Clothing, Fashion and Accessories
Sydney l NSW
Ref: W1668

New listing

Retail - Ladies Fashion - Clothing - Accessories - Urgent sale For Sale

Retail - Ladies Fashion - Clothing - Accessories - Inner West - Agent SBX Code Number: W1668

Retail ladies fashion store selling clothing, jewellery, shoes, accessories, handbags etc. - The shop has sub leased areas to videos, clothing alterations, nails, health food and Money Exchange and the sub leases have all now finished and are on a monthly basis.


Potential
Previously was a restaurant with full kitchen facilities such as exhaust system, sink, grease trap etc.- Could change back to a restaurant . - New owner can continue to keep sub leases or remove as most of the sub-tenants leases have expired.


Features
Best location - Well known - Long history with the asian community - Very spacious store. - Long established.


Premises
This business has an area of 150 sq.mts.


Location
Great location in heavy traffic area on busy main road close to train station in Inner West.


Trading Hours
7 days - Mon. - Sun. - 1000 a.m. - 700 p.m.


Lease
4 year lease from January, 2018 - 3% rent increases - 3 months bond.


Employees
1 owner + 1 fulltimer


Comments
Rent shown excludes sub tenants rent income - Video shop $1,500 p.m. - Accessory shop $1,000 p.m. - Alteration $600 p.m., Money exchange $2,800 p.m., Health food $5000 p.m. - Nail bar and clothing shop area if $1662 p.w. (as shown on the profile) - The total rent for the whole shop is $3800 + g.s.t. per week.- Due to a family problem, owner wishes to sell her business - Urgent sale - Motivated vendor - a must inspection.


Figures

Weekly Sales $13500
Rent (ex GST) $1622
Wages $900
Profit $4000

Price: $220,000 + SAV + Equipment
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Phone: 02 9439... (click to show)
Fax: 02 9439... (click to show)
Address:
Suite 1, Level 2, 2 - 4 Pacific Highway
ST LEONARDS, NSW, 2065


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