20 Castlegate, York, YO1 9RP
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The Hat Shop, 24 Pavement, York, YO1 9UP

Tenure: Leasehold
For Sale £95,000 Leasehold Business for sale (ref 17)

BUSINESS FOR SALE – This thriving, long-established business boasts a proven track record of success with excellent trading results and profitability. Its prime city centre location opposite Marks & Spencer guarantees high footfall and potential for further growth through participation in Christmas Fayres and online sales via a website/internet shopping platform. Easily manageable with minimal staffing requirements, this opportunity offers a smooth transition for a new owner to take the reins of a well-oiled and successful business.

Thriving and long-established business in a prime City Centre location opposite Marks & Spencer

Excellent trading results and profitability and easily managed with limited staffing requirements

Further potential to attend Christmas Fayres and similar

Website/internet shopping opportunity

Located on Pavement in York city centre, close by to The Shambles and other major retailers.

GROUND FLOOR
RETAIL AREA: 12.5m x 4.2m max, incorporating glazed display windows with electric screen heater to door, suspended panel ceiling with fluorescent panelled lighting. Additionally, there is surface mounted spot lighting and Mitsubishi air con/heating unit. At the rear of the unit; door to rear store.

CHANGING ROOM: 2m x 1.9m
REAR STORE/PASSAGEWAY: 3.3m x 3.7m max, stairs to upper floors and leading to: –
REAR HALL: Door to rear yard and double door access to loading dock, with further access to: –
REAR EXTERNAL STORE: 2.07m x 1.66m

FIRST FLOOR
LANDING/STAFF ROOM: 5.69m x 2.96m, stainless steel sink with single drainer, 2 WCs each with bracket wash hand basin, one having shower cubicle. Stairs to second floor, access to: –
FRONT STORE: 5.86m x 4.32m plus bay window, including night storage heater, bay window and ceiling cornice.

SECOND FLOOR
LANDING: Stairs to third floor with access to: –
INNER STORE: 2.43m x 4.0m plus recess with access to front and rear stores
FRONT STORE: 5.85m x 4.26m including bay window
REAR STORE: 4.02m x 3.60m

THIRD FLOOR
LANDING: Door to: –
INNER STORE: 3.58m x 3.96m access to rear stores
FRONT STORE: 6.05m x 4.15m, with exposed roof timbers and Georgian basket grate
REAR STORE: 4.02m x 3.6m

OUTSIDE:To the rear of the property there is access for loading.

The business is operated by two full-time proprietors with various part-time staff employed. The shop trades seven days a week between 10:00am and 5:30pm generally and 11:00am to 4:30pm on Sundays.

Accounting information will be made available to interested parties following a formal inspection of the premises. However, sales are noted to exceed £10,000 gross per week on average.

Additional income generated from stall at York Christmas Market (booked for 2023) and potential to attend other craft and similar fayres. Internet shopping can be easily developed.

See website: https://hatshopyork.co.uk/

Tenure: Leasehold
For Sale £95,000 Leasehold Business for sale (ref 17)

Excellent trading results and profitability and easily managed with limited staffing requirements

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