CONTEMPORARY TATTOO STUDIO MARKET SQUARE, CENTRAL BRIGHTON LOCATION

This tattoo salon occupies one of the premier positions within the heart of the Brighton’s city centre. The tattoo salon has been open for just over two years and now only comes to the market due to the vendors wish to relocate. The tattoo studio specialises in contemporary black ink art work in a wide range of styles. They have created an excellent reputation and valuable repeat customer base, with 5-star reviews on Google. In addition, they also have a large number of followers on Instagram. This is an excellent opportunity to buy a fully fitted tattoo studio in a prime location in Brighton City Centre with an established client base and excellent reputation.

THE PREMISE:  The tattoo studio is located in a prime location on Market Street, Brighton. Which is in Brighton’s town centre and is only minutes from Brighton’s South Laine, Brighton’s Town Hall and many retail outlets. This is one of the busiest areas in Brighton and sees a high footfall throughout the year. The studio comes to the market in excellent condition and was fully refurbished in 2021. On entering the studio there is a spacious reception area and on the ground floor with 3 memory foam tattoo beds and a consultation area. On the first floor there are a further 3 memory foam tattoo beds available, a kitchenette for staff and toilet. In addition to this the vendor has created a photo booth area for clients to use. The premise is fitted with CCTV, sound system and air conditioning.

TURNOVER: This business is currently run by the vendor with the assistance of 2 full time tattoo artists, 3 appetencies and 2 part time managers. The business currently trades 9:30 – 7pm Tuesday-Sunday.  We have been informed that the weekly average turnover is £2,800 per week. At present the business operates by appointment only, however if they were to accept walk-ins as well, this would increase their turnover.

GENERAL REMARKS: Excellent trading position in Brighton. High footfall throughout the year. The property comes to the market in excellent condition with a wealth of trade fixtures and fittings. Obvious potential of this business will immediately be seen at the time of inspection. The business has an excellent reputation.

TENURE: The premise is held on a full repairing and insuring lease at a current rental of £27,500 per annum exclusive. The rent is due to increase to £29,000 in year 3 and to £30,000 in year 4. The lease has approximately 9 years remaining and there is break clause at year 5.  

RATES: We have been verbally informed that the current rates payable are £3,600 per annum. The rateable value of the property is £25,250 per annum. Prospective occupiers should make their own enquiries to verify same.

PRICE: We are instructed to quote for the goodwill, valuable lease, and certain trade fixtures and fittings Price £55,000 SAV. Reduction 

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

VIEWING: 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 has been rated a band E, full report 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:   6756M

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 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 Com