Leasehold Bridal Shop For Sale

Business description

Bag a Business Ltd is pleased to offer to the market this delightful bridal shop, which is one of the oldest in Kent. It was established in 1989 and has been in the careful hands of our client since 1992. Jacqueline's House of Brides is now only being placed on the market to allow our client to concentrate on other local business interests. Run by our client with help from part-time staff members, the business has an annual turnover in the region of £170,000, achieving a gross profit of 48%. It enjoys an excellent local reputation and attracts customers from all over London and the Southeast. At present it has over 165 weddings booked for 2008, 2009 and 2010, with orders worth between £20-£30,000, which will be included in the sale. Additional income is generated from the lower ground floor of the building, which is let out to a menswear company, who pay a rent of £950 per month. We are advised by our client that she would be happy to stay on for a handover period to introduce the new owner to suppliers and brides.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 6 years
Remaining length: 6 years
Review every: 3 years
Rent: £15,000 per annum

Living accommodation:

PROPERTY DETAILS Well presented three storey premises, briefly comprising: GROUND FLOOR . Main sales area with displays of wedding dresses and accessories . Two changing rooms . Office . WC FIRST FLOOR . Fitting floor and store for ordered dresses . Office . Kitchen area . WC LOWER GROUND FLOOR (Currently sub-let) . Menswear section . Two changing rooms . Office . WC

Location:

Jacqueline's House of Brides is ideally situated on the main road that runs around Dartford town centre. It is extremely fortunate that the flow of traffic dictates that most of the cars stop outside the shop. Dartford is located 16 miles from central London and has seen tremendous investment and growth in recent years. There are some excellent schools close by, as well as some of the best leisure facilities available. Dartford is perhaps most well-known for the Dartford Crossing, the main mode of crossing the River Thames to the east of London, via the Queen Elizabeth II Toll Bridge and the Dartford Tunnel. Dartford enjoys excellent links via the nearby M25 motorway and the A2, which leads into central London to the west and Dover to the east.

Other information

Trading hours:

Mon - Fri: 9.30am - 5.00pm Sat: 9.00am - 5.00pm Sun: Closed