Bridal Wear Shops for sale in Wolverhampton

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Beautiful Bridal Boutique For Sale in Wolverhampton!

Wolverhampton, West Midlands, England

  • Leasehold Price: £35,000
Seller Reference: 2118
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Business Description
 
 
 
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Seller Reference: 2118
Request Details
Business Description
Business description

Silk Letting Ltd welcomes to the market a beautiful bridal boutique. Situated on the outskirts of Wolverhampton city centre, this is an amazing opportunity to acquire a well-established bridal shop at a fantastic price.

This delightful family-run boutique has been successfully owner operated for the last 11 years. Through their passion for bespoke dresses this bridal shop is proud to have built up phenomenal reputation. The business offers a relaxed and friendly atmosphere which has made them extremely popular amongst brides-to-be.
The boutique offers a wide range of bespoke gowns for special occasions such as weddings and proms. The gowns are very carefully selected from U.K. designers such as Victoria Kay, Tiffany Bridal, they also offer their own bespoke dresses so only the very best is stocked. As well as dresses, the business also stocks a large variety of accessories and shoes which allows customers to find everything they will need for their special day. With an onsite alteration service, the business is currently able to tailor dresses and make any alterations needed.

As well as strong local following, the business benefits from an exceptionally strong and growing social media presence however, we believe under new ownership there is an opportunity to build on the already established 2000+ followers to continue the growth of the company. The business will also be sold with their social media following as well as the website which allows customers to see the beautiful gowns they have in stock before they visit the store.

This is a very well-presented retail business occupying an outstanding trading position on the outskirts of Wolverhampton city centre. With a beautiful window display that attracts passing customers to the showroom this is a fantastic opportunity for someone to build on a beautiful and well-established business to make it their own.
The business is currently only open three days a week, this means that there is an amazing opportunity for the new owners to increase revenue by opening more days and offering other services such as means occasion wear.

• Desirable location
• Well-established business
• Has social media and a website
• Stocks a wide range of bespoke gowns
• Phenomenal reputation
• Owner operated
• Well presented

Services
The bridal boutique is proud to offer a wide range of services as well as the excellent range of bridesmaids, flower girls, Holy Communion, and Prom dresses they have to offer. Their tailoring and alteration service allows them to make any amendments needed to the dresses onsite which means no dress ever get sent somewhere else to be amended. The inhouse seamstress which the company currently employs will also be willing to stay on under new ownership.

As well as an alteration service, the current owner designs bespoke dresses and has a seamstress in China that is able to make bespoke dresses at a low cost. Clients are able to help design their own dress which has made the business very popular. All information regarding the seamstress in China will be given to the new owners so if they would want to acquire this service.

• Inhouse seamstress
• Seamstress in China who can make bespoke dresses at a low cost
• Both seamstresses are willing to stay on under new ownership

Location
Situated 1.2 Miles from Wolverhampton City Centre, the bridal boutique is in the heart of West Midlands within easy reach of Sandwell, The Black Country, Birmingham and Staffordshire. The boutique is also situated on the A41 has which leads directly into Wolverhampton city centre as well as the surrounding areas making it easily accessible.

The business enjoys all the considerable commercial advantages of a fantastic trading position such as the free parking located on the side street next to the business. The boutique is surrounded by local amenities such as takeaways, coffee shop, restaurants attracting high footfall.

As well as the prominent trading position, the transport links in the area are fantastic with Wolverhampton Railway Station being a short 6-minute drive away as well as the West Midlands Metro system operating past the property making it easily accessible from Wolverhampton City Centre and Birmingham.

• Located on a main road
• Tram stops near business
• Other businesses located near the property such as takeaways, coffee shop, restaurants.
• Metro stop 2-minute walk away

Premises
This well-presented Bridal boutique occupies a 2 story premises with glass windows facing the busy main road. Inside is fantastically presented with 5 wedding dress bays, 2 bridesmaid dress bays, 1 mother of the bride outfit bay and 1 flower girl bay. The internal layout of the boutique allows for maximum stock to be presented; it also always allows for a wide variety of dresses to be displayed.

As well as the downstairs of the property, the first floor displays prom dresses and has a room for alterations to be made. The business is well fitted and has one dressing room, under new ownership there is potential for the shop to be refurbished to add additional dressing rooms. Free parking is available on the street next to the property.

Fixtures and fittings

Wedding dresses x 120
Shoes
Accessories
Bridesmaid dresses x 160
Jewellery
Display units
Fixtures
Fittings
Stock value: £48,000
All stock will be sold with the business

Security Features:
The property currently has 4 CCTV cameras located downstairs as well as metal roller shutters at the front of the property.

Rent and length of the lease:
The rent is currently £6,000 per annum.

Business rates:
The business currently benefits from small business rates relief

Financial details:
Available upon request

Staff:
The business is currently owner-operated, no other staff are employed

Business hours :
The business currently only operates on a part-time basis, there is a huge opportunity under new ownership to increase the opening hours:
Monday CLOSED
Tuesday CLOSED
Wednesday 10am-4pm
Thursday CLOSED
Friday 10am–4pm
Saturday 10am–4pm
Sunday CLOSED

Reason for sale
Client wants to pursue other business ventures which has brilliant opportunity

Growth Potential
• Update the shops interior
• Attend wedding fairs
• Market the business
• Have own wedding dress brochure
• Have menswear

Reasons to buy the business
• Excellent potential
• wide selection of gowns for all occasions
• good location
• free parking
• near Wolverhampton city centre

What are you waiting?
This is a fantastic opportunity that is not to be missed. Viewings are by appointment only and all enquiries are to be directed to Silk Letting.

Contact Mounif at Silk Letting Ltd on 01615079791 or Mounif@silkletting.co.uk to secure your viewing today
Trading hours:
The business currently only operates on a part time basis, there is a huge opportunity under new ownership to increase the opening hours:
Monday CLOSED
Tuesday CLOSED
Wednesday 10am-4pm
Thursday CLOSED
Friday 10am–4pm
Saturday 10am–4pm
Sunday CLOSED
Number of employees:
1
Tenure:
Leasehold
Location Details:
Situated 1.2 Miles from Wolverhampton City Centre, the bridal boutique is in the heart of West Midlands within easy reach of Sandwell, The Black Country, Birmingham and Staffordshire.
Listed by:
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