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Well Established Ladies Fashion Boutique For Sale

Strathaven, Lanarkshire

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For Sale

£249,995 +SAV

Ref: B06456

Leasehold

Overview

Please quote reference B06456

Hilton Smythe are delighted to have been given the opportunity to manage the sale of a well-established and popular ladies fashion boutique in the popular market town of Strathaven, South Lanarkshire.

Your Boutique 365 has been under the careful and meticulous ownership of clients for the last 8 years and has only now been introduced to the market for sale as our clients look to take well-earned retirement from the industry.

The boutique offers a wide variety of stylish ladies’ fashions to suit every occasion from top designers, as well as accessories, scarfs, and much more from the popular and well-presented boutique, the business also has a thriving online sales outlet, something that a new owner could look to easily expand and drive further sale revenue for the business.

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, perhaps with a new owner embarking on a modest marketing campaign to highlight the excellent products offered along with the introduction of some new lines to promote.

The business already has an informative sales website in place to complement the business, this could be further promoted with the introduction of some search engine optimisation to help drive additional internet traffic to the website.

The sale of the business includes the following:

  • Racking
  • Shelving
  • Garment rails
  • Counter
  • Desk
  • Garment steamer
This is an excellent opportunity for a new owner, perhaps a partnership, to take the already thriving business to the next level. Very rarely do such well-established, popular businesses come to the open market, therefore early viewings must come highly recommended to avoid disappointment.

Turnover
We are advised the business generated a turnover of circa £248,000 as of 2020. Financial information available upon request.

Please quote reference B06456

 

The business is run and managed by 3 part time staff members.

The business trading hours are as followed:

Monday to Saturday - 10:00am - 17:00pm

Sunday - 12:00pm - 16:00pm

The business is located in the centre of the popular and bustling market town of Strathaven, South Lanarkshire, benefitting from an unrivalled corner trading location, resulting in a good level of footfall, and passing trade.

Strathaven is well serviced in terms of local amenities offering excellent recreational, shopping and schooling facilities, as well as excellent road links to the surrounding towns of East Kilbride, Hamilton and also the M74 motorway which connects the M8 motorway to Glasgow and Edinburgh.

The business benefits from an unrivalled corner location in the centre of the bustling market town of Strathaven. Briefly consisting, triple window frontage on two streets, entered into the main shop floor area with various stock racking, shelving, display area and service counter, to the rear there is the back shop area with w/c facilities.

The shop is well presented and benefits from excellent external signage.

Tenure
We are advised the business is being sold on a Leasehold basis with a rolling yearly lease currently in place, the rent it £1000 per month.

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