Boutique Gift Shop/Gallery and Clothing Store

Goadsby Commercial present beautifully presented boutique gift shop, art gallery and clothing store. Premium corner location on prestigious Poundbury (approx. 1,900 sq ft G.I.A.). Huge potential to develop and expand this already profitable business. Genuine retirement sale – in current ownership since 2011. Owners 4 designated car parking spaces.

Location
Prominent corner location in Poundbury on Queen Mother Square. Poundbury has been built on Duchy of Cornwall land, with the approval of King Charles III. Poundbury itself is home to more than 3,800 people and over 200 businesses. Queen Mother Square has a Waitrose & Partners and the Duchess of Cornwall (a Hall & Woodhouse Pub/Coffee Shop/Hotel). Dorchester Town Centre approx. 0.4 miles.

Summary of Accommodation
Entrance Hall. Gallery. Main Gift/Boutique Store. Store Room/Kitchen. Cloakrooms.

Description
Through door into Entrance Hall with tiled floor, ceiling lighting. Through double doors into Gallery with Karndean wooden flooring, ceiling lighting on rails, CCTV camera, extensive display shelving, 3 glass tables, picture wooden display racking, wall mounted picture displays, 2 wooden tables, display shelves with metal legs, 3 wooden display shelves. Across Reception with double doors into Gift Shop/Boutique with Karndean flooring, CCTV cameras, ceiling lighting on rails, 5 large feature ceiling lights, wooden manikin, 2 wooden tables, 4 x 3 shelving laminated display units, 3 wooden display units with lighting, glass display unit, 3 greeting card units, display units on wheels, greetings racking, 3 glass display cases, wall mounted electric night storage heater, counter servery, Epos till system, shelving, cupboard, extensive clothing display racking, 2 wooden display shelves, assorted wall mounted mirrors, Karndean flooring. Dressing Room with chair, mirror and curtain. Wrapping Area with Epos till system, glass display table, mirror, storage cupboard, glass table. Through door into Store Room/Kitchen with stainless steel cladding, shelving, shelving cupboards, fridge, deep bowl stainless steel sink unit, stainless steel table, hot water tank. From Gift Shop through door into Dressing Room with mirror and chair. Door into Store Cupboard. Lobby through door with storage area. Disabled Cloakroom with low level WC. Through door into 2 cubicles with low level WC, tiled floor, wash hand basin, paper towel dispenser.

Trading & Business
The business has been operated by the current owners since 2011 and is being reluctantly sold to facilitate their retirement. The owners feel that under a younger, more proactive ownership the turnover and profitability could be substantially increased. We have been provided with accounts that show that in the year ending 31st December 2023 the turnover was £512,674 with an operating profit of £125,400. Accounts can be made available to genuinely interested purchasers.

Tenure
LEASEHOLD. A new lease will be made available, with terms to be agreed, at a commencing rent of £35,000 per annum, exclusive. We have not had sight of this lease documentation.