BEAUTY SALON RETAIL SPACE LOCATED ON THRIVING PARADE IN THE HEART OF HOVE

Beautifully presented Beauty salon which is located in Hove. The salon is part of a buoyant parade of shops in this affluent part of Hove. The current vendor has been trading for 16 years and now only comes to the market as the vendor wishes to pursue other interests. They offer an extensive treatment list which includes manicures, pedicures, reflexology, facials, massages and spray tans to name a few. The salon attracts customers from the local residential area, nearby offices and from further afield due to word of mouth and their excellent reputation. The salon has received excellent reviews on Facebook and Google Reviews.

THE PREMISES: The well-presented double fronted retail unit is based in Hove on a thriving parade of shops which serves the local community. On entering the premises there is a spacious waiting area and reception, which also includes space for two nail bars. On the ground floor there is one treatment room towards the rear of the premises which is fully fitted and includes a sink. There is also a WC with wash hand basin available. The lower ground floor contains a further two treatment rooms which share a sink. There is also separate fully ventilated and tiled tanning room as well as an additional pedicure chair.   There is on street parking available outside the shop for customers.

TURNOVER: The vendor currently trades Monday - Saturday 9am-5pm.  At present the vendor works full time in the business with the assistance of one full time manager/receptionist and two part time beauty therapists.  Financial figures are available on request.

TENURE:  The ground floor and basement will be held on a new full repairing and insuring lease at a commencing rental of £18,000 per annum with four yearly upward only rent reviews.

RATES: We have been verbally informed that the business receives the benefit of the Small Business Rate Relief and the amount payable at the present time is zero.  Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: This business was personally inspected by the vendor’s sole agents who can thoroughly recommend this as being an extremely well run and presented business. Fantastic location on a very busy and prosperous parade of shops. A new secure lease. Excellent reputation and repeat business.

PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings – PRICE REDUCTION £19,950 SAV

LEGAL FEES:  Each party to be responsible for their own legal costs.

VIEWING: On no account should any approach be made to the staff without a prior appointment through the vendor’s sole agents, Watkins Commercial, Telephone: 01273 709090. 

ENERGY PERFORMANCE CERTIFICATE:  Our client is in the process of commissioning an inspection.

DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.

The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order.  The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.

VAT:    All prices and rents are quoted exclusive of VAT.  Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.

MORTGAGE & FINANCIAL PLANNING:  We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status. 

Prop. Ref:        6651M

These particulars are believed to be correct but their accuracy is not guaranteed and

they do not form any part of any contract

APPLICANTS CONFIDENTIALITY AGREEMENT

I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential.  I also undertake that I will:

i)                View businesses registered with Watkins Commercial by appointment only.

ii)               Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial

iii)              Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.

iv)              Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations

v)               Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial.