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Ladies Clothing Boutique in Affluent Location

Northampton, Northamptonshire

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Archived

£84,995 +SAV

Ref: B05894

Leasehold

Overview

Please Quote Reference B05894

Hilton Smythe is delighted to welcome to the market House of Carillon, an extremely busy and well-established ladies’ clothing and accessories boutique, which is ideally located within The Heart of the Shires Shopping Village, Northampton.  

The business was initially established over 23 years ago, with our clients taking over 5 years ago, only now does the business come to market.

The business currently sells a range of designer women’s clothing which includes day and evening wear, both formal & casual plus a complimentary range of accessories. The business has long-established supplier arrangements with the likes of Joseph Ribkoff, Betty Barclay, Olsen & Just White to name a few, plus a showroom to the renowned German trouser brand Robell, with House of Carillon being one of their largest stockists. The boutique also offers personal shopping experience appointments.

Our client has built up an excellent reputation across a wide catchment area of neighbouring counties for quality, service and expert advice on all aspects of women’s clothing bringing lots of repeat trade and word of mouth recommendations.

The area provides ample footfall, as well as regular in-house events.

 

 

Reasons to buy

  • Located in a rural shopping village, a courtyard of independent retailers including popular restaurant.
  • Free car parking
  • Established over 23 years ago
  • Brand exclusivity
  • Loyal customer base with active e-mail list
There is also scope to increase the already thriving turnover. A new owner could embark on a modest marketing campaign to promote the business and goods offered.

There is a further opportunity to develop the online presence either through the recently built e-commerce website or through external selling platforms. 

Turnover

As per the latest set of accounts the business reports a healthy turnover of £241,108.

Please Quote Reference B05894

The business is owner managed with 1 part time staff member.

The business currently opens

Monday to Sunday – 10.00am – 5.00pm

The business is located at The Heart of the Shires Shopping Village, Northampton.

The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.  The shopping village benefits from free onsite parking.

Heart of the Shires Shopping Village is set around a Victorian courtyard, which benefits from regular organised coach parties.

The area is also well served by the A-roads being within easy driving distance of the business, which links to the M1 motorway network.

The property is beautifully presented and fitted out across 2 showrooms, with flexible twin slot wall shelving system and several free standing hanging units, display cabinets, shelving and window displays, 5 fitting rooms with large mirrors, a fitted stockroom and kitchen.

The boutique also benefits from an epos system, CCTV and maintained alarm system.

The stock at value is in the region of £30,000 -£35,000.

Tenure
We are advised the Lease would be due for renewal by new owners.

Annual rent £16,500

The business further benefits from being rates exempt

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