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Shop for sale

Birmingham Road, DY10

Sold STC 78 sq. m. | £29,995

Property Description

Commercial information

  • Business for sale
  • 839 sq ft (78 sq m)

Key features

  • REF: 2933
  • LEASEHOLD
  • BRIDAL WEAR

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well established and very popular bridal boutique in the quaint village of Blakedown, near Kidderminster, West Midlands.

The business was established by our client in 2012 and is only now being offered to the market due to our client's desire for a change of direction. The business currently operates 5 days per week and according to the 2016 accounts it generates a turnover in the region of 118.323 per annum, with a good gross profit.

The business is an exclusive and elegant bridal shop, which specialises in designer dresses and accessories. Our client is a preferred stockist for award winning UK and international bridal wear designers Charlotte Balbier, Stella York, Stephanie Allin, Benjamin Roberts and Lillian West.

The property is beautifully presented and maintained to a very high standard with a large bridal display area and a generous sized changing room. There is also a second changing room in the back of the boutique, this assembles by closing blinds on a door and window and pulling across a curtain, this then offers our client to take two appointments at any one time.

The business has built up an excellent reputation for the outstanding levels and customer service, which has resulted in a very loyal client base with a lot of word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours, perhaps by opening the business on Mondays. A new owner could also embark on a modest marketing campaign to promote the excellent goods and services offered, as well as employing a full time seamstress and promote alteration services. There is also scope to attend wedding fairs to extol the designer dresses and accessories.

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.


LOCATION
La Couture Bridal Boutique occupies substantial ground floor corner premises, ideally located within the quaint village of Blakedown, near Kidderminster in the West Midlands. The business is surrounded by a mix of commercial and residential properties and is situated on the busy A456, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from free on-street parking facilities within the area, as well as a car park opposite, which is free for the first hour.

Blakedown is a small quaint village on the road between Kidderminster and Hagley, it is an affluent upmarket area and is very popular with commuters, due to its easy access to Birmingham. The village has a small church, St. James the Great, a primary school, two public houses and a village shop offering a fresh range of food and newspapers.

The area of the property is well served by the public transport system, with bus stops within easy walking distance. Blakedown railway station is just a 5 minute walk away. The area is also well served by the A-roads, with the business being located on the A456, which links to the national A-road and motorway networks. Kidderminster is approximately 3 miles away and Stourbridge is 5 miles away.

PREMISES
Attractive double fronted period property, with a bay display window to the side and large windows to the front, briefly comprising:

Ground floor with:

Deep pile sumptuous carpeted flooring.
Picture rail.
Wood panelling to dado height.
Spotlighting.
Feature glass chandelier with a beautiful period style ceiling rose.
Perimeter racking to walls displaying bridal gowns.
Large ornate antique style mirror.
Lovely wooden freestanding cabinet.
Generous size changing room with an antique style mirror and upholstered pelmet above.
Second pop up changing room.
Wooden ornate desk.

Rear showroom/workspace with:

Antique style mirror.
Drawer units.
Spotlighting to ceiling.
Perimeter hanging racks.
Kitchenette with stainless steel sink unit and drainer, combined with 2 x electric rings (made by Whirlpool).
Window to side with security grill.
Desk.
Perimeter shelving.
Laminate flooring.

Useful storage room with hanging rails.
WC with wash hand basin.

External:

Well signed.

TENURE
We are advised Leasehold:

Original lease length: 5 years
Remaining lease length: 2 years
Review every: 3 years
Rent: 9,600 per annum

HOURS
The business is open:

Monday: Closed
Tuesday: 9.30am - 1.00pm
Wednesday: 10.30am - 4.00pm
Thursday: 10.30am - As late as required
Friday: 10.30am - 4.00pm
Saturday: 9.30am - 5.00pm
Sunday: Closed

Other hours available by appointment.

STAFF
The business is owner run and managed with 1 x full time staff member.

FINANCIAL PROFILE
According to the 2016 accounts, the business generates a turnover in the region of 118.323 per annum, with a good gross profit.



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