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Property Listing Details

Retail premises for sale

Abbotsbury Road, Weymouth DT4

£19,999

Description

Business
Hilton Smythe is delighted to welcome to the market this well established and popular bridal boutique, which is ideally located within Weymouth, Dorset.

The business was established by our client in 2006 and is only now, reluctantly, being offered to the market, due to our client’s desire for a well-deserved retirement. The business currently operates 5 days per week and generates a turnover in the region of £80,000 per annum, with a gross profit of approximately 63%.

Our client offers a wide range of wedding dresses, bridesmaid outfits, ball gowns, prom dresses and accessories, from a variety of designers such as Sincerity, d’Zage, Alfred Angelo and Sonsie, to name a few. The property boasts 57 sq. Metres of floor space, is very well maintained, decorated to a very high standard and well fitted out to suit the trade.

The business has built up an excellent reputation within the industry for the very high quality of the dresses and service offered, which has resulted in a high volume of word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the excellent goods and service offered. The business already has an excellent and informative website in place to promote the business at .

We are advised the landlord has put the freehold on the market for £190,000; this includes the 4 bedroom accommodation above the shop and garden to the rear. This is available upon separate negotiation.

This is an excellent opportunity for a new owner to take this already busy bridal business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

Location
Bridal & Ball occupies substantial ground floor premises, ideally located with the town of Weymouth in Dorset. The business is situated within a parade of complimentary shops and businesses, on the busy Abbotsbury Road, therefore benefiting from a high volume of footfall and passing trade. The business further benefits from on-street parking facilities to the front of the premises.

Weymouth is a popular seaside town in Dorset. It is situated at the mouth of the River Wey on the English Channel coast. According to the 2011 census, the town had a residential population of 52,323. Weymouth is situated halfway along the Jurassic Coast, which is a World Heritage Site, and is important for its geology and landforms. The town is a very popular tourist destination, with the coast, beaches, lakes, museums, aquarium and two shopping centres, being the main attractions.

The area of the business is well served by the public transport system, with a bus stop directly outside the property. Weymouth railway station is just half a mile away. The area is also well served by the a-roads, with the A354 being within close proximity, which links to the national a-road and motorway networks. Dorchester is approximately 8 miles away and Poole is 31½ miles away.

Premises
Substantial ground floor premises in an ideal trading location, briefly comprising:

Double display windows.
Carpeted flooring.
Dress rails.
Sofa.
Table and chairs.
Mirrors.
Display shelving.

Steps to a further display area with hanging rails.
2 x fitting rooms.
WC.
Small kitchen.

External:

Small outside space.

Tenure
We are advised Leasehold:

Original lease length: 10 years
Remaining lease length: 10 years as of 16th October 2016, when it was renewed for 10 years.

Rent: £3,600 per annum

Hours
The business is open:

Monday: Closed
Tuesday – Saturday: 10.00am – 4.30pm
Sunday: Closed

Staff
The business is owner run and managed with her daughter.

Financial Profile
The business generates a turnover in the region of £80,000 per annum, with a gross profit of approximately 63%.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Beechcroft St Pauls CofE Primary School 0.4 miles
  • St Augustine's Catholic Primary School, Weymouth 0.7 miles
  • Weymouth 0.4 miles
  • Weymouth Ferry Terminal 0.6 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.