Superb Bridal Gown Retailer In Buckinghamshire For Sale

Business description

Superb Bridal Gown Retailer - Buckinghamshire
Good turnover with huge scope for growth
Newly refurbished to a high standard
Growing business with great potential
Early viewing highly recommended
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer to the market this profitable and well established bridal retailer which has been in the careful hands of our client since 2008. The only reason our clients wish to sell the business is their strong desire to retire.

During our clients stewardship they have undertaken a full program of refurbishment meaning that the business is in a full walk in and trade condition. Our clients advise us that the annual turnover currently runs at £50,000 with a gross profit margin of 55% which is derived from the sales of wedding gowns, grooms attire, mother of the bride dresses and outfits plus the introduction of prom gowns which have has been a great success.

The business enjoys a strong reputation within the local community and as such enjoys repeat trade from word of mouth recommendations. The refurbishment has been recent with a 'no expense spared' approach with the highest quality fixtures and fittings used. This is a superb opportunity to purchase a true lifestyle business in one of the most desirable areas of the UK and as such early viewing is a must.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 10 years
Remaining: 8 years
Review: 3 years
Rent: £12,000pa

Living accommodation:

First floor retail unit in a modern building set in a pedestrian courtyard precinct, briefly comprising: GROUND FLOOR Entrance with small area for display leading to carpeted staircase to the first floor FIRST FLOOR The first floor trading area is open plan with a mixture of wooden flooring and carpeted area. The reception desk is of an L shape with glass showcase for jewellery. There is an area for comfortable seating with settees. The main floor is used for the display of wedding gowns with floor to ceiling mirrors and curtained changing rooms. The gowns are displayed on rails with further smaller displays for hats and accessories. There is a separate area for mother of the bride outfits and prom gowns. The lighting is halogen spots inlaid into the ceilings giving a relaxing and comfortable atmosphere. There is a kitchen and toilet plus storage room EXTERNAL Car parking for owners and customers