Profitable Children's Shoe & Clothing Boutique in Porthcawl Bridgend Awaits New Owner
Porthcawl, Bridgend
- Status
FOR SALE
- Date Submitted:
13/09/22
- Advert ID
500173
- Leasehold: £60,000
- Rent: £10,500
- Turnover: £150,000 (£2,885 Per week)
- Net Profit: On request
Key Features
- Unique Business
- Fully Fitted
- Established Business
- Attractive Business
- Accounts Available
- Company for Sale
- Close to Local Amenities
- Retirement Sale
- Adjacent to Multiple Retailers
- Small Business
Business Details
Well Established Children's Shoe & Clothing Boutique For Sale
RETIREMENT SALE.
After 16 years of providing excellent customer service, professional fitting and selling beautiful footwear & clothing - its time for me to hang up my laces and have a well-earned retirement.
Shoe 22 is a long established & profitable children's footwear specialist business based in Porthcawl South Wales.
The business is aimed toward first walkers to Senior High School - we have a staunch loyal customer base. Shoe 22 is a desitination shop, clients travel from West Wales, Valleys and all over. Its a very busy, bustling, happy shop.
We have the best brands in the business, British, European & Worldwide;
Startrite, Lelli Kelly, Geox, Bobux, Petasil, Mayoral & many more.
Street parking outside the shop.
Full working website.
Social Media Accounts.
POS till.
LOCATION.
The property is situated in a prominent and convenient location close to Porthcawl Town Centre.
The seaside resort town of Porthcawl has the benefit of a large resident population and benefits from an influx of day trippers particularly at weekends and holidaymakers during peak holiday periods.
THE PROPERTY briefly comprises of a well configured ground floor lock-up retail shop and premises that has the benefit of a modern double glazed shop front and rear car parking and loading/unloading.
The property briefly provides the following accommodation:-
Retail sales – 42.3 sqm (455 sq ft) NIA.
Ground floor ancillary/storages – 13.1 sqm (141 sq ft)
Kitchen – 1.6 sqm (17 sq ft)
WC.
The property is available “To Let” under terms of a new tenant Internal Repairing and Insuring only lease at a rental of £10,500 per annum exclusive.
The business is being sold as a going concern to include all trade fixtures and fittings, Epos System with Stock available at Valuation.
OUTGOINGS.
The Valuation Office Agency website advises a rateable value of £5,900 so occupiers should benefit from 100% Small Business Rates Relief.
This is a great opportunity for an enthusiastic person with drive & flair to build on the existing business.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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