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Retail premises for sale

£60,000

Southampton SO45, UK

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Property features

  • Long Established
  • Busy Town Centre Location
  • Weekly Takings £4,288
  • Very Low Rent
  • Long Lease
  • EPC - G

Property description

This excellent business opportunity offers a long established and profitable business in an affluent destination town in Hampshire looking out to the Solent and Southampton Water.

The Comfort Shoe Shop has been trading in this same location for over 100 years and originally sold Men’s and Womenwear as well as Shoes. Following the retirement of the wife of a previous owner the size of premises was reduced and the Women’s Wear section was closed. The current owner took over the business in September 2013 following the retirement of the second partner and is now looking to sell and return to University to complete his phd.

The business is located in the town centre of Hythe in a pedestrianised shopping area clustered around the High Street, which includes a Waitrose supermarket, with free parking for up to 2 hours, a public library and several independent shops and cafés. The shopping area is just around the corner from the pier railway and ferry service across Southampton Water to Southampton which operates at half-hourly intervals throughout the day. Hythe also has a marina, with large and expensive houses situated around it and is a popular destination town.

The shoe shop on the ground floor sells an extensive range of mainly casual shoes, boat shoes and sandals which include brands such as; Hotter, EasyB, Roamers, Smart Uns, Sleeper’s, Classique, Trueform, Boulevard and Dek.

The Menswear section located on the first floor sells a wide range of mainly casual/informal clothing ranging from polo shirts, coats, jackets, pyjamas, underwear and socks but also stocks a range of formal shirts, ties, bowties and accessories including cufflinks.

The business currently employs 1 full time manager who is nearing retirement age and 4 part-timers and enjoys a good turnover in the region of £223,000 per annum, a healthy gross profit of 50% and benefits greatly from a very low rental cost.

Business: £60,000.

Please quote ref: 5804

Property info

What Zoopla users think of Hythe

Overall rating:

  • currently 3.5 stars
Good - 72% (30 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 5
Entertainment & nightlife
  • currently stars
  • 1
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  • 5
Parks & recreation
  • currently stars
  • 1
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  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 5
Schools & public services
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  • 1
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  • 5
Transport & travel
  • currently stars
  • 1
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Nearby transport

  • Woolston (2.2 miles)
  • Sholing (2.4 miles)
  • Netley (2.5 miles)
  • Southampton Airport (5.8 miles)
  • Bournemouth Airport (20.4 miles)
  • Shoreham Airport (48.2 miles)
  • Hythe (Hants) Ferry Terminal (0.0 miles)
  • Southampton Passenger Ferry Terminal (1.7 miles)
  • Southampton Vehicle Ferry Terminal (1.8 miles)

Nearby schools

View all schools in New Forest
  • Hythe Primary School (0.1 miles)
  • Waterside Primary School (0.5 miles)
  • Orchard Junior School (0.9 miles)
  • Southampton City College (2.3 miles)
  • Itchen College (3.2 miles)
  • Richard Taunton Sixth Form College (4.0 miles)
  • Noadswood School (1.1 miles)
  • Applemore College (1.5 miles)
  • Oak Lodge School (1.5 miles)
Note: Distances are straight line measurements

Local info for New Forest

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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