Leasehold Shoe Retailer For Sale

Business description

Advent Business Sales have been instructed to offer for sale this popular and well established footwear shop.

Although only established 3½ years ago, its successful climb in both total sales and gross profits are enviable.

The owner has decided to sell due to a change of lifestyle.

The buying attitude is for shoes to the younger set and includes, Frankwright, Gola, Dunlop, Crocks and UGG.

A recent successful addition to sales is the introduction of children’s shoes.


ref:8578LE

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
LEASE: 3 years
TERM REMAINING: 3 years
REVIEW EVERY: 3 years
RENT: £6,200 per annum

We are advised that the annual business rates are currently: £970 small business relief

Living accommodation:

PREMISES: This is a single fronted shop with the door to the left-hand side. Counter and till are situated directly diagonally from the door with shoes being display on the walls. Doorway behind the till area which leads to a stock area and the w/c. There is a back door to the rear courtyard.

Location:

This shoe shop occupies an enviable location within the very busy main shopping area of Loughborough. It is surrounded by other complimentary businesses including offices, pubs and the local outdoor market as well as the municipal indoor sports facility.

There are excellent parking facilities including a large pay and display only 2 minutes away.

Loughborough benefits from a very large student population to whom the shoes in this shop are aimed. It is on the main rail line to London and is close to both the M1 motorway and the East Midlands Airport.

Business Operation

Trading hours:

Mon – Sat: 10.00am – 5.30pm

Other information

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• Sales paticulars