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Award winning bridal shop

Birmingham, West Midlands
Leasehold Price:
£27,500
Status
FOR SALE
Advert ID
226602
Reference
CB0407 / Rightbiz

• Award winning bridal shop

• Prime location – Jewellery Quarter, Birmingham

• Well-established – trading 5 years

• Beautifully presented throughout

• Genuine reason for sale

• Sale price includes all fixtures and fittings

• Wonderful lifestyle change opportunity

• T/O £65,000 pa, high G/P, rent £9,500 pa

Location

This beautifully presented bridal shop has an ideal trading location in the highly desirable and popular tourist area of the Jewellery Quarter in the centre of Birmingham. Standing proud on one of the areas main retail streets, the business is surrounded by a number of up-market jewellery retailers, wedding ring specialists and independent businesses. The area has a great vibe and is a close knit community. Well-known within the diamond and jewellery trade, the area attracts a high number of visitors as well as shoppers from across the UK on a daily basis, and has excellent public transport links within the city and ‘A’ road access to the rest of the West Midlands and the motorway network.

Business

Chaplin Bond are delighted to be able to offer for sale Wedding Quarter, having been established for over 5 years and only being sold due to our clients other business interests and their decision to re-locate their home. Selling a wide range of quality 'off-the-peg' ex-sample bridal gowns and accessories, the business currently runs as an outlet with a boutique vibe -achieving a very respectable T/O of £65,000 with high G/P returns, despite currently operating on an appointment basis only. Additional opening times would offer huge scope for further growth and looking to take on an order range would be beneficial to the business to move forward. The business has built-up an excellent reputation and receives outstanding reviews with considerable investment made in building up an extensive social media presence, mailing list and website, all of which are included in the sale price. Our client works with 3 self-employed, experienced seamstresses for alterations and has an array of industry contacts. The shop is beautifully presented and is fitted to a high standard and all fixtures and fittings are included in the sale price. This would make an ideal first bridal business and lifestyle change opportunity with early interest strongly recommended.    
 

Property Details

  • Highly visible from neighbouring retail roads
  • Roadside parking
  • Additional car parks in close proximity
  • Well signed
  • Large window front with quality displays
  • Secure entrance
  • Open plan shop area
  • Dress hangings and displays
  • Serving/payment counter
  • Shelf displays
  • Central seating/consultation area
  • Website/social media platforms included in the sale price
  • Handover/training period offered if required
  • 2 large changing rooms
  • Toilet and wash basin
  • Kitchenette with wash basin
  • Exceptionally well presented and secure throughout
  • S.A.V
Listing Details
Leasehold Price: £27,500
Tenure: Leasehold
Location: Birmingham, West Midlands
Sector: Bridal Wear Businesses, Wedding Service Businesses
Financials
Annual Turnover: £65,000
Annual Net Profit: Available upon request
Key Features
  • High Turnover
  • Attractive Business
  • Close to Local Amenities
  • Fully Fitted
  • Established Business
  • Open Plan Trading Area
  • Town Centre location
Contact Agent
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Advert Reference: CB0407 / Rightbiz
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