Ref 7988 – Leasehold Multi Award Winning Bridal Warehouse
Blacks Brokers are pleased to bring to the market this leasehold award winning bridal warehouse located in Livingston, West Lothian.
That Special Day Ltd was established by our client in this busy area of Livingston in 2015. The business offers a wide range of bridal gowns, bridesmaid dresses and occasion wear which are designed on site. It has become very well known in this area and sector, having been awarded “Best Bridal Boutique in Scotland” on several occasions. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google, Facebook and Yell. That Special Day Ltd doesn't currently offer online sales however there is a website in place and ready to be utilised. The business also has strong social media following.
That Special Day Ltd occupies a prominent trading position in an industrial area of Livingston. Close to The Centre, Livingston and Almonvale Retail Park, the business has a number of neighbouring commercial premises including independent retailers and large multiples. There are also a number of amenities and attractions nearby including supermarkets, parks and residential areas. The area is well linked by the M8 with very strong public transport links such as trains vai Glasgow and Edinburgh and 10 private parking is available immediately outside the property.
The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a five year lease which began in June 2021 at a cost of £673 per week.
The business operates with six members of staff in employment supporting our client working on a full time basis. Staffing includes a manager.
That Special Day Ltd has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 30th April 2022 show annual turnover of £404,432 and gross profit of £189,170. Full financial information is available upon request.
This well established business occupies an enviable trading position in a sought after and well linked area of Livingston. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and longer opening hours. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £250,000.
Please quote ref: 7988