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Retail premises for sale

£27,000

4 Leicester Road, Wigston LE18

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Property description

Business

Hilton Smythe welcomes to the market Kidz and Totz. The shop itself has been a children’s clothes store for over 4 years. The reason for sale is the current owner is moving abroad.

The business runs as a town centre children’s clothing store, selling an extensive range of children’s clothing from babies to primary school age for both girls and boys. With a constant seasonal changing stock including baby grows, dresses, party and casual wear, school clothing, jackets, coats, accessories and shoes.

The store generates a healthy turnover of around £1,800-£2,000 per week. The figure could be potentially increased with online selling and if was opened on Sundays.

The store also offers an excellent variety of children’s toys, which has proven to be very popular.

Kidz and Totz is well established in this location but could boost trade further setting up a website and further promoting the existing Facebook page, this should allow for more custom from further afield.

This is a fantastic opportunity to run a well-established clothing store on a main high street location. Hilton Smythe highly advise early viewing, to take in the full potential of the trade.

Location

Kidz and Totz is located in Wigston, just on the outskirts of the city of Leicester.

The business is ideally located in the town centre within a busy retail parade with high passing traffic and constant footfall. The business has a very attractive sign, with large windows, glass door and an a-board.

The business has one parking space behind gates which the current owner uses as personal parking and public parking in the vicinity.

The area is easily accessible with the A6 and M1, both within a short drive away. With lots of public transport close to the business such as a taxi firm just across the road and a bus station within walking distance.

Premises

The business is situated in a ground floor property, on the main high street in Leicester. This is mid parade terraced property. Circa 103sq m.

There is a large window to the front; this allows for a bright interior. The window space is also used for eye catching window displays. The property is well-signed.

The retail space is long with rail space. Also the premises has an outside stockroom

Equipment included in the sale, is as follows-

Rails

Shelving

Racks

Till

This is a great sized property that is well-suited to the trade.

The business also has full CCTV and heating provide by a air-condition system and fitted smoke alarms.

Tenure

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

Original lease length: 7 years.

Remaining lease length:3-4 years

Rent: £750 per month

Business Rates none

The landlord is Flexible with renewing the lease.

Hours

The business opening hours:

Monday to Saturday 9am-5pm.

The shop has been closed Sundays to suit the current owner’s circumstances and he would recommend the business be opened on this day or late evening for more business.

Staff

The business is run and managed by our client.

Financial profile

Kidz and Totz generated an advised turnover of circa £24,200 as of the 2016 accounts.

What Zoopla users think of Wigston

Overall rating:

  • currently 4 stars
Very good - 81% (46 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
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Parks & recreation
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  • 1
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  • 1
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  • 5
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  • 1
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  • 4
  • 5
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  • 1
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  • 4
  • 5
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  • 1
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  • 5
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  • 1
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Nearby transport

  • South Wigston (1.2 miles)
  • Leicester (3.2 miles)
  • Narborough (4.2 miles)
  • East Midlands Airport (19.3 miles)
  • Coventry Airport (21.8 miles)
  • Birmingham International Airport (28.6 miles)
  • West Lynn Ferry Landing (63.8 miles)
  • King's Lynn Ferry Landing (63.9 miles)
  • Sharpness Old Docks (83.4 miles)

Nearby schools

View all schools in Oadby and Wigston
  • All Saints Church of England Primary School (0.2 miles)
  • The Meadow Community Primary School (0.4 miles)
  • Little Hill Primary (0.4 miles)
  • Wigston College (0.7 miles)
  • Beauchamp College (1.4 miles)
  • Wyggeston and Queen Elizabeth I College (2.4 miles)
  • Wigston Birkett House Community Special School (0.5 miles)
  • Wigston Academy (0.6 miles)
  • Gartree High School Oadby (1.4 miles)
Note: Distances are straight line measurements

Local info for Oadby and Wigston

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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