Fixed price
£21,000
(£21.00/sq. ft)
Retail premises for saleBusiness For Sale, Hackney, London N1
From 1,000 - 1,250 sq. ft
Just added
Business
About this property
Business Sale
Great Financials
Excellent Reputation
40 Years Trading
Hoxton Market Location
AgentLocal are delighted to present one of East London’s most recognised and long established specialist shoe repairs, key cutting and leather workshop businesses located within the heart of Hoxton Street Market, Hoxton Shoe Repairs.
Situated on the iconic Hoxton Street within one of London’s most vibrant and rapidly evolving areas, Hoxton Shoe Repairs has built an exceptional reputation over many years for its specialist craftsmanship, repeat customer base and longstanding commercial relationships. The business occupies a highly visible trading position within a busy parade surrounded by independent retailers, cafés, residential developments and heavy daily footfall connecting Hoxton, Shoreditch, Old Street and Islington.
Trading for over 40 years, the business specialises in shoe repairs, leather restoration, key cutting, engraving, watch repairs and specialist restoration services and is widely recognised within the local area for the quality of workmanship and specialist services offered. The business also benefits from a strong online presence with a substantial number of 5 star Google reviews together with established social media presence and repeat commercial trade.
The sale includes an extensive range of specialist workshop equipment, machinery and operational assets with an estimated replacement value believed to be in the region of £50,000 to £55,000 when purchased new. Full asset information can be provided upon request.
The business is being offered with a brand new 20 year lease at a proposed passing rent of approximately £1,950 per calendar month, subject to legal documentation and solicitor approval. The premises include the main retail frontage together with extensive workshop and operational areas to the rear.
The business currently employs 3 members of staff and benefits from longstanding repeat trade together with commercial relationships and partnerships developed over many years of trading.
The sellers are currently seeking offers in the region of £210,000 for the goodwill, business, assets and equipment.
Financial information and further business information remain strictly confidential and will only be released directly through AgentLocal following a successful enquiry process.
Viewings strictly by appointment only through AgentLocal.
Situated on the iconic Hoxton Street within one of London’s most vibrant and rapidly evolving areas, Hoxton Shoe Repairs has built an exceptional reputation over many years for its specialist craftsmanship, repeat customer base and longstanding commercial relationships. The business occupies a highly visible trading position within a busy parade surrounded by independent retailers, cafés, residential developments and heavy daily footfall connecting Hoxton, Shoreditch, Old Street and Islington.
Trading for over 40 years, the business specialises in shoe repairs, leather restoration, key cutting, engraving, watch repairs and specialist restoration services and is widely recognised within the local area for the quality of workmanship and specialist services offered. The business also benefits from a strong online presence with a substantial number of 5 star Google reviews together with established social media presence and repeat commercial trade.
The sale includes an extensive range of specialist workshop equipment, machinery and operational assets with an estimated replacement value believed to be in the region of £50,000 to £55,000 when purchased new. Full asset information can be provided upon request.
The business is being offered with a brand new 20 year lease at a proposed passing rent of approximately £1,950 per calendar month, subject to legal documentation and solicitor approval. The premises include the main retail frontage together with extensive workshop and operational areas to the rear.
The business currently employs 3 members of staff and benefits from longstanding repeat trade together with commercial relationships and partnerships developed over many years of trading.
The sellers are currently seeking offers in the region of £210,000 for the goodwill, business, assets and equipment.
Financial information and further business information remain strictly confidential and will only be released directly through AgentLocal following a successful enquiry process.
Viewings strictly by appointment only through AgentLocal.
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