Cosmetics and beauty store for sale in Wrexham City Centre

Description

This well-established cosmetics and beauty business has been successfully trading in the city centre for over 40 years. Located on the busy and highly frequented Bank Street, the business benefits from strong pedestrian traffic and offers a broad selection of cosmetics, beauty and haircare products, as well as perfumes and accessories. The long-standing reputation of the business has resulted in a loyal, diverse and stable customer base.TenureLeasehold with a passing rent of £5,333 PAXIt is understood that the landlords are prepared to grant a new lease, subject to contract.PremisesThe business operates from lock-up retail premises situated on the prominent and busy Bank Street.The main sales area measures approximately 31’10” x 16’7” (around 530 sq ft) and includes display shelving, point of sale fixtures, a trade counter and till area. There is also a small ancillary kitchen.On the first floor, there is a spacious open-plan storage area measuring approximately 17’1” x 27’4” (around 470 sq ft), including a WC, with potential for alternative commercial use subject to the necessary consents. The property is fitted with an alarm system and benefits from roller shutters to both front and rear, along with a small rear courtyard.StaffThe business is operated with the support of one full-time and one part-time member of staff. Further information is available upon request.Trading ProfileThe business trades primarily through retail sales, with additional online activity. There is considerable scope for growth through expansion of the product range and further development of online channels.Financial ProfileAnnual turnover for the year ending 2026 is £147,000, with wage costs of £46,201. More detailed financial information can be provided subject to the signing of a non-disclosure agreement.Stock, Fixtures, Fittings & EquipmentA full inventory is available subject to contract. Stock is available for purchase at valuation upon completion.