Bridal Wear Shop in Hampshire For Sale

Excellent trading position, residential, office and commercial area, Hampshire .

Turnover £ 850
Price £29,950

Features

Well Established Bridal Boutique

The boutique in the region of 400 ft² and is situated within an attractive property that has been adapted to provide an intimate and sophisticated setting, offering a far more personal feel than a conventional bridal showroom.

At the heart of the premises is a secluded fitting suite, complete with high-quality mirrors and carefully considered lighting, enabling brides to enjoy a private and enjoyable experience while trying on dresses.

The layout has been created to support the boutique's bespoke service approach, allowing consultants to provide dedicated guidance and individual attention from the initial consultation through to the final selection.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £850 p.w. with a Gross profit of 44% approx.

Staff

The business is at present operated by the vendor with the assistance of 1 part time staff.

Trading Hours

Monday to Friday 10:00 – 20:00
Saturday 10:00 – 18:00
Sunday Close

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a private landlord lease granted for 10 years in 2021 with reviews every 5 years (next review 2031) at a current rent of £3,864 p.a. with shared utilities

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £29,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 14,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote