Retail premises for sale in Victoria Road, Bexhill-On-Sea TN39

£9,750
Retail premises for sale
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Property description

Ref 7020 – Leasehold Newly Fitted Beauty Salon
Blacks Brokers are pleased to bring to the market this leasehold newly fitted beauty salon located in Bexhill, East Sussex.


Introduction


Bexhill Beauty & Wellness Salon was established by our client in this bustling area of Bexhill in 2018. The business offers a range of beauty services and has quickly become very well known. It has a strong base of regular customers in place as well as benefiting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Facebook. Bexhill Beauty & Wellness Salon has a comprehensive website in place and a strong social media following.


Location


Bexhill Beauty & Wellness Salon occupies a prominent trading position within a shopping parade in the centre of Bexhill. The area is densely populated commercially with neighbouring businesses including independent businesses such as a wedding supply business and a successful fitness bootcamp and large multiples such as Sainsburys, The Post Office and Boots. Bexhill Railway Station is also nearby along with the Hastings Direct head office which is a huge employer in the East Sussex area. Bexhill is well linked by the A259 with strong public transport links and parking is available in the surrounding area.


Reason for sale


Our client owns another beauty salon which requires her on a full time basis. This second salon was set up solely as a back up when our client felt the first salon may need to relocate. However, the first salon does not need to relocate, meaning that this second salon is entirely managed by self employed staff. Our client feels it would be more suited to a hands on owner operator and is therefore offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a six year lease which began in 2017 at a cost of £127 per week.


Financial details


Bexhill Beauty & Wellness Salon has traded solidly since opening and the salon has established a strong repeat customer base. We are advised that the business has annual turnover of £10,556 purely from rental income. Full financial information is available upon request.


Business rates


The business owner currently benefits from small business rates relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This is a newly fitted and well known salon which occupies a superb trading position and has a strong base of regular customers in place already. There is plenty of scope to develop the business further with the introduction of new staff to offer a more consistent level of service to customers. A new owner could also benefit from a strong marketing drive, particularly online to target locals. There is also potential to offer deals for members of staff at local large businesses as outlined above. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £9,750.

Please quote ref: 7020

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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