Project Description

Ref: GAT2069

Gator Business Sales is pleased to be able to offer for sale Gemma Ladies Shoe & Accessories Boutique.

Now in its 6th year of trading, this independent retail business offers customers a wide range of individually sourced, competitively priced alternatives to the usual high street shoe and accessories shops.

Consistent year-on-year financial performance, with a net profit available to a full-time working owner in excess of £40,000. Full accounts can be provided post the signing of a Non-Disclosure Agreement.

Fantastic central location in the cosmopolitan village of Westbourne, a fashionable and affluent area of Bournemouth.

Superbly presented and maintained premises with good lease terms.

This is a unique opportunity to acquire a highly regarded and consistently profitable business that has the added advantage of being situated in one of the most attractive parts of the country.

PLEASE NOTE: THE VENDORS HAVE 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: £27,500 + SAV

Annual Turnover: £147,000

Trading Hours: Monday-Saturday: 10.00am-5.00pm.

Number of Employees: The owner is usually assisted by one part-time employee.

Location: Ideal position on Westbourne’s busy high street. There is some free on-street parking directly in front of the shop and 3 car parks all within easy walking distance.

Premises Details: Well-maintained ground floor premises totalling approx. 35 sq m/377 sq ft.

Planning Consent: A1 Retail.

Lease Terms: Current rent is £11,000 per annum and paid quarterly. We understand that a new lease can be made available to the purchaser, subject to the usual financial checks and references.

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