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Reference M5919
Situated in a parade, excellent main road trading position, residential, office and commercial area, EAST SUSSEX
Turnover £ 3,200
Price
£85,000
Features
Prominent Beauty Salon
SINGLE FRONTED PREMISES in the region of 360 ft² with laminated strip floor, spot lights and hanging lights. Reception desk, Ipad for booking, settee for customers' waiting, 4 manicure stations, 4 pedicure stations, portable manicure stations
Basement with
2 Beauty rooms.
Toilet with w.c. and wash hand basin.
Laundry.
Stock room.
Turnover
WE ARE INFORMED by the owner the turnover currently averages £3,200 p.w.
Staff
The business is at present operated by the vendor (as manager) with 5 self employed staff on 50% commission plus Basement Beauty room rented for £550 per month (last 18 months)
Trading Hours
7 Day week
MONDAY - SATURDAY 10am - 7pm
SUNDAY 10am - 5pm
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2016 with reviews every 5 years (next review 2026) at a current rent of £16,000 p.a.
We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.
Business Rates from April 2026 £500 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2016, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 42,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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