Retail premises for sale in The Stiles, Market Street, Hailsham BN27

£29,995
Retail premises for sale
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Property description

Business
Please Quote Reference B05295

Hilton Smythe are delighted to present to the market HuckleBerry Hair Salon, a highly renowned family run salon business first established in 1997.

The business is now being sold due to other business interests and a full business handover will be offered to allow any new owner the ability to walk straight in and continue trading.

The salon comes with 5 star ratings with outstanding reviews on Facebook (118 votes) Google, and have been voted by clients in both towns as the ‘best salon to visit’

They have developed a contemporary salon space with personal tutorial screens at each hair station, the ability to book appointments online as well receive advice on keeping hair in good condition. Their own range salon products account for 16% of the combined sales and we feel the promotion of these products to also purchase online would significantly boost turnover levels.

Our clients inform us 95% of clients are women and 5% are men allowing any new buyer to further add their experience in more men’s grooming styles and products.

The salon offers hair styling and colouring (use Lomax and Goldwell colours) for clients from 25-55 and ensure they keep up to date with new styles and trends for this core age group and have developed a ‘salon educator’ who makes the trading within both salons. Our client concentrates on the mid range pricing levels of salons within the area.

The salon comes with a strong and established, fully employed team in place with clear progression planning and new starter training guidance to ensure stability and standards.

Our clients now operate a mainly hands-off approach, allowing the excellent team to manage the day to day operations. They identify there are many areas they have not

investigated to grow the business more, these include -


  • Increase the number of stylists

  • Add beauty services

  • Increase the men’s styling

  • Increase online product sales

  • Increase bridal and party/ prom hair

  • Increase the pricing levels within each salon

  • Add a further salon to the company


We are very excited about the sale of this vibrant yet established salon opportunity and advise early viewing to avoid disappointment.

Our client is selling another salon in East Sussex. Please see reference B05684

Location
HuckleBerry Hair is located on the High street, near the busy junction with George Street, in the highly desirable town of Hailsham, East Sussex.

The salon is well positioned to the many destination shops within the town including an increasing number of branded restaurants and coffee shops.

The salon benefits from being directly across from 2 main supermarkets, Asda and Tesco which both offer shoppers 3 hours free parking which is a significant boost to those visiting the Town’s shops and the salon.

Hailsham is a civil parish and the largest of the 5 towns in the Wealden district of East Sussex. The Town is highly desirable location to live and socialise with hundreds of new homes being built over the last 2 years, it is located just off the A22 which links commuters north to the M25 and London. Those travelling by train can easily get to central London within 2 hours.

Premises

  • Customer reception desk, computer with ‘Phorest’ salon software, wall mounted TV display

  • 11 Styling stations each with own mirrors, bespoke storage, digital display terminals, aubergine coloured chairs and styling tools.

  • Purpose built waiting area for 4-6 clients

  • 3 Hairdressing stools, 3 styling trolleys,

  • Climazone and training aids

  • Air conditioning unit, retail shelving, CCTV with 7 cameras

  • Product shelving and storage space

  • 2 Backwash units

  • Large decorative storage space with separate private backwash area

  • Electric heating

  • Staff room, toilet, colouring area

  • Large office and 2 storage areas.



Tenure
We are advised the business is being sold as a Leasehold with 6.5 years remaining on 10 year renewable lease paying £13,500.

Current business rates paid are £3,900 however we feel with the right appeal these could be reduced.

Hours

Sunday - Closed



Monday
- Closed



Tuesday – 9.00am to 5.30 pm

Wednesday – 9.00am to 5.30 pm


Thursday
- 10.30am to 7.30pm



Friday – 9.00am to 6.30pm

Saturday – 9.00am to 4.00 pm

Staff
Salon Supervisor, 3 x full time Stylists and 1 x Graduate Stylist.

Financial Profile
We are advised the 2018 accounts will show a turnover of £105,962, gross profit of £30,220 and an adjusted net profit of £18,379.

For Further Information please contact Hilton Smythe quoting reference B05295

Arrange Viewing

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (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 Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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