Men's Fashion Retailer for Sale in Southgate London Underground Station
- Sector
- Retail
- Location
- Southgate, London
- Asking price
- On request
- Annual turnover
- £130,000
- Annual profit
- £30,000
- Tenure
- Leasehold
About this business
A London Underground Station Based Men's Fashion Retailer
A unique opportunity to acquire an exceptionally positioned retail business known as Route 66 Menswear, occupying a well fitted ground floor unit within Southgate Station on the London Underground.
The business commenced trading in the 1979, and since inception there has been the tangible development of an extremely loyal client base that regularly visit the business for its range of clothing, accessories and footwear. The owner operator has established a superb supply chain to include the likes of:
Gabicci
French Connection
Failsworth Hats
Fratelli
Ben Sherman
Trojan
There is no limit to the brands that the business can stock, and there are regular updates innkeeping with seasonal trends and new lines. The business is famed for its personal service and holds outstanding reviews that are a testament to the family owners who are considering a sale to facilitate retirement.
The business has extremely low overheads which is a key selling point. Furthermore there is an option for a buyer to start a new lease with TFL who are the landlord. There are no business rates and current rent is £12,750 per annum.
There is strong potential within Route 66 for elongated openings and the development on an e-commerce platform to utilise the strong branding and customer awareness that has been organically developed over decades of successful trading.
Figures are provided by the seller or their broker and have not been independently verified by Dealdoor. Enquire through Dealdoor to request more information.