For Sale

Long-Established Clothing Business

Nottingham, Nottinghamshire

£11,995 +SAV

Ref: B05352

Contact sales negotiator

Kai Pollitt-Parry

01204556311

Email Kai Pollitt-Parry

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Description

Hilton Smythe welcomes to the market Carole’s Slinky Kinky within the Victoria Centre Nottingham.

This long-established business has been owned and run by the current vendor for over 35 year in which time it has built up a strong and loyal customer following and which due to family commitments this rare and exciting opportunity has now become available.

The business sells a wide range of products including Ladies underwear and nightwear.

M&S garments plus much more and has a social media following of over 5,500 followers along with a strong LGBT following with the vendor capable of sourcing many different items. The current stall has the benefit of being licensed to sell fancy dress products, Ladies and Gents shoes, overalls and workwear.

This represents an excellent opportunity for either an internet-based seller looking for a retail outlet within a shopping centre with heavy foot fall or an individual or partnership looking for the opportunity to run their own business with huge growth potential.

The new operator could easily tweak the current product offering as well as developing an on-line presence with an additional purchasing platform this would be of great benefit as the new operator would then have access to both the on-line and High Street markets.

Slinky to Kinky is a fun and exciting business opportunity with huge further growth potential for very sensible in-going and running costs in a much sought-after trading location.

Tenure

Leasehold

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £18,720 (inclusive of vat) per annum on a 6 monthly rolling tenancy agreement with the centre.


Hours

The opening hours are currently 9.00am to 5.00pm Monday to Saturday.


Staff

The business is run and managed by the current vendor.


Financial Profile

We are advised the business is turning over in the region of £100,000 per annum producing very attractive returns. There are no business rates or service charges payable.

Location

Situated on the first floor of the INTU Nottingham shopping centre within the Victoria Market. The site is easily accessible on foot and by all modes of transport located in the centre of Nottingham just a short stroll from the Ice Stadium. The INTU shopping centre has plenty of onsite parking as well as bus stops to all parts of the City located to the front of the main entrance.

Premises

Trading Stall located within the INTU Shopping Centre Nottingham, storage and display equipment included.

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