Profitabled Bridal Wear Shop in East Yorkshire

This store carries iconic and exclusive fashion-led bridal designers from all over the world, all of which are very sought after and difficult to get for a new business. This is not your average traditional bridal boutique. This bridal store has a great brand story and unique selling point which has taken 7 years to build.

DOUBLE FRONTED PREMISES in the region of 1,075 ft², tiled floor, suspended ceiling with spot lights and chandelier, sales counter, laptop, card machine, hanging rails.

With modern minimalist yet inviting décor, the boutique is fully fitted and situated in a vibrant fashionable location in Hull amongst many bars, restaurants and other independent retail stores, however the business could be relocated.

Changing room plus seating area.

Toilet with w.c. and wash hand basin.

Small Kitchen area.

Large Stock room

Turnover : WE ARE INFORMED by the owner the turnover currently averages £4,600 p.w. We understand the accounts year ending 31st March 2024 show sales of £199,752 with gross profit £92,441 with a net profit of £53,135

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £110,000 plus STOCK AT VALUATION (£55,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £110,000 (M5642)

www.NationwideBusinesses.co.uk