Shoe Shops for sale in Southampton

View the "HYTHE - Shoe & Menswear Retailer" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Mark Bretton (October 2016)
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Leasehold Price: £60,000
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Business Description
Long Established
Busy Town Centre Location
Weekly Takings £4,288
Very Low Rent
Long Lease
EPC - G

This excellent business opportunity offers a long established and profitable business in an affluent destination town in Hampshire looking out to the Solent and Southampton Water.

The Comfort Shoe Shop has been trading in this same location for over 100 years and originally sold Men’s and Womenwear as well as Shoes. Following the retirement of the wife of a previous owner the size of premises was reduced and the Women’s Wear section was closed. The current owner took over the business in September 2013 following the retirement of the second partner and is now looking to sell and return to University to complete his PHD.

The business is located in the town centre of Hythe in a pedestrianised shopping area clustered around the High Street, which includes a Waitrose supermarket, with free parking for up to 2 hours, a public library and several independent shops and cafés. The shopping area is just around the corner from the pier railway and ferry service across Southampton Water to Southampton which operates at half-hourly intervals throughout the day. Hythe also has a marina, with large and expensive houses situated around it and is a popular destination town.

The shoe shop on the ground floor sells an extensive range of mainly casual shoes, boat shoes and sandals which include brands such as; Hotter, EasyB, Roamers, Smart Uns, Sleeper’s, Classique, Trueform, Boulevard and Dek.

The Menswear section located on the first floor sells a wide range of mainly casual/informal clothing ranging from polo shirts, coats, jackets, pyjamas, underwear and socks but also stocks a range of formal shirts, ties, bowties and accessories including cufflinks.

The business currently employs 1 full time manager who is nearing retirement age and 4 part-timers and enjoys a good turnover in the region of £223,000 per annum, a healthy gross profit of 50% and benefits greatly from a very low rental cost.

Fixtures:

Fixtures and fittings include a comprehensive range of shoe display shelving surrounding the outer walls of the ground floor and a customer service desk with till, 2 seats and a stall. The first floor comes with clothes hanging display rails to the walls and some free standing central units including a glass/Perspex shirt unit and a customer service desk with a glass fronted display cabinet beneath. The office contains two desks, chairs, a 4 drawer metal filing cabinet and shelving to the walls.

The store rooms are fully fitted with an extensive amount of shelving and racking, there is also ample wooden drawer units and desks on the first floor and the staff room contains a fridge, microwave oven, table and chairs and a large wooden chest of drawers with a worktop.

Trading Hours:
MON: 09:00 - 17:30
TUE: 09:00 - 17:30
WED: 09:00 - 17:30
THU: 09:00 - 17:30
FRI: 09:00 - 17:30
SAT: 09:00 - 17:30
SUN: Closed

Tenure: Leasehold

Accommodation Details:

Situated in a prominent trading position within a busy town centre pedestrianised shopping area the premises comprises of an attractive glazed double fronted retail unit with the main entrance at its centre. On entering the shop you come into a spacious and well-presented open plan retail sales area with purpose built shoe display shelving around the walls with a customer service desk at the rear of the store. Behind the ground floor sales area there is access to 2 good sized store rooms complete with shelving ad racking and a side door which gives access to the rear of the premises allowing for deliveries and there are also 4 allocated parking spaces.

The first floor is accessed by a staircase which leads to the Menswear department which has hanging rails to the walls as well as free sanding clothing display units in the centre and a single fitting room. To the front of the second floor, above the main entrance is a customer service counter which includes a glass cabinet beneath, displaying various accessories and to the right hand side a glass shirt display unit.

To the rear of the menswear department, accessed through a door way is a staff room with kitchen and storage facilities. On the first floor there is also a separate store room which leads through to a good sized general administration office. There is also staff W/C facilities.



Location Details: Southampton

Leasehold Term: Rent: £278 Per Week

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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