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Shop for sale

Peel Street, HD7

£24,950
59 sq. m.

Property Description

Commercial information

  • Business for sale
  • 635 sq ft (59 sq m)

Key features

  • REF: 12636 B
  • LEASEHOLD
  • CARD & GIFT SHOP
  • CLOTHING STORE

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes CUBECURE to the market. This unique business was established in 2004 by our client and over the years has expanded to treble its original size, including a full refit, making this a highly presentable property. The owners are now looking to sell the store as they prepare for semi-retirement in the south of France.

Cubecure is a lifestyle store, specialising in design-led gifts, homeware and fashion. Our client originally set up the store to sell their own bespoke designs then expanded the product base to include other well-known design-led brands. Including the likes of; Seasalt, Brakeburn, Treaty, Powder, Bomb Cosmetics, Burts Bees and many other contemporary brands.

This business is a great asset to the village and is extremely popular with both locals and visitors. We are advised that the store generates an advised turnover of around £125,000 per annum with a gross profit of 42%. This is a healthy turnover that's generated from in-store and online sales through their bespoke website www.cubecure.co.uk which is included in the sale.

Although this business has expanded hugely over the years, we feel sales could be increased by incorporating a tea room/café as well as expanding popular brand ranges and developing the online and social media further. A new owner with experience in these areas could really make this store thrive.

This is an exceptional business that has little competition. This is an opportunity not to be missed, Hilton Smythe highly advise early viewing to avoid disappointment.


LOCATION
Cubecure Boutique is located in Marsden, Huddersfield, West Yorkshire.

The store is situated in the heart of the town. This town centre has a variety of stores, some independent and some bigger brands such as, a Co-Op, Boots Pharmacy and more. This is a bustling town, which receives a large amount of trade from the locals and passing trade.

Marsden is located close by to Huddersfield, Oldham, Rochdale and Manchester. These towns and cities are an easy commute, using the great road links. Huddersfield is approximately 20 minute's drive away. Marsden also has fantastic public transport. Directly outside the property is a bus stop and the closest train station is a 5 minute walk away.

PREMISES
The shop looks highly presentable. The front of the store is well-signed and there are windows across allowing for a bright interior. The window space is also used, for eye catching window displays.

On entrance there is a large retail space, which is brightly coloured and well shelved. This space is used for gift ideas. There is bespoke shelving around the shop, allowing for a personal touch. To the left on entrance are stairs leading down to the lower ground floor.

The lower ground floor is a large and open plan with two accessible staircases, where clothing and accessories are displayed. This is well-presented space which is carpeted throughout, has bespoke lighting, tall mirrors and a spacious changing room.

There is also a 20sq metre stock room, tea point area and staff toilet & wash facilities.

Equipment included in the sale is as follows-
Shelving
Service counter
Till
Tables
Hanging racks
Fully web integrated EPOS system, with multi-channel facility

Externally, there is a quaint terrace with Astro turf. This space is used as further display space in the warmer summer months; however, we feel this area would be perfect for an outside area to be served light snacks and beverages.

The business is fitted with an alarm system and CCTV.

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

New lease available, on negotiation.
We are advised this can be from 5-10 years.
Rent: £200 per week

HOURS
The business opening hours-

Monday - Friday: 9am - 5:30pm
Saturday: 10am - 4:30pm
Sunday: Closed

STAFF
The business is run and managed by our client, with the help of two part time members of staff.

FINANCIAL PROFILE
The business generates a turnover in the region of £125,000 per annum.
Gross profit 42%



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