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The Leather Shop For Sale

Belper, Derbyshire
Asking Price:
Sales Revenue:
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Available on request

Hilton Smythe are delighted to welcome to the market Leasehold in Belper Derbyshire.

The business has been operated by the current owner for over 30 years and is well established within the town and the surrounding communities having built on an enviable reputation for service and expertise.

Due to retirement this rare and exciting opportunity has now become available offering the chance for a new operator to take this well-established business to the next level putting their own spin on the current model and taking the site forward on an upwards trajectory.

The business currently sells a wide range of quality leather goods including a good selection of,

• Bags
• Hats
• Scarves
• Gloves
• Umbrellas
• Wallets
• Key cases,
• A range of luggage

The current vendor has established strong supplier links with designer brands and is happy to make the necessary introductions to enable a smooth transition of supply for the new owner.

The business has built strong links within the supply chain in both the UK and Europe and has recently acquired the accreditation to sell a range of Cath kidtson bags as well as the new range by Jenifer Lopez.

The business also currently stocks ranges from the likes of,

• Radley (London)
• Tula
• Owen Barry
• Fiorelli
• Gianni Conti
• Tamaris
• Nova Leathers
• Kipling
• Dents
• Highbury Travel Luggage.

The business would be an excellent opportunity for an individual or partnership looking to take on an established business and take it to the next level, developing and expanding the online presence as well as tweaking the product range further to put their own stamp on the business.

The site benefits from being over two floors therefore offering the chance for a new operator to expand up to the first floor and to introduce their own range of products and services.

A turn key business opportunity with excellent growth potential situated in a much sought-after trading location within the bustling market town of Belper in Derbyshire. ---.--------------------.--.--

Situated along Chapel Street in Belper Derbyshire the site is easily accessible in the centre of the town off the Derby Road and the A609.

Accessible on foot with plenty of car parking next door in the new Oberon Retail Park.

Located within a terraced style property on Chapel Street in Belper.

Ground floor trading area, additional rear room with kitchen and WC with rear access.

To the first-floor further store rooms and additional trading space potential.

Main service counter, all storage binnacles, racking and shelving are included.

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £13,000 per annum with 18 months left on a 7-year lease.

The opening hours are currently 9.30 am to 5.00 pm Monday to Saturday.

The business is run and managed by the current vendor with 1 part time assists when required.

Financial Profile
We are advised the business is currently turning over in the region of £103,371 per annum.

The rateable value of the property is £8,700.

There are currently no business rates payable.

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