BEAUTY SALON CENTRAL HOVE LOCATION HIGH FOOTFALL

This property comes to the market in very good condition and has been in current vendors hands for 5 1⁄2 years. The vendor only wishes to sell so that she can focus on other business opportunities. The property occupies an excellent main road position which benefits from being pedestrianised for a large part of the trading day, which attracts shoppers to the area, resulting in a high footfall. The business has also been highly rated on Treatwell, with an average score of 4.6.

THE PREMISES: The business is a double fronted premise and is located on a busy high street position, which benefits from a high footfall throughout the year. The premise comes to the market in excellent condition and has 4 pedicure chairs and 5 manicure stations on the ground floor. Upstairs there are a further 2 treatment rooms and a toilet with wash hand basin. Parking can be located on the street or in a nearby car park. We have been informed that the present vendor owns all the fixtures and fittings and will be included in the sale.

TURNOVER: The business currently trades Monday-Saturday 9am-6pm. The vendor works full time in the business with the assistance of 3 part time nail technicians and 1 self-employed beautician. Details of the turnover will be shared with any bona fide purchaser.

TENURE: The premises are held on a full repairing and insuring lease at a rental of £22,500 per annum. The next rent review will be in 2025.

RATES: We have been verbally informed that the business rates are currently zero. The rateable value of the property is £15,500 per annum. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: The vendor’s sole agents personally inspected this business. Points to Consider: Very low overheads, Enormous scope to take advantage of the main road position with benefits from a high footfall throughout the year. Premises fitted to a high standard.

PRICE: We are instructed to quote for the lease, equipment, trade fixtures and fittings £70,000 SAV LEGAL FEES: Each party to be responsible for their own legal costs.

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

ENERGY PERFORMANCE CERTIFICATE: The premises was rated a band C and the full report is available upon request.

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: 6745M

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.