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Childrens Footware Retailer In East Sussex For Sale

East Sussex
Asking Price:
£169,950
Turnover:
Available on request
Net Profit:
Available on request

This business was established 13 years ago and during this time has developed an excellent reputation for offering their professional shoe fitting service and advice, which has resulted in them being a highly successful and profitable children’s footwear retailer, which comes to market as the vendors are relocating (due to family circumstances). The retailer has two premises, both of which are in ideal locations with easy access to street parking and nearby schools and nurseries. The current owner has built a very successful brand, with strong supplier relationships and a loyal customer base. The business currently sells a full range of children's shoes including school shoes, trainers, boots, sandals and wellies from a range of well-known and respected brands. Brands include Bobux, Birkenstock, Crocs, Dr Martens, Hunter, Timberland, Ricosta and Saltwater to name but a few. A range of accessories is also available.

Property information

Property:

Leasehold

Lease Terms:

The Hove premises is held on a full repairing and insuring lease at a current rental of £12,000 per annum, the current lease expires in February 2021. The Haywards Heath premises is held on a full repairing and insuring lease at a current rental of £8,000 per annum, the lease is on an informal ‘rolling’ basis.

Living Accommodation:

no

Location:

East Sussex

Premises Details:

Premises 1: The single fronted shop has a retail space of approx. 230 SQFT, which flows through to the on-line packaging and office space (measuring 10’ 08” x 7’ 08’). The stockroom is to the rear of the property (measuring 9’ 05” x 13’ 05’) and has shelving and racking throughout. Adjacent to the stockroom is the staff toilet, kitchenette and access to a small yard, used to store the bins. There is also a large basement, which is used for storage. CCTV and a security light have also been installed at the premises. There is also a newly-installed monitored alarm system as well as state of the art heating and air conditioning unit.

Premises 2: The double fronted shop has a large retail space of approx. 421 SQFT. The stockroom measures 13’ 08’ x 26’08” and has shelving and racking throughout. To the rear of the property is a small kitchenette and toilet and access to the rear of the property. At the rear of the property is a garage and allocated parking for 2 cars. A security light has been fitted to the side of the premises leading to the garage. There is also a monitored alarm system as well as state of the art heating and air conditioning unit.

Planning Consent:

A1 retail

Energy Performance Rating:
E

Business Operation

Expansion Potential:

yes

Reasons for selling:

retirement

Trading hours:

The current opening hours are 9:30am-5:30pm Monday to Saturday (both premises); one of the 2 shops is also open between 11am-2:30pm on Sundays.

Employees:
yes
Years established:
many

Other Information

Support & training:

yes

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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