Sold £64,500 - clothes
City Business Brokers is delighted to welcome to the market this busy and well-respected fashion boutique, which is ideally located within a much sought after area of Cheltenham . The business was originally established in 1977 and has been in our clients’ careful ownership ever since Only now is the business, reluctantly, being offered to the market, due to our clients unforeseen illness .The shop operates 6 days per week, generating a turnover in the region of £561000 per annum.
Our clients offer a wide variety of ladies’ fashions to suit every occasion, catering for most sizes from top designers, such as Joseph Ribkoff, Olsen ,Bianca and Gerry Weber to name just a few as well as fabulous accessories to suit
The shop boasts approximately 1500 sq. feet of retail space and is very well maintained and fitted out to suit the trade. Our clients have worked tirelessly to maintain and build on the reputation of this very successful and well-respected boutique, which has resulted in a very loyal client base of 5000 + with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by extending the opening hours, perhaps by offering Sunday trading. A new owner could embark on a marketing campaign to promote the business and goods offered ,especially the Ladies wear .The boutique already has an informative website in place to advertise the business, which we feel could and should incorporate online ordering facilities. The business would also benefit from taking greater advantage of social networking sites, such as Facebook and Twitter to promote the goods.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take the already thriving business to the next level; therefore, early discussions with CityBB must come highly recommended to avoid disappointment.
The Business occupies three levels including a Basement ( storage and Office ) and two retail floors (street level and upstairs ) of branded fashion clothing .The property is situated in the busy Montpellier area and is surrounded by complementary shops, businesses and residential properties .
It is important to note that Cheltenham is host to many Town and Street festivals throughout the year as well as the World Famous Cheltenham Horse Racing Festival which provides many customers old and new to the Boutique
Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please complete the form below or telephone 0121 452 5133/ 07775903332
All information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy