Childrens Shoe Retailer In Shropshire For Sale

Business description

Preferred Commercial is pleased to offer for sale this popular children's shoe shop, which was established in 2007 and which is only now being placed on the market due to our clients' wish to relocate. The business operates 6 days per week and stocks a wide range of children's footwear including brands such as Lelli Kelly, Startrite and Geox, along with a range of children's outdoor clothing including Wellington boots, jackets and umbrellas. The business generates a turnover in the region of £126,000 per annum with a gross profit of 57%. A new owner could increase turnover by perhaps, extending the opening hours and embarking on a modest marketing campaign. There is also scope to introduce a web site with e-commerce facilities. We feel this is an ideal opportunity to acquire a popular children's footwear and outdoor clothing shop. Early viewing must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold:
New 5 year lease to be negotiated
Rent: £1,000 per month

Our client advises that the current stock value is approximately £64,000 and would be purchased separately.

Leasehold rent:

£12,000 per annum

Location:

Pitter Patter occupies single-fronted, ground floor, lock up premises situated at the end of a parade of shops on a busy high street in the heart of the historic market town of Ludlow in Shropshire. There is ample on-road parking in the vicinity and the shop benefits from a high footfall. St Laurence Church is located to the rear of the premises, drawing much trade past the shop. Ludlow is one of the most attractive towns in England boasting beautiful medieval and Georgian architecture, along with its historic castle. The town lies in south Shropshire, close to the Welsh border and is easily accessed as it lies on the A49, between Shrewsbury, approximately 27 miles to the north and Hereford, approximately 22 miles to the south.

Premises details:

Ground floor, lock-up retail premises situated in the heart of the historic market town of Ludlow. Briefly comprising:

Ground Floor
• Open-plan sales area with laminate flooring, spotlights to ceiling, shelving and shoe displays to perimeter walls, 6 soft chairs, fitting area, clothing display rail, outdoor wear display, retail counter with electronic cash register and shelving behind
• Kitchenette with storage shelves
• WC with wash basin

Lower Ground Floor
• Cellar, currently unused

External
• Frontage onto main street
• Rear door to alleyway leading to St Lawrence Church

Other information

Trading hours:

Mon - Sat: 10.00am - 5.00pm
Sun: Closed