Business Hilton Smythe welcomes to the market this well-established, ladies boutique occupying a central position in Pontyclun in a busy commercial and residential area.
The business itself is well managed and has been run by the current owner for the last 6 years. The owner is now looking towards a well-earned retirement.
They specialise in ladies clothing, mainly Italian clothes, shoes, handbags, jewellery and giftware. They have a Facebook page which can be found at Missy Talbot road, with great reviews.
This is very much a lifestyle business; however, it offers a good living for a single owner and could easily be improved further with a quality website offering online sales, more advertising and a wider range and diversification of products.
An internal inspection is very highly recommended to appreciate the feel and quality on offer for the discerning purchaser.
Location Missy is situated in the busy town of Pontyclun.
Pontyclun is a village and community located in the County Borough of Rhondda Cynon Taf, Wales. Just like the surrounding towns, it has seen a sharp increase in its population in the last ten years as people migrate south from the South Wales Valleys, and west from the capital city of Cardiff. In the 2011 census the population was 8086.
Easy access is gained to all surrounding areas via the A470 North and South and the M4 motorway West and East.
The major city of Cardiff is only around 12 miles away.
Premises The premises occupy a great position, offering a pleasant space of approximately 47 sqm and includes main shop area with counter and till, changing room, stock room, kitchenette with microwave and fridge, further stock room/small office and WC.
The till is less than 12 months old and we also have further quality fixtures and fittings to include a range of display shelving and racking.
The shop also comes with 2 customer chairs and a small set of steps.
An internal inspection is very highly recommended to appreciate the position and attractive business on offer.
Tenure We are advised that the business is being sold as a leasehold opportunity with a rolling lease. The yearly rental is £9,600 per annum.
Hours Monday 9.30 am to 5.00 pm Tuesday 9.30 am to 5.00 pm Wednesday 9.30 am to 5.00 pm Thursday 9.30 am to 5.00 pm Friday 9.30 am to 5.00 pm Saturday 9.30 am to 2.00 pm Sunday closed
Staff The business is run by the current owner.
Financial Profile The accounts show a healthy turnover of £71,154 for the year to 31st March 2017 with a gross profit of £29,373 and a healthy net profit of £10,222.
According to the voa website the current rateable value is £9,400 with rates payable of £2,269.29 for the 2018/19 year.
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