Fancy Dress Business in Loughborough Leicestershire For Sale

Loughborough, Leicestershire, England

Advert Ref: 3217

Business Description

Preferred Commercial is pleased to offer for sale this popular fancy dress business, which was established by our clients in 1995 and which is only now being placed on the market due to our clients' wish to retire. The business operates on limited opening hours to suit our clients and generates a turnover in the region of £72,000 per annum with a gross profit of 45%. Our clients offer a vast range of fancy dress costumes and accessories such as wigs and shoes, for hire and sale, along with novelty items, face paints etc. A new owner could easily increase turnover by extending the opening hours and by embarking on a modest marketing campaign. Our clients have in the past advertised in the Fresher Bazaar, the university magazine, and a new owner could reinstate this marketing. There is a web site in place, which we feel could be updated to include photos of the costumes and prices. Masquerade benefits from a monopoly trading position with no similar businesses in the area. The business is well-known in the region and benefits from much repeat custom. We feel this is an ideal opportunity to acquire a popular fancy dress business with huge scope for future development. Early viewing, arranged with Preferred Commercial must come highly recommended.

Business Status

Sold

Property

Leasehold

Lease Terms

New lease to be negotiated Rent: £6,000 per annum

Location

Masquerade Fancy Dress is ideally located in the heart of Loughborough in Leicestershire. Situated in a parade of complementary shops and businesses, Masquerade benefits from a high footfall and much passing trade. There is ample car parking in the vicinity with on-street parking to the front of the shop. All the town's amenities are within easy walking distance. Loughborough is a popular university town and boasts excellent access being just 3.5 miles from junction 23 of the M1 motorway and a mainline railway station with services to London every half an hour. Leicester lies approximately 11 miles to the south, while Nottingham is 15 miles to the north.

Premises Details

2-storey town centre premises with basement and loft space. Briefly comprising: Ground Floor • Main sales and display area with displays of accessories and novelties, shelving and racking to perimeter walls, central display stand, service counter with 2 x cash registers, rear changing area and ATM • Office and store room with racking and shelving • Kitchen with washing machines, dryer and sink • WC First Floor • Costume display area with between 2,000 and 3,000 costumes on racks, wall shelving with wig display, 4 x changing cubicles, counter with cash register and computer • Stock room with racking and shelving to suit External • Rear yard with access via side alleyway

Trading Hours

Mon - Tues: Closed Wed - Fri: 10.00am - 5.00pm Sat: 10.00am - 4.00pm Sun: Closed

Please complete the form to the right and click on the Submit button below. The Agent will be in touch with you ASAP.

Please complete the form to the right and click on the Submit button below. The Agent will be in touch with you ASAP.