Popular Babywear Boutique, Southside, Glasgow Ref 2744

Leasehold £17,500

This is a superb opportunity to acquire a highly visible and well established babywear boutique in the popular and affluent Muirend area of Glasgow.

Ideal owner managed business with low overheads. Annual sales of £60,000 - £70,000 with excellent gross and net profit margins.

Bright spacious main road premises with no rates payable.

Business, leasehold interest, fixtures and fittings for sale at offers over £17,500 including stock.

Type of business
This is a popular well established babywear boutique in the affluent Muirend area of Glasgow’s southside. Viewing is highly recommended. With its bright modern décor and spacious open plan layout it has a regular loyal clientele of local residents and excellent passing trade. It is an ideal owner managed operation and has significant potential for further growth. The business has been successfully trading for more than 8 years and is only offered for sale due to the retirement of the current owner. The business sells a wide range of quality babywear from brands such as Dandelion Babywear, Mintini, Blues Baby, Doctor Kid and Rapife.
Opening hours
12noon - 4pm Tuesday, 10.30am - 4pm Wednesday - Saturday.
Staff
The business is run by the owner with occasional part-time staff.
Tenure
Leasehold. Rent £8,000 per year. Current lease expires in 2025 but can be extended. Rateable value only £6,300 so no rates are payable.
Premises
The premises are a bright spacious 37m2 (390sqft) well presented unit with an open plan retail front area, office, staff kitchen and toilet. The area benefits from ample free on street parking.
Financial information
Annual sales of between £60,000 - £70,000 with good gross and net profit margins. The sale price includes all equipment, fixtures and fittings except a couple of cabinet owned by the landlord. Further financial information can be made available to serious interested parties after viewing.