_Business_
_Please quote reference B07459_
Hilton Smythe are delighted to welcome to the market Once, a highly rated gift
shop in Cheltenham, Gloucestershire.
Once was first established by our client in 2022 when they identified a need
in the area. The business has flourished since opening accruing a number of
regular customers along with a burgeoning reputation.
The business has now come to the open market due to our clients desire for a
change of direction.
Once is a well stocked and interesting gift shop selling a range of products
such as;
* Giftware
* Greeting cards
* Homeware
* Garden items including pots, planters and plants.
Key selling points -
* A newly established business with a burgeoning reputation and many regular customers
* Current owner happy to offer a handover to ensure the continued success of the business
* Ideal owner managed or partnership business
* Prime trading position in the popular Suffolks, recently described as the ‘Notting Hill of Cheltenham’
* Perfect business for someone looking for their first foray into self employment / business ownership
* A real opportunity to increase turnover and profits significantly, the current owner has been running at a pace to suit.
Scope for further growth -
* Advertising and Marketing campaign
* Maximise the use of social media
* Develop a website ideally with an e - commerce facility
* Extend the opening hours
* Introduce a loyalty card/scheme
* Explore online voucher discounters such as Groupon and Wowcher
_Location_
Once is located on St James Terrace, Suffolk Parade in Cheltenham,
Gloucestershire.
The business is nicely presented and maintained with clear visible signage.
There a range of specialist interiors shops, bars, cafes, restaurants and
hairdressers in the area, with the business benefits from high levels of
footfall and passing trade.
_Premises_
The business occupies a period style, terraced building in the sought after
Suffolks shopping area of Cheltenham and briefly comprises;
Shop -
* Large windows to the front bringing in good light.
* High ceilings and well stocked displays of the products
* Wood flooring and lots of space to allow room for more products.
* To the rear of the shop the kitchen area, leading to a sunny and secluded courtyard garden.
Accommodation -
* There is a basement with a shower room and kitchenette and two rooms which can be used as storage and/or accommodation.
* To the first floor are two rooms one of which is currently used as a cosy sitting room and the other a bedroom. There is also a bathroom.
_Tenure_
We are advised that the business is being sold a leasehold basis, currently on
a 3 year lease. Further rental information can be made available upon request.
(As of August 2023, 1. 5 years remaining on the lease, with a break clause in
November 2023)
_Hours_
The current trading hours are -
Monday – Closed
Tuesday to Saturday – 10am – 5pm
Sunday - Closed
_Staff_
We are advised that the business is run and managed by our client.
_Financial Profile_
Further financials can be made available upon request.

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