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Strong Turnover Beach Boutique In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R3,800,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R3,849,759
Cash Flow:
On request

This curated beach boutique is a luxury retail space situated in a prime, high-footfall position within a popular shopping centre in Cape Town’s Southern Peninsula. The boutique focuses on high-margin beach lifestyle apparel, footwear, and swimwear, currently its top-performing product categories by turnover.

Since launching in December 2023, the store has generated just under R5 million in turnover, reflecting strong market demand and a loyal customer base. With its stylish, island-inspired aesthetic and prominent location near main entrances and parking access, the boutique draws both dedicated local shoppers and a consistent flow of tourists travelling along key coastal routes, particularly during the busy summer season.

Property Information

Real Estate:

Lease

Lease Terms:

The rental space measures 85.90m² with a lease valid until 31 October 2026 at a current rental of R24,575.65 excl. VAT, subject to a 7.5% annual escalation. This excludes rates, taxes, electricity, water & refuse. The lease includes an optional renewal clause, which must be signed within three months of expiry and requested at least six months prior. The lease is to be ceded by centre management, subject to standard financial vetting and the continuation of the current shop offering. Any changes to the product mix are subject to centre management approval.

Leasehold Rent:

R294,908 per annum

Location:

Positioned at the main entrance of a busy retail centre in Cape Town’s Southern Peninsula, this boutique occupies a prominent corner unit that benefits from exceptional visibility and consistent foot traffic. The centre is located along a major tourist route that connects several of the city’s most iconic coastal attractions, drawing daily visitors throughout the year. The boutique’s placement ensures strong exposure to both a loyal local customer base and a steady influx of new tourist shoppers making it an ideal setting for retail success.

Premises Details:

The retail space measures 85.9 sqm and features a beautifully curated interior with custom-built shelving, high-quality flooring, and boutique-style finishes throughout. The shop includes a private storeroom, fitting area, and a well-positioned service counter. Large display windows offer excellent exposure to mall foot traffic. The premises are in excellent condition and require no upgrades, making it a turnkey opportunity. The current lease is valid until31st October 2026, with an option to renew. Monthly rental is R 24 471 ex.VAT, and lease terms can be discussed with serious buyers.

Planning Consent:

No special planning consents are currently required for the existing retail operation. Any potential expansion, including the addition of a wellness café or use of adjacent or rear space, would be subject to centre management approval and the obtaining of any necessary licenses or permits.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

There is exciting potential to evolve the business by introducing a wellness café serving smoothies, smoothie bowls, and healthy ready-made sandwiches and lunches an ideal fit for the existing lifestyle brand and health-conscious clientele. This could be realised if the adjacent shop becomes available. Additionally, centre management has indicated that space behind the current premises, currently occupied by another tenant, can be made available. This would allow for further expansion, either as additional storage or as a dedicated footwear section to support the boutique’s growing product range.

Competition / Market:

This boutique is the only lifestyle retail offering of its kind within its shopping centre, featuring a distinctive selection of curated resortwear, beach and swimwear, accessories, and gift items. Its prominent position near the main entrance ensures excellent visibility and steady foot traffic. There are no comparable boutiques in the immediate area, with the closest similar retail experiences located several kilometres away in neighbouring coastal suburbs. This exclusivity, combined with the store’s niche product mix and established customer loyalty, positions it strongly within the local market with minimal direct competition.

Reasons for selling:

The current owner is transitioning to a new international venture and lifestyle abroad, and as such, the sale of the boutique forms part of that strategic relocation. This presents an excellent opportunity for a buyer with an appreciation for the coastal lifestyle and an interest in managing a well-established, stylish retail business.

Trading hours:

Mon - Sunday Retail working hours

Employees:
four
Years established:
1 year & half

Other Information

Support & training:

The seller is willing to provide remote support once a week for up to four months after the sale, to assist with a smooth transition. This includes guidance on operations, supplier contacts, and general business handover, ensuring the buyer is set up for success.

Furniture / Fixtures value:
R637,930 - included in the asking price
Inventory / Stock value:
R1,475,506 - included in the asking price