FOR SALE
635768
6889M / Rightbiz
This thriving and long-established hair salon is now available for sale for the first time in 30 years, due to the current owner’s planned retirement. Located in a prominent trading position on Baker Street, Brighton – between London Road and The Level – the salon enjoys excellent visibility in a high-footfall area known for its vibrant mix of independent shops, cafés and residential homes. The salon has built an outstanding reputation over the years, with glowing reviews and a loyal customer base. It currently holds an impressive 4.8-star rating on Google and a 4.7-star rating on Facebook, a testament to the quality of service and care delivered consistently by the experienced team. The business offers a full range of services including wash and sets, cut and blow dries, perms, micro ring and tape hair extensions, permanent and semi-permanent colours, balayage, and specialised treatments such as keratin, collagen and hyaluronic acid. The premises are well presented and come to the market in good condition, offering a warm and welcoming environment. This is a turnkey opportunity for an experienced stylist looking to take over a reputable and established salon or for an investor seeking a profitable business in a popular and growing part of the city. With its exceptional reputation, strong local following and prime location, this salon is perfectly positioned for continued success under new ownership.
THE PREMISES: This established hair salon enjoys a prominent position on Baker street, Brighton, which is located between London Road and the Level – a thriving and densely populated area benefiting from excellent visibility and steady footfall. Ideally situated near several main bus routes and with on-street parking available, the premises are easily accessible for clients travelling from across the city and from the surrounding towns and villages. The salon is presented in good condition throughout and is fully fitted, making it a turnkey opportunity for an owner-operator or investor. Inside, the space includes five professional hair stations, each equipped with mirrors, shelves, and chairs. The front of the salon houses a welcoming reception desk and designated retail display area to showcase haircare products and drive additional revenue. To the rear, the premises feature two backwash chairs and a kitchenette area used for colour mixing and staff needs. A customer toilet is located at the very back, and there is also access to a small courtyard garden.
TURNOVER: The business is currently run by the owner with the assistance of two full time stylists. The salon currently opens from 9am-5pm on Monday, 9am-7pm Tuesday-Friday and 9am-3:30pm on Saturday. We are informed that the current average weekly turnover is £3,300, exclusive of VAT.
TENURE: The ground floor premises will be held on a new FRI 12 year lease at a commencing rental of £15,000 per annum. Upward only rent reviews to take place every 4 years.
RATES: We have been verbally informed that the business benefits from the Small Business Rate Relief. The rateable value for the property is £3,350 per annum. Prospective occupiers should make their own enquiries to verify same.
GENERAL REMARKS: This business was personally inspected by the vendor’s sole agent. The business will come with a new lease and has the benefit of very low overheads. The salon has a loyal client base with an excellent reputation and located in an ideal premises benefiting from a high footfall. Early Inspections Advised.
PRICE: We are instructed to quote for the lease, goodwill, equipment, trade fixtures and fittings £45,000 SAV
LEGAL FEES: Each party to be responsible for their own legal costs.
VIEWING: On no account should any approach be made to the 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 obtaining an EPC.
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: 6889M
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
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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