Fashion Direct 18 Belle Vue Bude Cornwall EX23 8JS

Property information

A highly profitable retail business which has been established over many years and with an excellent reputation in casual fashions, lifestyle clothing and ladies and gentlemen’s footwear. The shop trades from a premier position in Budes Beue Vue district and adjoins Boots Plc. The expansive retail shop on a bold site provides the following sales space, which has been the recent subject of upgrading. Exclusive suppliers include Clarks and Moshula.

The unit is held on a 10 year, renewable lease from 28 June 2004. Annual rent at £35,000. The tenant is responsible for internal repair and external decorations to fascia.

Sales are circa £370,000 (2010/11) and have 50/51% shown consistent increases. Gross profit averaging produces approx £189,000. The business is under new management. With more 'hands on' involvement NET PROFITS in the region of £80-90,000 per annum can be expected.  This is a first class business opportunity. Stock circa £40-50,000.

Measurements

Tenure

The shop is held on a 3 year renewable lease, rental at £10,000 pa. Internal decorating terms.

Viewing

For an appointment to view please contact:

Dean Warmington
Tel:	01271 378731
Email:	dean@underwoodwarmington.com
Mobile:	07971830881

Property reference number

Reference:

UW663

Important notice

These particulars are for guidance only. They are prepared and issued in good faith and are intended to give a fair description of the property but do not constitute part of an offer or contract.

Any description of information given should not be relied upon as a statement of representation of fact or that the property or its services are in good condition. Neither Underwood Warmington (nor its Joint Agents) not any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the property.

The photographs show only certain parts and aspect of the property at the time they were taken. Any areas, measurements or distances given are approximate only.

Any reference to alterations to, or use of, any part of the property is not a statement that any necessary planning, Building Regulations or other consent has been obtained. These matters must be verified by an intending tenant.