Hilton Smythe are delighted to welcome to the market this well-established and very popular bridal boutique in Bedfordshire.
The business was established by our client in 2000 and is only now being offered to the market due to our client’s desire to re-locate and a well-deserved retirement. The business operates 5 days per week and generates a turnover in the region of £100,000 per annum, with a gross profit of approximately 45%.
The bridal boutique specialises in high class wedding dresses, bridesmaid dresses, mother of the bride outfits and prom dresses from top designers such as Alfred Angelo, Sophia Tolli, Veromia, Hilary Morgan and Sonsie, together with a wide range of accessories and jewellery by Jupon, Richard Designs, Warren York and Emmerling. Our client also offers in house alterations.
The property boasts a spacious sales and display area, which is presented to a very high standard, with two rear viewing/changing rooms to the rear. The business has built up an enviable reputation within the area for the high quality of the couture and services offered, therefore benefiting from a very high volume of word of mouth recommendations.
We feel the turnover could be increased by extending the opening hours, perhaps by opening on Mondays. A new owner could also expand on the prom dress side of the business or add a special occasion clothing range. The bridal boutique already has a very comprehensive and informative website in place to advertise the business.
This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
This bridal boutique occupies substantial ground floor premises, ideally located in Bedfordshire. The business is surrounded by a wealth of complimentary shops and businesses, therefore benefiting from a very high volume of footfall and passing trade. The business further benefits from good car parking facilities within the vicinity.
The area of the business is well served by the public transport system, with several bus stops being within easy walking distance of the property. The nearest railway station is approximately 3½ miles away. The area is also very well served by the A-roads, with the business being located on a busy A-road, which links to the vast A-road and motorway networks.
Substantial ground floor premises, briefly comprising:
Main sales and display area:
Large display windows.
Wood effect flooring.
Serve over counter with electronic cash register
Dress display racking to perimeter walls.
2 x large private viewing/changing room with seating and curtain partition.
Alteration room with:
Ironing board and iron.
All clothing rails.
2 x clothes steamers.
3 x display units.
6 x chairs.
Electronic cash register.
Iron and ironing boards.
Parking to rear.
We are advised Leasehold:
Original lease length: 5 years
Remaining lease length: Review due.
Review every: 5 years
Rent: £875 per month
The business is open:
Tuesday – Saturday: 9.00am – 5.00pm
The business is owner run and managed with 3 x staff members.
The business generates a turnover in the region of £100,000 per annum, with a gross profit of approximately 45%.
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