Retail premises for sale in Ebbw Vale, Wales, United Kingdom NP23

£24,995
Interested in this property? Call +44 1204 351867 * or Request Details

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

Retail premises for sale

Property description

Business
Please quote reference B06294

Hilton Smythe is delighted to present to the market Perfect Day Bridal, one of South Wales most renowned bridal wear and suit hire business opportunities.

The ‘Turn-key’ business opportunity was established in 2009 and is now being offered for sale due to our clients wish to now retire, however she will ensure a full business handover to ensure the smooth transition.

The key to longevity and success of Perfect Day Bridal has been down to the passion and personal service our client offers to each bride or groom. Our client advises all work now is mainly down to recommendations as little advertising is undertaken.

Choosing a wedding dress is a once in a lifetime decision and choosing the right person to help you is key to feeling comfortable on the big day.

As with many bridal businesses, the choice of designers is key to the brides it attracts. Our client currently offers the following well known designers -


  • Gino Cerruti

  • Bianco Evento

  • White Rose

  • English Rose


Our client currently runs the business herself with the help of two self-employed seamstresses.

The large shop is arranged over 3 floors and offers a large private changing room for friends and family to attend. Our client also offers evening appointments to accommodate those who work during the day.

In addition to the bridal side of the business, our client holds a large stock of men's wedding suits, evening jackets and waistcoats. Peter Posh have over 25 years specialising in mens and boys formal wear with an unrivalled reputation for quality and service.

The 3rd floor is designated to the mens suit hire with its own changing room facilities.

As our client is running the business alone, the suit hire side of the business is running with evening appointments after 6:00pm with her husband. The business is still getting orders coming in, and still has some in the books from last year that are postponing till next year.

Due to the Covid pandemic, all bridal businesses have been impacted however we envisage the weddings sector to enjoy a significant boom due to the number of weddings that have been put on hold.

Any new owner will be able to enjoy the new increase in demand.

Key selling points -


  • Very well established business

  • Opportunity to expand

  • Business website

  • Facebook page 1 - 1,775 followers

  • Facebook page 2 - Over 5,000 followers

  • Instagram page

  • Desirable location

  • Low rental terms

  • Nil Business rates

  • Large stock available

  • Business handover



Location
Perfect Day Bridal Wear occupies a prominent trading position along Beaufort Street in Brynmawr, Ebbw Vale in South Wales.

Beaufort Street offers an excellent mix of independent retailers, cafes, estate agents, main post office, pharmacy, hair & beauty salons, butchers, travel agents and high street brands such as New Look, Greggs.

Brynmawr is a desirable market town located just off the A465,20 miles north of Newport.

Main bus routes from nearby Merthyr Tydfil are the E3, Z15, X4.

Ebbw Vale is enjoying a significant increase in new people looking to live in the area which is clear to see by the number of new housing developments, there is also a new retail park being built near the town centre which will further increase footfall.

The business benefits from free customer parking directly outside.

Premises
Ground floor -


  • Bridal showroom - fixed display rails to both sides of the shop

  • Small fitting room

  • Understairs storage cupboard

  • Fire exit


First floor -


  • Staff kitchen area

  • Toilet

  • Large bridal fitting room

  • Storage cupboard


Second floor -


  • Men’s fitting room

  • Suit storeroom

  • 2nd storeroom



Tenure
We are advised that the business is being sold on a Leasehold basis, with 1 year remaining on the 5 year lease. The rent is £475 per month.

Hours
The business hours are -

Monday – 9:30am – 5:00pm
Tuesday - 9:30am – 5:00pm & 6:00pm – 8:30pm
Wednesday – Closed
Thursday – 9:30am – 5:00pm & 6:00pm – 8:30pm
Friday – 9:30am – 5:00pm
Saturday – 10:00am – 2:30pm
Sunday - Closed

Staff
We are advised that the business is owner ran and managed.

Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £50,000, with an adjusted net profit in the region of £11,000. Full financials can be made available upon further request.

Please quote reference B06294

Arrange Viewing

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

Contact Hilton Smythe Business Sales 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. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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

3 more properties like this

View all Beaufort Street commercial properties for sale