Skip to main content Skip to footer

Retail premises for sale

£34,999

110 Hagley Road, Stourbridge DY8

Interested in this property? Call +44 1204 351867 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Business
Hilton Smythe welcomes to the market Frox Dress Hire & Sales Ltd.

The business was established by the current owners in 2011 and is reluctantly being sold only due to their wish to enjoy a well-earned retirement.

The business successfully hires and sells evening dresses for all tastes and ages for proms, balls, cruises. Since inception the owners have strived to meet each customers’ needs, giving one to one personal styling advice and by encouraging their clients to experiment, thus building a good customer relationship which in turn encourages their ladies to return for this personal approach. They also have exclusivity for Joseph Ribkoff, a very successful and popular Canadian brand, which has a huge following thereby creating destination shopping. All this in a very relaxed and informal environment.

The business sells designer dresses by Tony Bowls and Joseph Ribkoff and regularly introduces casual daywear and accessories by suppliers such as Luella, Park Lane Jewellery, Italian Moda Handbags, along with others and currently has over 300 gowns in stock for hire and sale.

The company has a good website and social media exposure including a Facebook page with 200 likes.

Scope for Improvement

Extend the opening hours

Advertising and marketing campaign

Maximise the use of social media

Update website perhaps including an e commerce facility

Review the current product range

Consider men’s hire

location
Stourbridge is a large town in the metropolitan borough of Dudley in the West Midlands. Historically part of Worcestershire, Stourbridge was a centre of glass making and today includes the suburbs of Amblecote, Lye, Norton, Oldswinford, Pedmore, Wollaston, Wollescote and Wordesley. The population was 63,298 at the 2011 census.

This great little business is perfectly situated in a main road position by a busy crossroads and as such benefits from good footfall and passing trade. The business is beautifully presented and maintained with distinctive signage.

Stourbridge has a railway station on the Birmingham to Kidderminster line with a frequent and efficient train service and the town is also served by the shortest (half mile) railway branch line in Europe, the Stourbridge Town Branch line with a shuttle service from Stourbridge Junction to Stourbridge Town Railway station in the town centre.

There is also a complex network of bus routes, both interurban and local.
Premises
GroundFloor

Shop

Immaculately presented and maintained, the shop has a ‘high end’ feel. Window and half glazed door to front creating a light airy and inviting interior, lovely plush carpeting, raised window display area, LED feature spotlighting, perimeter hanging rails displaying the gowns to the best effect, period style free standing, lacquered desk with card machine and wrapping area, under stairs storage with built in shelf for till, comfy sofa customer seating, two generous changing booths, freestanding glass display cabinet. Mirrored alcove with bespoke shelving.

Kitchenette area

With stainless steel sink and drainer and useful cupboard beneath, space for fridge. Door to rear with two allocated parking spaces behind the shop.

First floor

A lovely and generously sized room, windows to front and perimeter hanging rails with shelving above, again presented in lovely order inviting the customer to stay and browse the beautiful gowns displayed.
Tenure
We are advised Leasehold, a rolling lease is currently in place but we are advised that the landlord would be happy to negotiate an acceptable lease for a new owner.

The rent is £6000 per annum and no business rates are currently payable.
Hours
The business opens:-

Tuesday, Wednesday, Friday and Saturday 10.00am -3.00pm

Thursday 10.00am -1.00pm

Sundays closed.
Staff
The business is owner managed by the two owners.
Financial profile
The turnover of the business in 2016 was just under £50,000 approx with a gross profit of roughly £26,000 and an adjusted net profit of approximately £14,500
reasons to buy

Established business with an enviable reputation and many existing customers

Beautifully presented, maintained and fitted out making this a real Turnkey business

Minimal running costs with low rent and no business rates

A real opportunity to increase turnover significantly, current owners have been running at a pace to suit

Little or no competition locally

Current owners happy to offer a handover to ensure the continued success of the business

Ideal owner managed business, ideal for an inexperienced purchaser to take their first foray into self-employment.

What Zoopla users think of Stourbridge

Overall rating:

  • currently 4 stars
Very good - 84% (70 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Stourbridge:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Stourbridge Junction (0.3 miles)
  • Stourbridge Town (0.4 miles)
  • Lye (West Midlands) (1.3 miles)
  • Birmingham International Airport (16.6 miles)
  • Coventry Airport (28.4 miles)
  • East Midlands Airport (43.1 miles)
  • Sharpness Old Docks (52.1 miles)
  • Lydney Harbour (53.4 miles)
  • Bristol Docks Ferry Landing (69.6 miles)

Nearby schools

View all schools in Dudley
  • Oldswinford CofE Primary School (0.2 miles)
  • St Joseph's RC Primary School (0.5 miles)
  • Greenfield Primary School (0.5 miles)
  • Black Country Wheels School (0.5 miles)
  • King Edward VI College Stourbridge (0.7 miles)
  • Glasshouse College (1.4 miles)
  • Old Swinford Hospital (0.2 miles)
  • Redhill School and Specialist Language College (0.4 miles)
  • Elmfield Rudolf Steiner School Limited (0.4 miles)
Note: Distances are straight line measurements

Local info for Dudley

About the neighbours in DY8

AskMe Q&A for Dudley

Ask a question

See all AskMe Q&A in Dudley

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

Contact Hilton Smythe Commercial about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

11 more properties like this

View all Hagley Road commercial property for sale