Beauty Salon in East Sussex For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, EAST SUSSEX

Turnover £ 3,200
Price £79,000

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 April 2017 with reviews every 5 years 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 to be agreed with a starting rent of £16,000 p.a.

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 £79,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote