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Prime Newcastle Beauty Shop and Salon for Sale, Complete with Fixtures and Training

Newcastle upon Tyne, Tyne and Wear
Cosmetics and Beauty shop with Salon Photo 1
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Cosmetics and Beauty shop with Salon
  • Status

    FOR SALE

  • Advert ID

    625210

  • Leasehold: Price on Application
  • Rent: £12,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Accounts Available
  • Established Business
  • Prime Location
  • Retirement Sale
  • Small Business
  • Town Centre location
  • Close to Local Amenities
  • Attractive Business
  • Split Level Trading Area
  • Fully Fitted
  • Adjacent to Multiple Retailers

Business Details

Cosmetics and Beauty shop with Salon

EllensCosmetics and Beauty is a well-established business operating in the historic Grainger Market, Newcastle for 24 years. Located in the bustling arcade, it benefits from high foot traffic and a great atmosphere, attracting a large number of regular retail customers and beauty clients.

The shop is known for its stylish and festive decor, which adds to the inviting ambiance. The product displays are well-organized, allowing easy access to a comprehensive range of beauty items. The business boasts a prime location, enhancing its appeal to both locals and tourists frequenting this Grade 1 listed building.

EllensCosmetics stands out in the area as there are no other budget cosmetic retailers in Newcastle. The business is well-positioned for growth and potential expansion, having maintained a stable turnover over the years. Currently, it employs two people and has an active online presence, which extends its reach to a broader audience.

After 24 dedicated years, the owner aims to retire, creating an opportunity for new ownership. The sale includes all fixtures and fittings, ensuring a seamless transition. Moreover, training opportunities will be offered to the new owners to help them continue the legacy of this thriving business. Nearby amenities like Grainger Market and Eldon Square further attract customers, contributing to the shop's success.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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