This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Shop for sale

High Street, Shanklin, Isle Of Wight, PO37

£419,995
44 sq. m.

Property Description

Commercial information

  • Business for sale
  • 473 sq ft (44 sq m)

Key features

  • REF: 13568 I
  • FREEHOLD
  • TRADITIONAL TOY SHOP
  • CHILDREN'S CLOTHING
  • OWNERS ACCOMMODATION

Full description

Tenure: Freehold

BUSINESS
Hilton Smythe welcomes to the market Tiddlywinks. The business was originally established by our client in 2000. The toy shop has been a great success in this location and boasts an enviable reputation. The owner is now looking to sell the store, due to the desire to take a well-deserved retirement.

The business runs as a unique and exquisite traditional children's toy store. The shop offers an excellent variety of toys and children's clothing. Popular products include beautiful English and French wooden toys, vintage cars and retro scooters, puppets and theatres. Other stock includes baby equipment such as pushchairs and car seats. There is also a desirable choice of nearly new clothing from premature baby to teenage sizes. Our client offers a exchange service for good as new clothing.

The toy shop is trading standard approved and comes highly recommended in The Sunday Times.

Our client advises us 50% of sales comes from toys, 40% from clothing and 10% from baby equipment sales.

We feel with more staff the business could run longer hours and open 7 days a week. This would be great in the summer months when there is a high increase of tourism.

Tiddlywinks already has an excellent website (www.tiddlywinksshanklin.com). The purchaser could look to change this easy to use site to e-commerce. Advertising all stock for sale would allow for extra trade from further afield. Social media sites such as Facebook and Twitter are great cost effective ways of marketing a business. Again, the buyer could consider advertising the shop more online.

Included in this one of a kind Freehold opportunity is a secluded spacious three-bedroom accommodation and private garden. The accommodation has breath taking views over Old Shanklin seaside village. We feel that the purchaser could look to offer the accommodation as holiday lets. This is a prime location that could generate around £1,100 per week in the summer months and £450 per week in winter.

This is a fantastic opportunity that is not to be missed. We believe this would be a perfect purchase for a husband and wife team or partnership. The property comes ready to run. Hilton Smythe highly advise early viewing to take in the full potential of the trade.


LOCATION
Tiddlywinks is located in Shanklin Old Village, Isle of Wight.

The business is situated in the centre of Shanklin, a popular tourist location. The property is one of few buildings that can be classed as Shanklin Old Village, due to its position and age.

The store is surrounded by complimentary busy tourist shops, hotels, bars and restaurants. The shop is located near to a main carpark and is just minutes away from the beautiful beaches of the Island; boasting a prime trading location. The village sees generous footfall and passing trade, with a large increase in the warmer summer months.

Shanklin is home to a variety of independent retail outlets both well-known brands and independent stores. Within the village are gift stores, pubs, restaurants, cafés, pet stores, antique stores, guest houses and much more. As well as excellent shopping facilities, the village also promotes a range of attractions, such as the local theatre, beach sports and activities, crazy golf courses, amusement complex and more.

The business is situated on the main high street in the village. The road on which the shop is located, runs across the coast of the Isle of Wight. The area has great parking facilities and benefits from good public transport. There are bus stops within walking distance and the closest train station is also just a short 10-minute walk away.

PREMISES
Tiddlywinks boasts a detached building which is set up some steps on the main road. The business is on the ground floor level and owner's accommodation to the first floor, which is accessed by private staircase to side of the building.

The property looks inviting and has a large 21-foot window to the front of the shop, this is used for eye-catching displays.

Designated areas separate the retail space. There is a fixed service counter, clothing rails, toy stands, central shelving unit and wall mounted shelving to display the wide range of things to purchase.

There is a stockroom to the rear with kitchen area and staff toilet.

The rear Mediterranean style garden area has access up the private staircase and incorporates adjoining levels with secure shed with electricity, which can be used as storage or as a summer house for guests.

Owners Accommodation

Large entrance hallway.

Rear master bedroom with French doors opening onto a private garden. This room has fitted wardrobes.

Family bathroom with skylight.

Second single bedroom or small double bedroom.

L shaped kitchen dining area.

Third double bedroom with side window.

Bright corner sitting room with two windows, one of which is an extremely large picture window overlooking the stunning views of Shanklin and the downs beyond.

Loft area runs the full length of the house and can be accessed from the master bedroom. This is used for storage of all the additional seasonal clothing for the shop range.

Potential letting income for the accommodation:
£1,100 per week in the summer months.
£450 per week in the winter months.

Equipment included in the sale includes: -
Service counter
Till
Hanging rails
Shelving
Racking
Toy stands
Wall mounted shelving

TENURE
We are advised the business is being sold as a Freehold opportunity.

HOURS
The business opening hours: -

Monday: Closed
Tuesday - Saturday: 10am - 4pm
Sunday: Closed

Closed January and a few weeks in February.

STAFF
The business is run and managed by our client.

FINANCIAL PROFILE
Please contact Hilton Smythe for further information.


Map & Street View

Disclaimer - Property reference 13568I. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* The speed displayed is the maximum broadband speed package available on comparethemarket.com. These may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by Decision Technologies Limited.

Map data ©OpenStreetMap contributors.