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Retail Property (high street) for sale

Pier Avenue, Clacton-On-Sea, Essex, CO15

Leasehold £12,000
53 sq. m.

Property Description

Commercial information

  • Business for sale
  • 570 sq ft (53 sq m)

Key features

  • REF 12337
  • LEASEHOLD
  • CHILDREN'S CLOTHING/ACCESORIES

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular business, which has a main shop in Clacton-on-Sea.

The business was originally established by our client in 2014 and is only now being offered to the market due to our client's desire to concentrate on other business interests and family commitment.

Our client offers a wide range of goods including charms, Croc type shoes, bags, bracelets, hair accessories, sunglasses, watches, party merchandise, toys and phone cases, to name a few. The shop boasts approximately 53 metres of floor space, is very well maintained and fitted out to suit the trade.

The business has built up an excellent reputation within the town, for the excellent quality of the goods offered, which has resulted in a very loyal client base and word of mouth recommendations. Our client is currently leasing a warehouse in Upminster so is able to hold an extensive varied range, however if a new buyer did not require space, this is only on a month to month agreement.

We feel there is scope to increase the turnover by embarking on a modest marketing campaign to advertise the goods offered or by offering goods on websites. A new owner could introduce kiosks within the area or offer a franchise arrangement to increase the number of sites.

This is an excellent opportunity for a new owner to take this thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.


LOCATION
Popinz occupies substantial premises, ideally located on the very busy Pier Avenue in Clacton-on-Sea, Essex. The main shop is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a very high volume of footfall and passing trade.

Clacton-on-Sea is the largest town in the Tendring peninsula, Essex. It is a very popular seaside resort with a pleasure pier, arcades, a golf course, caravan parks and an airfield. The town and its beaches are very popular with tourists in the summer months and there is an annual entertainment programme including the Clacton Carnival.

The area of the business is served by the public transport system, with bus stops within easy walking distance of the shop. The shop is also well-served by the A-roads, which link to the national A-road and motorway networks.

PREMISES
Premises in prime trading locations, briefly comprising:

Approximately 53 sq. metres of floor space.
Adjustable display units to three perimeter walls.
Large central display unit.
L-shaped wooden counter with electronic cash register.

To the rear:

Staff WC.
Kitchen area.
Small stock room.

TENURE
We are advised Leasehold:

Original lease length: 3 years
Remaining lease length: As of May 2016 1 years
Review every: 1 years
Rent: 20,000 per annum

HOURS
The business is open:

Monday - Saturday: 10.00am - 5.30pm
Sunday: 10.00am - 4.00pm

STAFF
The business is owner run and managed with 7 x staff members.

FINANCIAL PROFILE
The business turnover to be advised.


Map & Street View

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