*PRICE REDUCED*
*RENT-FREE FOR FIRST THREE MONTHS*
City Business Brokers are pleased to bring to the market this very well-established concern which enjoys all the considerable commercial advantages of a fantastic trading position within a well-known pedestrianised area in Stourbridge town centre. The shop has been in business for a number of years and with the present owners for 9 years. This is a genuine sale.
Operating from substantial, secure and extremely well-fitted one storey premises, the business currently primarily conducts a popular retail operation of an extensive selection of bridal gowns, prom dresses, evening wear and associated accessories all displayed to its very best advantage in a bright, spacious and well appointed showroom area. The sale comes complete with all fixtures, fittings and equipment with stock extra (circa £30000!). There is potential to grow by opening 6 days and longer hours, employing a seamstress and consider menswear and evening gowns. ** It is important to note that to maximise profit the business must be totally owner-run.
*NOTE: The first 3-months Rental will be paid by the Seller*
Financial Information: The current turnover is in the region of £75000+ per annum.
Lease: The premises are held on a existing lease with 3 years left or, alternatively, a new lease is available (3-6 years).
Rent: The rent equates to £1080 per month. The business rates are zero per annum.
Trading Hours: 5 days - Tuesdays to Thursdays 10am-5pm, Friday 10am to 4pm and Saturday 10am to 5pm.
Property Description: This Bridal showroom is located on a busy thoroughfare just off the main shopping street and close to all major car parking. The entrance into the premises leads to the main sales and display area. Inside the shop there is a stunning array of wedding dresses, prom dresses, evening wear and other accessories displayed around the shop in an open plan fashion. Attractive window displays help attract customers into the showroom. The business is well-fitted throughout and a valuable inventory of equipment is to be included in the sale price.
Viewing Arrangements: All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, telephone 0121 452 5133 /07775903332.
Tenure:
Leasehold
Leasehold Term:
3 years remain on existing lease. A new lease is available for 3-6 years.
Leasehold Term:
2.5 years remain on current lease. A new lease is available from 3-6 years.
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