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Under Offer
Property Details
City Business Brokers are pleased to offer this superb opportunity to acquire a well-established, fine lingerie, nightwear, and beachwear boutique.
Located in the heart of Cheltenham’s fashionable and up-market Regency Montpellier shopping area, and within The Cheltenham Business Improvement District, the double-fronted shop benefits from high footfall and an annual turnover of £182,000.
Cheltenham welcomes over 1.7m visitors a year, spending £122m, and is outperforming the national average on town centre vacant shop units, making this an excellent location for investment.
The owner has been in business for over 40 years and prides herself on excellent, personal customer service. She and her extremely experienced staff offer a specialist measuring and fitting service for customers.
The premises has been decorated to a high standard throughout and the current owner has skilfully combined the character features of the property with modern fixtures and fittings. Their high-quality website is fully functional, bringing in approx. £80000 annually, with huge potential for future growth. Another key asset for the business is the strong supply chain that the current owner has developed with key suppliers in their industry, which ensures quality products for all clients.
Key details:
Turnover: £182,000 pa with good profits
Rent: £20,000 pa
Open: 5 days a week
Further info: The current owner is selling due to retirement.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
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.