Scroll To Top
SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

The House Of Sun Sutton Coldfield West Midlands B75 5BS

Sutton Coldfield, West Midlands
Leasehold Price:
£34,999
Find more details, or book a viewing:
Status
SOLD / WITHDRAWN
Advert ID
226527
Reference
13797 G / Rightbiz

Details

BUSINESS
The business was established in 2000 by the current owner.

This is a reluctant sale due only to our clients wish to take a well-earned retirement.

The salon offers sunbeds and tanning. There is scope for a nail bar and other beauty treatments to be added.

The business has a Facebook page with over 480 likes.

Scope for improvement
Website
Advertising and marketing campaign
Introduce a loyalty scheme
Explore the possibility of introducing a nail bar on the premises
Offer a spray tan service
Extend the opening hours



LOCATION
The House Of Sun is located in Sutton Coldfield, West Midlands.

The business is prominently situated in a main road position and is immediately in front of the new Mulberry Walk shopping centre that has recently opened after a multi-million-pound redevelopment scheme and comprises 59,911 square feet of retail and restaurant space and comprises stores such as Boots, Prezzo, Caffè Nero, M&S Food hall. There is a large Sainsbury's supermarket a short walk away, the business is surrounded by free parking.

Linked by regular and fast services from Sutton Coldfield railway station on the Cross-City line to the centre of Birmingham, Sutton is mostly a commuter dormitory town for people who work in Birmingham.

The town is bypassed to the north by the M6 Toll, the first toll motorway in the U.K. Accessible from Sutton by junction T2 at Minworth, it also has easy access to the M6 to the south via Junctions 5, 6 and 7 and also the M42 in the east via junction 9. The parade in the town centre is the main destination and terminus for numerous National Express West Midlands bus services in and through Sutton Coldfield.

PREMISES
The business occupies the ground floor property, alongside other complimentary businesses. The business is immaculately presented and maintained, windows and glass door to front create a light and airy interior.

Wood effect flooring to front and tiled floor to the rear, reception desk with chair behind, water cooler and customer waiting area by the entrance.

Sunbeds and other equipment: -
4 x DR Kerns Stand up sunbeds
1 x Leg tanning machine
1 x Lie Down Sunbed
1 x Vibro-plate Exercise machine

All sunbeds have been re-tubed and are maintained regularly.

TENURE
We are advised this is a Leasehold.

The term was originally 5 years.
Current lease expires in 2019.
Rent charged at £18,000 per annum.

We are advised that business rates are in the region of £5,500 per annum.
The landlord would be happy to renegotiate a lease for a new purchaser.

HOURS
Monday -Thursday: 09.00 - 20.00
Friday: 10.00 - 19.00
Saturday: 10.00 - 18.00
Sunday: 11.00 - 15.00

STAFF
The business is run with the help of two full time and casuals as and when required.

FINANCIAL PROFILE
The business generates a turnover of approximately £77,000 with a gross profit of circa 96%.

EXTRA NOTES
Established business with an enviable reputation and many existing customers.
Ideal owner managed or husband and wife business.
Fantastic trading position with new shopping centre bringing in masses of new footfall.
Little or no competition locally.
Real opportunity to increase turnover significantly, current owner has been running at a pace to suit. BUSINESS

The business was established in 2000 by the current owner.

This is a reluctant sale due only to our clients wish to take a well-earned retirement.

The salon offers sunbeds and tanning. There is scope for a nail bar and other beauty treatments to be added.

The business has a Facebook page with over 480 likes.

Scope for improvement
Website
Advertising and marketing campaign
Introduce a loyalty scheme
Explore the possibility of introducing a nail bar on the premises
Offer a spray tan service
Extend the opening hours


LOCATION

The House Of Sun is located in Sutton Coldfield, West Midlands.

The business is prominently situated in a main road position and is immediately in front of the new Mulberry Walk shopping centre that has recently opened after a multi-million-pound redevelopment scheme and comprises 59,911 square feet of retail and restaurant space and comprises stores such as Boots, Prezzo, Caffè Nero, M&S Food hall. There is a large Sainsbury's supermarket a short walk away, the business is surrounded by free parking.

Linked by regular and fast services from Sutton Coldfield railway station on the Cross-City line to the centre of Birmingham, Sutton is mostly a commuter dormitory town for people who work in Birmingham.

The town is bypassed to the north by the M6 Toll, the first toll motorway in the U.K. Accessible from Sutton by junction T2 at Minworth, it also has easy access to the M6 to the south via Junctions 5, 6 and 7 and also the M42 in the east via junction 9. The parade in the town centre is the main destination and terminus for numerous National Express West Midlands bus services in and through Sutton Coldfield.

PREMISES

The business occupies the ground floor property, alongside other complimentary businesses. The business is immaculately presented and maintained, windows and glass door to front create a light and airy interior.

Wood effect flooring to front and tiled floor to the rear, reception desk with chair behind, water cooler and customer waiting area by the entrance.

Sunbeds and other equipment: -
4 x DR Kerns Stand up sunbeds
1 x Leg tanning machine
1 x Lie Down Sunbed
1 x Vibro-plate Exercise machine

All sunbeds have been re-tubed and are maintained regularly.

TENURE

We are advised this is a Leasehold.

The term was originally 5 years.
Current lease expires in 2019.
Rent charged at £18,000 per annum.

We are advised that business rates are in the region of £5,500 per annum.
The landlord would be happy to renegotiate a lease for a new purchaser.

HOURS

Monday -Thursday: 09.00 - 20.00
Friday: 10.00 - 19.00
Saturday: 10.00 - 18.00
Sunday: 11.00 - 15.00

STAFF

The business is run with the help of two full time and casuals as and when required.

FINANCIAL PROFILE

The business generates a turnover of approximately £77,000 with a gross profit of circa 96%.



£34,999
Seller Details
Telephone: Login to view
Agent Name: Login to view
Advert Reference: Login to view
Listing Details
Leasehold Price: £34,999
Tenure: Leasehold
Sector: Tanning Salons
Financials
Annual Turnover: £77,626
Location Statistics
What's nearbyi:
Ninestones Dog Grooming (approx. 0 mile)
Vermont Trust Ltd (approx. 0 mile)
Tamworth Rd (approx. 0.1 mile)
Tamworth Rd (approx. 0.1 mile)
The Mature Tradesman (approx. 0.1 mile)
Holy Trinity Catholic Church (approx. 0.1 mile)
De Tech Alarms (approx. 0.1 mile)
Capital Allowances Partnership Ltd (approx. 0.1 mile)
Love Wedding Cars (approx. 0.1 mile)
skpestsolutions (approx. 0.8 mile)
Listing Statistics
Premium Stats
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion
Tip:
Be specific on the type of details you wish to receive from the seller. This, encourages communication with both yourself and the seller and makes the process smoother.
FAQ:
After my message, what's next?
The seller will be notified instantly that you have sent a message. Please note that replies made back are entirely dependable on the seller.
How will I know the seller has replied?
Once the seller has read your message and replied to you. You will be notified immediatley via email. If the seller is using an agency/broker on their behalf, then an agent will be in touch with you either via your contact number or email.

Related Businesses for Sale

Tanning Salons
Hilton Smythe
The Tan Hut, Tanning Salon For Sale,...
Sutton Coldfield, West Midlands
Disclaimer
The data showed regarding this advert 'The House Of Sun Sutton Coldfield West Midlands B75 5BS - 13797 G / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.