Gator Business Sales is delighted to be able to offer for sale The Bay Window Gift Shop.
Originating from a consortium of 5 like-minded retail entrepreneurs back in 2015, the vendor has developed and established the business into one of, if not the best gift shops in the area. The business has an ethos of promoting and selling locally sourced items wherever possible, together with a number of well-known and carefully chosen national brands such as East of India, Sass & Belle, Cinnamon Aitch, Bath House, Thought, etc.
The Bay Window is a one-stop shop when looking for quality greetings cards and gifts for family and friends of all ages, newborns through to grandparents. The Jellycat range of soft toys and gifts is particularly popular with customers buying for babies and young children.
Although predominantly a gift and card shop, the business also offers a small selection of ladies clothing and accessories, along with some homeware items. Everything in the shop is beautifully presented and makes best use of the space and bespoke fixtures and fittings.
Operating alongside the “bricks and mortar” retail business is a custom-designed e-commerce website, so just about every item sold in the store is also available to purchase online. Tech-savvy buyers would no doubt look to further maximise this important asset.
Stock at valuation (SAV) will be sold in addition to the purchase price of the business.
This is a great opportunity to acquire an established and profitable business with dual income streams, which will be of interest to both seasoned retail professionals and first-time business owners alike.
PLEASE NOTE: THE VENDOR HAS REQUESTED THAT NO DIRECT APPROACH SHOULD BE MADE TO THEM, AND ALL REQUESTS FOR INFORMATION NEED TO BE MADE VIA GATOR BUSINESS SALES.
Property Details: Leasehold
Asking Price: £24,950 + SAV
Trading Hours: Tuesday-Friday: 10.00am-5.00pm, Saturday: 10.00am-1.00pm.
Employees: The business is predominantly run by the owner with occasional casual help.
Location: Super location in the centre of Wilton, with free parking directly outside and adjacent.
Premises Details: Nicely presented, well maintained, and surprisingly spacious two storey end premises totaling approx. 72.6 sq m/781 sq ft.
Lease Terms: Our client currently has a 6 year lease. The landlord is local and is aware that the business is being marketed for sale. He is keen to retain The Bay Window Gift Shop as a tenant, and has indicated that he would be prepared to offer a new lease to the purchaser at an incoming rent of £9,600 per annum.
Reason for Sale: The vendor has increased family care commitments.
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