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SUPERB FAMILY FOOTWEAR SHOP

BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 37,897 TIME(S)
BUSINESS REFERENCE : 1780 / RightBiz

 

 
SUPERB FAMILY FOOTWEAR SHOP - NORTHUMBERLAND Popular market town just 45 minutes from Lake District Turnover £100,483 in April 09, Gross profit 46.3%

BUSINESS LOCATION:

Undisclosed Northumberland UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Shoes Shops

SALE:

Agent Sale

FREEHOLD:

£235000
   
 
   

BUSINESS DETAILS:

SUPERB FAMILY FOOTWEAR SHOP - NORTHUMBERLAND
Popular market town just 45 minutes from Lake District
Turnover £100,483 in April 09, Gross profit 46.3%
Superb 4 bed family accommodation
Ideal husband & wife venture
Viewing highly recommended
Monopoly trading position
Genuine retirement sale
Scope for development
Current owner 30 years
Highly profitable
FREEHOLD


Location

The business is located on the main shopping street running through the traditional market town of Haltwhistle in the beautiful South Tyne Valley, lying between and very close to the North Pennines area of outstanding natural beauty. The town is approximately 35 miles due west of Newcastle just off the A69 Carlisle to Newcastle road. Haltwhistle is a popular tourist destination for walkers or those who wish to explore the areas Roman heritage. The town is within easy reach of some of the best sites on Hadrian's Wall and offers a business connection to the wall all year round Haltwhistle market takes place every Thursday in the quaint market place, overlooking the towns' early English church and traditional Blacksmiths shop.


Business History

Meridian Business Sales takes great delight in offering for sale this highly profitable shoe shop which has been established since 1840 and under the careful ownership of our clients for the past 30 years who are only the third owners since it was opened. The business is now being placed on the market due to pending retirement. During their long tenure our clients have worked extremely hard in developing the business and have established a loyal customer base from the local community, as well as attracting customers from outside the immediate area. The business benefits from a monopoly trading position within the town as the previous 2 shoe shops have now closed and whilst our clients run the business at a pace that suits there is tremendous potential for a new purchaser to take advantage of this trading situation. Our client offers a wide range of shoes including Rieker & Padders and specialises in the 'Hotter' ranges which are recommended through Chiropodists. An ideal opportunity we feel for any purchaser looking for a well established and highly profitable business within this market sector coupled with superb 4 bed family accommodation in one of Britain's most beautiful locations offering a true change of lifestyle opportunity. Viewing is highly recommended and internal inspection a must to fully appreciate the quality of this concern.


Financial Profile

Turnover: £100,483pa
Gross profit: 46.3%
Stock approx: £35-40,000


Tenure

We are advised freehold


Opening Hours

Monday to Saturday: 9:00am - 5:00pm
Sunday: Closed


Accommodation

A deceptively large end parade three storey stone built property under a slate pitched roof including gas central heating and nearly all double glazed with rear parking space for one car briefly comprising:

GROUND FLOOR
Sales and display area purpose fitted, adjoining stockroom through to owners' private accommodation inner hall off which is:
Lounge approximately 13'11" x 13'10"
Kitchen/diner 14'10" x 12" modern fitted units around perimeter
Utility room with plumbed washing machine

FIRST FLOOR
Bedroom 1 - 14" x 14"
Bedroom 2 - 15'4" x 10'9"
Bedroom 3 - 11'5" x 8'11"
Bedroom 4 - 9" x 8'9"
Landing area - 11'2" x 6'4" with loft hatch and ladders to part boarded loft used as stock room it would easily be converted to additional living accommodation
Bathroom - W/C, wash basin and bath with electric shower overhead

ADDITIONAL FLOOR
Large basement used as a stockroom

EXTERNAL
Rear yard with patio and parking for one vehicle at the rear of property
   
  FOR SALE
   

SELLER:

MERIDIAN BUSINESS SALES

CONTACT:

0845 222 0508

REFERENCE:

1780 / RightBiz

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