Prestigious tailoring studios with high end clientelle
Ideal lifestyle change opportunity for designers
Excellent central London location
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Description This is a high end prestigious tailoring and alteration studio, which was established by the current owner and operates from a highly visible building within London.
The business is well known within the area and further afield for the attention to detail and finished product.
The majority of the income generated is from high net worth private clients.
The services used on a daily basis are for tailoring alterations for men and womenswear, pattern cutting, sewing, sample making and bespoke couture.
The busines is run by a very hands on owner on a day to day basis and is only being offered for sale in order for our client to semi retire and concentrate on other interests.
Sales Current sales figures are to be confirmed.
Accounts Accounts can be requested after a viewing by genuinely interested parties.
Trading Hours Monday to Friday 10:00 – 18:00
Saturday 1:00 – 16:00
Staff The business is managed by the owner, along with two full time staff members and three freelance members of staff.
Building External The business operates from a highly visible property.
Building Internal The business makes full use of all three floors, with the ground floor being used for storage, the first floor is the main customer reception area, and benefits from a client changing room with a full length mirror, customer WC and open plan owner’s office.
The second floor is where all the alterations and tailoring take place with five work stations and commercial pressing equipment.
Residential Accommodation There is no residential accommodation for owners/management available.
Tenure We are advised that the property is held on a 5 year lease which commenced in November 2017. The annual rent is £31,000 plus vat (correct as advised on 17.07.18). Rent reviews are at 5 yearly intervals.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary This excellent opportunity would ideally suit a hands on operator, who can take the business to the next level by building upon the already excellent reputation and loyal client base built up over many years.
A viewing is highly recommended to fully appreciate the business opportunity being offered for sale.
Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kings Business Transfer for full details and further information.