Unique Wool And Knitwear Shop In Shrewsbury Shropshire For Sale

Business description

We are delighted to offer for sale this unique wool and knitwear shop, which is only now being offered to the market due to our clients' wish to relocate. The business trades 5 days a week and generates a turnover in the region of £50,000 per annum with a gross profit of 60%. Our clients offer an extensive range of fine quality imported wools, yarns and knitwear, including merino, camel, alpaca and cashmere. We feel the turnover could be further increased by embarking on a modest marketing campaign and by extending the range of clothing available. There is huge scope to extend the opening hours to increase the turnover. The business has an excellent reputation and is renowned for providing quality specialist products. There is a website in place advertising the business and contact details, which we feel would benefit from online ordering facilities. The premises are well-equipped to suit the trade and boast a coffee shop to the first floor, which is currently not trading. There is scope to re-open the coffee shop to the public and offer a range of hot and cold food and drink. The property has been fitted to a high standard and is in a truly walk-in-and-trade-condition. This is an ideal opportunity to acquire an already busy shop with an enviable reputation in such a desirable location. Early negotiations with us must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 6 years
Remaining: 4 years
Review: every 1½ years
Rent: £580 per month

Location:

Solo Alpaca occupies 3-storey mid-parade premises, ideally located in the heart of Shrewsbury, Shropshire. There are a number of public car parks in the vicinity, as well as ample on-street parking. The business is surrounded by a wealth of complementary independent and national shops and businesses, enjoying a high footfall and much passing trade. The area is well-served by public transport with regular buses and a railway station within easy walking distance. The premises are easily accessed via the A-road network and the M54 motorway. Shrewsbury is a historic market town, famous for having over 600 listed buildings. The town is a desirable place in which to live and work, boasting a thriving nightlife with many quality restaurants. Telford lies 13 miles to the east, while Wolverhampton lies approximately 29 miles away.

Premises details:

Substantial 3-storey mid-parade retail premises with coffee shop. Briefly comprising:

Ground Floor
• Retail area with shelving, 3 x glass display units, central glass display counter and electronic cash register
• WC with wash hand basin

First Floor
• Coffee shop with tables and chairs for up to 10 covers, servery, refrigerator, soup cauldron, chiller, microwave and sink

Second Floor
• Storeroom

External
• Frontage on to busy high street

Other information

Trading hours:

Mon: Closed
Tues - Sat: 10:00am to 3:00pm
Sun: Closed