**Standout Features:**
- Established fabrics & haberdashery business operating since 1998
- Prime location within a bustling student neighborhood in Royal Leamington Spa
- Potential for growth through owner-operated strategies and additional services (alterations, sewing classes)
- Fully equipped with fixtures, fittings, and ample stock worth approximately £90,000 at cost
- Competitive price for a leasehold business: £9,950 plus stock
**Summary:**
Step into a well-loved fabrics and haberdashery business located in the heart of Royal Leamington Spa, a city with a vibrant shopping culture and strong community ties. Established in 1998, this respected venture is reluctantly being sold due to the owner's genuine retirement plans, offering a significant opportunity for an aspiring entrepreneur. The business boasts a solid reputation, with a current annual turnover of £78,992, backed by loyal customers and a strong repeat business.
Occupying a spacious 829 sq ft mid-terrace retail unit, the shop features high ceilings and period charm, but does require some modernization to unlock its full potential. With six years remaining on the lease and zero business rates, it presents an affordable entry point; however, mortgage lenders may be hesitant to finance due to the short lease term. The savvy buyer will recognize the possibility to increase revenue by actively managing the business and expanding offerings, making this a unique turnkey opportunity.
With a backdrop of excellent mobile and broadband connectivity and situated in a cosmopolitan area close to universities, this property promises not only a lucrative business venture but also a chance to build upon an esteemed legacy. Early viewing is highly recommended to seize this exclusive opportunity for growth.
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