Summary - 3b Market Place HG5 8AL
1 bed 1 bath Shop
**Standout Features:**
- Prime town center location with high foot traffic
- Established children’s shoe shop, with a weekly turnover of £3,600
- Impressive net profits of £60,362 for the year ending 2021
- Secure lease with a sensible rent structure
- Bright, modern retail space featuring six display windows
**Potential Concerns:**
- High crime rate in the area may concern some buyers
- Property lacks insulation and has electric heating, which may increase running costs
Nestled in the bustling heart of Knaresborough, this delightful children’s shoe shop presents a lucrative opportunity for entrepreneurs looking to thrive in a prime retail setting. With thousands of passersby daily, the location guarantees excellent visibility and foot traffic. This well-established business boasts a strong weekly turnover, and its impressive net profits make it a viable option for both first-time buyers and seasoned investors. The shop benefits from six all-glass display windows and a professionally fitted interior, making it a visually appealing choice for customers.
The property spans 732 square feet and includes essential amenities such as first-floor storage and kitchen facilities, alongside a second-floor store room. Although the current setup features electric storage heaters and secondary glazing, potential buyers should be aware of the high crime rate in the area, which could affect business operations. However, with the current lease providing flexibility for future renovations, this shop offers not just a business, but a stepping stone towards a prosperous future in a desirable, family-friendly community. Don’t miss out on this exceptional opportunity in a thriving location—viewing is essential.
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