HAIR & BEAUTY SALON LOCATED IN THE HILTON BRIGHTON METROPOLE, BRIGHTON, EAST SUSSEX

  • Leasehold Price: £25,000
Brighton, East Sussex, England
Seller Ref:6611M
For Sale

HAIR & BEAUTY SALON LOCATED IN THE HILTON BRIGHTON METROPOLE, BRIGHTON, EAST SUSSEX

Brighton, East Sussex, England
Seller Ref:6611M
  • Leasehold Price: £25,000

Overview

Seller Ref: 6611M

Description

The salon is located in the Hilton Brighton Metropole which is located on Brighton’s seafront in the centre of Brighton. The hotel hosts many weddings and functions throughout the year as well as tourists visiting for short breaks. This well-established business has been in the same vendor’s hands since 2012 and during this time has created a very successful and popular hair and beauty salon. The majority of appointments are from regular repeat clients or through recommendation via the hotel. The salon regularly caters for wedding parties and guests attending events at the hotel. This concern offers a comprehensive range of beauty & hair treatments, which is delivered by their team of highly trained hair stylists, colour technicians and beauty therapists. The salon now only comes to the market due to the vendors wish to relocate abroad.

THE PREMISES: This business operates inside the grandeur of the Hilton Brighton Metropole Hotel and is located on the lower grand floor. Access to the hotel’s underground car park is only a few minutes away and visitors to salon also benefit from a reduced tariff for four hours stay. The salon comes to the market in excellent condition and has been beautifully decorated throughout. The reception and waiting area is located at the main entrance, adjacent to the nail bar. There are 7 stations all with and full wall mirrors, and a separate barber’s chair towards the rear of the salon and also a dedicated pedicure chair. The colour station, kitchenette and staff room are located towards the rear of the premises. The hair washing area is to the rear of the premises and consists of 2 back wash chairs. At the rear of the premises are two full equipped treatment rooms with couches. We understand from the vendors that all fixtures, fittings and equipment are owned outright. Staff and clients of the salon can use the hotel toilets which are located a few minutes away.

TURNOVER: The business is run under the personal supervision of the vendor with a number of self-employed stylised and beauticians. There is one full time stylist who rents a chair, nail technician who rents the nail bar, a Microblading beautician and a Botox practitioner who both also rent rooms. In addition to the self-employed staff, there is also one full time hair stylist. Details of the turnover will be shared with any bona fide purchaser. The salon trades 10am to 6pm on Tuesdays, Wednesdays and Saturdays 10am to 8pm, Thursdays, 10am to 7pm on Friday.

TENURE: The landlords has granted a new 5 year internal lease at rental of £24,000 per annum, plus VAT. The rent also includes management, water and electricity costs. PLEASE NOTE: The only restrictions in place, is that the salon cannot offer the same treatments as the Spa also located within the hotel.

RATES: The premises benefits from small business rate relief and current rates payable are zero. Prospective occupiers should make their own enquiries to verify same.

GENERAL REMARKS: The concern is extremely well presented and fitted and equipped to a very high standard. The business has the benefit of secure a lease. Established client base and guests/visitors of the hotel.

PRICE: We are instructed to quote for the leases, goodwill, trade fixtures and fittings Price £25,000 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: Our client is aware that an EPC is required for the property.

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: 6611M

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.

Leasehold Terms:
The landlords has granted a new 5 year internal lease at rental of £24,000 per annum, plus VAT. The rent also includes management, water and electricity costs. PLEASE NOTE: The only restrictions in place, is that the salon cannot offer the same treatments as the Spa also located within the hotel.
Trading Hours:
: The business is run under the personal supervision of the vendor with a number of self-employed stylised and beauticians. There is one full time stylist who rents a chair, nail technician who rents the nail bar, a Microblading beautician and a Botox practitioner who both also rent rooms. In addition to the self-employed staff, there is also one full time hair stylist.
Location Details:
The salon is located in the Hilton Brighton Metropole which is located on Brighton’s seafront in the centre of Brighton. The hotel hosts many weddings and functions throughout the year as well as tourists visiting for short breaks
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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