City Business Brokers is delighted to welcome to the market this busy, well-respected fashion boutique which is ideally located within a much sought-after market town in Herefordshire. The business was originally established in 2014 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 wish for Retirement. The shop operates 5 days per week, generating a turnover in the region of £51000 per annum.
Our clients offer a wide variety of stylish ladies’ fashions to suit every occasion catering for most sizes from top designers in the UK and overseas, as well as fabulous accessories to suit.
The shop utilises perfectly all the of floor space and is very well-maintained and fitted out to suit the trade. Our client has 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 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 six days trading. A new owner could embark on a marketing campaign to promote the business and goods offered, especially Ladies wear. The boutique would benefit from a website/Facebook page to advertise the business, which we feel could incorporate online ordering facilities. The business would also benefit from taking greater advantage of social networking sites such as 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 established business to the next level; therefore, early discussions with CityBB must come highly recommended to avoid disappointment.
The Business occupies ground floor premises in the popular town of Bromyard in Herefordshire. The property is situated on the busy High Street and is surrounded by complementary shops, businesses and residential properties from which the business derives much trade. Being located on a busy shopping street, the fashion retail business benefits from a high volume of footfall and passing trade as well as local parking facilities.
Superb High Street location
Rolling lease. A new lease is available.