1/2/2019 | Retail

A gem of a retail opportunity presented in Bletchley

Pattni Jewellers, in the heart of Bletchley, a bustling suburb of Milton Keynes in Buckinghamshire, has been brought to the market by specialist business property adviser, Christie & Co.

Situated in the busy Queensway shopping parade, Pattni Jewellers benefits from high footfall as well as a strong loyal customer base, built up from years of strong service selling jewellery as well as repairing and modifying other items.

The lock up store comprises a display area, fully equipped workshop, sales area and store room which sits to the rear of the premises, with the property providing a new owner with great potential to change the terms of use and bring a new retail offering to the borough. 

Lying within an hour’s travel of London, Oxford and Cambridge, Bletchley is a highly accessible area with many top class cultural and outdoor attractions, including Bletchley Park, Snozone, Stadium MK and the University of Oxford. 

The business has been trading successfully for over 30 years and current owners, Mr and Mrs Pattni, have owned and operated the store since 2009 and have now decided to sell the leasehold in order to retire. 

Tom Glanvill, Senior Business Agent at Christie & Co’s Winchester office, is handling the sale and comments, “Due to the site’s prominent position in the heart of Queensway Parade, Pattni Jewellers offers considerable potential for a new owner to take advantage of this well-established business in an up and coming area.

“There is considerable scope for a wide range of alternative uses for the property or, having been run successfully as a jewellery business, an ideal platform for a new owner to take the business forward. Sites in busy retail parades which see substantial footfall such as these are in strong demand and we anticipate high levels of interest from a range of buyers and retail businesses.”

Christie & Co is seeking £30,000 for the leasehold interest of Pattni Jewellers, with an annual rent of £11,000.