Retail premises for sale in Southampton, England, United Kingdom SO15

Business
Please quote reference B07839

CoGoGo welcomes to the market Hubbly Bubbly Bazaar, a highly rated retailer of smoking accessories and vapes in Southampton.

The businesses were first established by our client in 2012, starting on a trolley on the high street. Our client then opened the store a couple years ago, building up excellent reputations and regular client bases. As seen by the online ratings and reviews for both stores, they are extremely popular within the communities.

Hubbly Bubbly Bazaar has now come to the open market due to our clients desire for a change of direction.

The business stocks a massive range of smoking accessories including e-cigarettes, Vapes, Vaping liquids, grinders, water pipe, cbd products, Shisha, phone accessories, souvenirs, watches etc.

Ey selling points -

• A well established business with an enviable reputation and many existing and loyal customers


• Prime trading positions at both locations


• Current owner happy to offer a handover to ensure the continued success


• Ideal owner managed or partnership business


• Perfect Bolt On to an existing vaping business looking for a foothold in Southampton

Scope for further growth -

• Advertising and Marketing campaign


• Maximise the use of social media across all platforms


• Update the existing website ideally adding an e-commerce facility


• Invest in seo and ppc to drive more customers to the business

All fixtures, fittings and equipment pursuant to the running of the business included in the sale.

Location
The business is located on Bedord place and is surrounded by complimentary retail businesses.

Premises
Occupies a ground floor retail unit that isideally suited to the trade with a generous retail area along with store rooms to rear.

Additional space available in the basement.

Private car park.

Tenure
We are advised that the business is being sold on a Leasehold basis, on the following terms -

(Commenced 02/02/2020) Currently on a 5 year lease and rent of £14,500 per annum (£15,000 per annum from year 3).

Hours
The current trading hours are -

Monday to Saturday - 12pm - 8pm

Staff
We are advised that the business is run and managed by our client, with the help of staff.

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £277,000. Further financials can be made available upon request.