Leasehold Bridal Shop For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this well established and profitable bridal wear shop, in Northumberland. The business was established by our client in March 2000 and is only now being offered to the market due to ill health. The business quickly established an excellent reputation and the turnover increased year on year. The business is currently run at a pace to suit our client, approximately 18 hours per week, offering a new owner immense potential to increase turnover by extending the opening hours and advertising. Currently the business generates a weekly turnover in the region of £1,350, achieving a gross profit of 70%. This is an excellent opportunity to acquire a well established and thriving business, which offers immense scope for the future, and as such early viewing is strongly recommended.

Property information

Property:

Leasehold

Lease terms:

Remaining length: 10 years
Review every: 3 years
Rent: £6,500 per annum
Freehold option available

Living accommodation:

Ground floor retail premises situated on a busy main shopping street, briefly comprising: • Sales desk with cash register • Display units for accessories • Garment rails for dresses • Dress display stands • 2 x changing rooms

Location:

This thriving bridal wear shop is situated in a beautiful east coast town in Northumberland. The business is located on the town's main high street and is surrounded by a wide variety of complementary shops and other businesses, which generate a high daily footfall. The business also benefits from ample parking facilities nearby. The area has excellent transport links via the A1(M) trunk road, as well as good rail and bus links.

Other information

Trading hours:

3 days per week 10.00am - 4.00pm