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Beautiful Bridal Boutique Leigh

Leigh, Greater Manchester

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£49,950 +SAV

Ref: 13793 J

Leasehold

Overview

The business is trading as a bridal shop, specialising in bridal gowns, bridal accessories, bridesmaids, mother of the bride wear, and also prom and evening wear. The business has been successfully established for over twelve years, and owned by our clients for just over three years. The owner now looks to sell the boutique due to the desire to take a well-deserved retirement. The boutique offers a range of designer names, this includes Ronald Joyce, David Tutera, Sincerity, Justin Alexander and Victoria Jane. A well as bridal gowns, the bridal store also stocks a variety of accessories, this includes shoes, jewellery, tiaras, hats, fascinators, bags and more. The boutique has a website, this is easy to use and looks professional. This can be found at www.bride2beboutique.co.uk. The business also has a regularly updated Facebook page, this has over 670 followers; a great way to advertise a business. The business is currently carrying approximately £55,000 in stock.

Turnover
We are advised that according to the 2017 accounts, the business is currently turning over a turnover of circa £95,000 with a gross profit in the region of 64% The net profit is not disclosed at this time.

There is currently one full time member of staff in addition to the business being overseen by the current owners.

We are advised that the opening hours are as follows - 10am to 4pm on a Monday, Wednesday and a Friday. 10am to 8pm on a Thursday. 10am to 5pm on a Saturday. The business is closed on a Sunday and Tuesday.

Bride 2 Be Boutique is located in Leigh, Greater Manchester. The business is superbly located on the corner of two busy roads, on a roundabout, in Leigh Lancashire, and is approximately half a mile from Leigh town centre. The boutique is well appointed, close to the M61 and M6 motorway networks, as well as the A580 East Lancashire road. This location received all year-round heavy footfall and passing trade. There is parking in nearby streets.

The business is set on a prominent corner of a main road, with a main door into large bridal shop and showroom. On entry is the bright retail space. This has light walls and carpeted flooring. This area has hanging rails for gowns as well as free standing rails and shelving. There are double changing rooms to the rear of the right-hand side of the building, and to the left there are another two changing rooms, and a kitchen with door into rear yard. On the first floor of the building there are several different rooms. There is bridesmaids showroom, a sale room with dresses on sale on display, a sewing room, a prom and evening wear room, two further changing rooms, a stock room, and a fully fitted bathroom and WC. All fixtures and fittings are included in price of the sale, including glass display cabinets, shelving and racking, chairs, sofas and desk.

Tenure
We are advised that there are three and a half years remaining of a six-year lease, and the current rent is £1,000 per calendar month.

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