An Isle of Wight business, based in restored barns between Ventnor and Whitwell, is on the market for offers in the region of £125,000.
Agent Gully Howard describes it as a 'turnkey operation,' benefitting from a substantial amount of stock, which is presented in attractive rural surroundings.
Bridal Treasures boasts orders on its books until December 2023, as well as two leased units, offering around 103m² (1,108ft²) of space.
This successful business was originally run from the owner's home, but an expansion prompted a move to Dean Farm.
Bridal Treasures is the Isle of Wight's exclusive stockist for designers including Kenneth Winston, Sophia Tolli, Dando London, Demetrios, Cosmobella, Rachel Allan, Enchanting by Mon Cheri, Richard Designs, Twilight Designs, Paradox London, and Envogue.
The business holds significant stock which the agent says has a wholesale value of over £100,000, plus a further £50,000 in accessories and other items, all of which are included in the purchase price.
As a business, in 2022/23, Bridal Treasures had a rateable value of £6,600, however potential purchasers are advised to contact the Isle of Wight Council for details for 2023/24.
The existing lease on the premises has approximately two years left to run, at a current rent of £10,272 per annum.
Accounts will be provided for potential purchasers.
Isle of Wight County Press property need to know:
- Location: Near Ventnor
- Price: £125,000
- Agent: Gully Howard
- Tel: 01983 301434
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