Southgate,London,UK, ID 139856
A distinctive opportunity is available to acquire a prominently located retail business trading as Route 66 Menswear, occupying a well-fitted ground floor unit within Southgate Station on the London Underground. The business began trading in 1979 and, since establishment, has developed a notably loyal customer base that returns regularly for its range of clothing, accessories, and footwear. The owner-operator has built a strong and reliable supply chain, including brands such as Gabicci, French Connection, Failsworth Hats, Fratelli, Ben Sherman, and Trojan. There is no restriction on the brands the business may stock, with frequent updates aligned to seasonal trends and new product lines. The business is well known for its personal service and benefits from excellent reviews, reflecting the commitment of the family owners, who are now considering a sale to facilitate retirement.
The business operates with very low overheads, which represents a key attraction. In addition, there is an option for a purchaser to enter into a new lease agreement with Transport for London, the landlord. There are no business rates payable, and the current rent is 12,750 per annum.
Route 66 Menswear offers clear potential for extended opening hours and the development of an e-commerce platform, allowing the buyer to leverage the strong brand identity and customer awareness built organically over decades of successful trading.
