heaters (downstairs in both rooms)
• Round wooden table
• Umbrella stand
• Glass display unit
• Wooden angels (Jewellery display)
• Wooden hand (Jewellery display)
• 3 x Small torsos (Jewellery display)
• Glass & Metal industrial light shades
• Wooden counter
• Wooden Cupboard with drawers
• Mobile radiator
• Mannequins full body with hands and fingers
• Mannequin full body only
• Mannequin Head only
• 2 x Faux Bay trees


Room (Right)

• Rectangular Wooden table with zinc top
• 3 x Round wicker baskets with handles
• 2 x Wooden display boxes
• 2 x Mobile Clothes rail
• Wooden 4 shelf display unit
• 3 x Large scaffolding hanging and display units
• 2 x Wooden Pigeon hole display unit
• 2 x Leather armchair
• Large Mirror
• Small mobile hanging unit
• 3 x Wall mounted Glass shelves
• Wooden Dresser
• 4 x Small wicker baskets
• 3 x Pearl look torsos (Jewellery displays)


Kitchen/WC

• Kettle
• Storage jars
• Sink Unit
• Bin
• Mirror
• Steamer


2nd Floor

• Table & 4 Chairs
• Wooden & wrought iron 4 shelf display unit
• 9 x Mobile hanging racks
• Large supply of coat hangers
• 4 x Coat hanger holders
• 2 x Steamer
• 4 drawer chest
• Formica Table
• Office chair
• Large supply of quality paper bags - various sizes
• Extensive range of quality Christmas decorations including Christmas trees & lights
• 3 x Fire extinguishers


Read some of our helpful guides and blogs

Blogs

10 brilliantly designed restaurants in the UK

7th October 2016

As a Business Brokers, we’ve come across many restaurants all different sizes…

Blogs

10 ways to advertise your business for free

28th May 2015

Advertising can be expensive, however when you’re just starting out or are…

Blogs

4 things to consider when you sell a business

4th January 2018

Every major decision requires careful thought and consideration, and very few decisions…

Blogs

4 ways to attract buyers to your Fish & Chip Shop

19th February 2018

Despite the ever-increasing range of fast food options available to us in…