Featured Listing – Hot Clothing & Union Limited

Hot Clothing & Union Limited, a long-established and highly respected clothing retailer located in the heart of Newcastle, is now available for acquisition through Blacks Brokers for £499,995. Established in 1987, this business has built a remarkable reputation for offering an expertise in denim and casual wear that was once rare in the NorthEast. By sourcing premium brands from across the globe and providing customers with an approachable and knowledgeable shopping experience, Hot Clothing & Union Limited has become a cornerstone of the local retail scene, enjoying a strong base of loyal repeat customers while also benefiting from substantial passing trade thanks to its excellent central trading location.

Over the decades, the business has developed a distinct identity, focusing on creating a stress-free and enjoyable shopping atmosphere. This has resulted in an outstanding reputation, with glowing reviews across Google, reflecting the commitment of the current owners to quality service and customer satisfaction. Beyond its physical presence, Hot Clothing & Union Limited maintains a comprehensive website, offering online engagement with customers and supporting sales. This combination of offline and online retail presence positions the business perfectly for a new owner looking to expand the reach of this respected brand.

The business is ideally suited to a hands-on owner-operator who can build upon the strong foundations laid by the current owners. Due to retirement plans, the opportunity is now available for a new operator or team to step in and take the business to the next level. This could include expanding product lines, enhancing marketing campaigns, leveraging social media, or further optimizing online sales channels, all of which represent untapped growth potential for the savvy purchaser.

Hot Clothing & Union Limited occupies a prime main road trading position within a parade of shops and offices. The area is densely populated with a mix of independent retailers and large multiples, offering high visibility and excellent footfall. The surrounding neighborhood features numerous attractions and amenities, including hotels, theatres, restaurants, the historic Grainger Market, and nearby train stations. Accessibility is further enhanced by proximity to the A167(M) and strong public transport links, with convenient parking available in the surrounding area. This enviable location provides the business with both steady local clientele and a constant influx of visitors, creating an exceptional trading environment.

The premises themselves are spacious, impressive, and fully equipped. The business operates from the ground floor of a substantial property featuring large branding and signage above a fully glazed frontage, creating a welcoming and highly visible storefront. The interior is thoughtfully designed across two floors, offering extensive retail space, multiple changing rooms, a storage area, office facilities, and staff amenities including a kitchen and toilet facilities. All areas are presented to a high standard, ensuring the new owner can step in and operate without the need for significant refurbishment or investment. The business currently benefits from Small Business Rates Relief, with interested parties encouraged to confirm exact rates with local authorities.

Financially, Hot Clothing & Union Limited has demonstrated consistent and solid performance. For the year ending 31st March 2025, the business reported an annual turnover of £745,185, a gross profit of £338,348, and a net profit of £157,347. Operations are currently managed by the two owners, supported by a team of four staff members. The premises are available on a Full Repair and Insure (FRI) lease, which is a standard form of commercial lease, with the current agreement running for ten years at a weekly cost of £327, full terms to be confirmed. Comprehensive financial information is available upon request, allowing prospective buyers to fully assess the business’s performance and potential.

All fixtures and fittings are included in the sale, ensuring that a new owner can take over the business seamlessly. The store operates Monday through Saturday from 10:00 to 18:00, and on Sundays from 11:00 to 16:00, aligning with peak shopping times in the central Newcastle area.

Hot Clothing & Union Limited represents a rare opportunity to acquire a highly regarded and long-standing retail business with a proven track record. The combination of a prime trading location, a loyal customer base, strong financial performance, and a well-presented premises makes this business exceptionally attractive for a hands-on operator or an established retailer seeking to expand their footprint in Newcastle. With additional opportunities to enhance online sales, implement new marketing strategies, and leverage social media, there is substantial potential for future growth and increased profitability.

In summary, Hot Clothing & Union Limited is more than just a clothing store; it is a business with decades of goodwill, a well-established reputation, and a loyal customer following. Its prime location, impressive premises, and high-quality stock make it an enticing acquisition for anyone looking to step into a thriving retail business immediately. Early viewings are strongly advised due to the excellent trading position, robust financial performance, and the rare availability of a business of this calibre in Newcastle.

If you are looking to buy a business with established foundations and strong growth potential for £499,995, Hot Clothing & Union Limited offers an exceptional opportunity. Likewise, if you are a business owner considering selling your own business, contact Blacks Brokers today to explore how we can help achieve the best possible outcome.