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Excellent Trading Location
Annual Turnover £100,000
Gross Profit £50,000
Accounts Available After Viewing
2 Bedroom Flat Above
Free Parking Available
Good Public Transport Links
EPC - E
REF 6294 – Leasehold Bespoke T-Shirt Printer & Army Supply Specialist
Blacks Brokers are pleased to bring to the market this leasehold bespoke t-shirt printer and army supply specialist located in a busy and much sought-after area of Blackpool, Lancashire.
Bear Essentials Clothing Company has been trading on St Anne’s Road since 2012 when it was established by our client due to the excellent trading position and a lack of competition within a forty-mile radius. The business has become well-known and established a large base of online customers and a superb reputation with many excellent reviews. The business generates around 75% of sales via online channels including a superb Amazon shop and product sales include t-shirts, hoodies and much more. Our client has also established excellent relationships with suppliers both in the UK and abroad, ensuring the best quality garments can be supplied at a most competitive cost. Included in the sale is the Bear Essentials Clothing trade mark - https://----------.---.---.--/ipo-tmcase/page/Results/1/UK----------.
The shop is situated on a busy main road close to a busy junction and Blackpool town centre. This area is well linked by the M55 and this prominent position ensures heavy footfall year-round. Public transport links are excellent and there is parking for two vehicles on the forecourt outside the shop, and ample, free off-road parking in the immediate area.
REASON FOR SALE
The business is only being offered for sale due to our client’s relocation abroad – this is partly due to ill health and this busy shop will require a new owner with plenty of time to dedicate.
The building is available on a competitive rent on a Full Repair and insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is five years with rent reviews every three. The current lease began in 2018 at a cost of £650 per month and includes the 2 bedroom living accommodation on the first floor.
BUILDING LAYOUT AND DESIGN
Bear Essentials Clothing Company operates from the ground floor of an end-terraced property with owner’s accommodation within the first floor. The shop is well branded with large signage displayed above a mainly glazed frontage. Inside, the main shop floor area is well stocked and has retail area and counter. To the rear is a large stock room which is set up as a workshop at present with t-shirt printing machine, commercial colour printer, heat press and chemical spraying machine. All equipment is of excellent quality and is well-maintained to ensure all products are printed to the highest of standards.
The first-floor accommodation comprises of two bedrooms, bathroom, kitchen and lounge area.
The business is currently operating with our client and business partner only working on a full-time basis and also occupying the first floor living accommodation.
Bear Essentials Clothing Company has traded solidly since opening. The business generates an annual turnover of £100,000 with gross profits of £50,000. Full financial details are available upon viewing.
This leasehold business is well-positioned within a busy area of Blackpool and offers a new owner a superb opportunity to acquire a superb business. There is scope for further online expansion, with the introduction of other online sales channels and staff to allow for additional workload to be accepted. Potential for contracted uniform printing for other businesses could also be explored by a new owner. The competitive rent and living accommodation make this a very cost efficient business to run. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
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Sat - 9am - 4pm
Sun - Closed
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