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Retail premises for sale

£29,950

East Grinstead RH19, UK

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Property features

  • Run Under Management
  • Turnover £50,000
  • Low Rent Of £288 Per Week
  • Crèche Area For Customer Use
  • Short Trading Hours
  • EPC - C

Property description

Ref 5527 – Leasehold Hair & Beauty Salon
Blacks Brokers are proud to bring to the market this leasehold hair and beauty salon located in the much sought after area of East Grinstead, Sussex.


Introduction


Goldilocks Hair & Beauty has been trading here on Railway Approach for over twenty years with our client in ownership since 2012. Over that time it has firmly established itself within the local community and built up a large and loyal client base. Some of the local trade includes visitors to Lingfield Race Course for Ladies Day and many preparations for proms at local schools and the wedding trade.


Location


East Grinstead is a popular and much sought after town in West Sussex. It lies within a commutable distance of both London and Brighton. The business is located in the centre of East Grinstead near the railway station and this area is well linked with the A22 and A24. There is roadside parking available on Railway Approach and plenty of accessible public transport links in the area.


Reason for sale


The business is only being offered for sale due to our clients other business commitments and a lack of time to dedicate to this busy salon.


Lease


The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is 12 years and began in 2006 at a cost of £15,000 per annum.


Building layout and design


The business is housed within a well presented, two storey, terraced property on a busy parade of other shops and businesses. The salon is well branded with clear, tasteful signage and branding on display with a pretty patio entrance. Inside, the main reception area is welcoming and comfortable with seating and reading materials. The main salon area is made up of four cutting stations and a well-stocked nail bar, with steps leading down to two backwash stations and product storage area. To the rear is a crèche area for customer use – this may be used as a beauty room for a new owner wishing to extend services offered. The additional beauty room already in place is furnished with a shower. Externally, there is a small, enclosed garden area.


Staff


The business currently has three members of staff in employment.


Financial details


Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business currently generates an annual turnover of £50,000 with strong gross profits. Most customers are from the local area as one would expect, with some additional trade from visitors to the area as mentioned above.


Summary


This is a superb opportunity to purchase a very well presented and ideally located hair and beauty salon in an affluent town in Mid-Sussex. This leasehold business delivers impressive weekly takings from multiple income streams with plenty of scope to develop the business further with the addition of further beauty services and longer opening hours to include late nights. 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: £29,950.

Please quote ref: 5527

Property info

What Zoopla users think of East Grinstead

Overall rating:

  • currently 3.5 stars
Good - 74% (96 ratings)

Ratings breakdown:

  • currently stars
Community & safety
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  • 1
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Nearby transport

  • East Grinstead (0.2 miles)
  • Dormans (2.1 miles)
  • Lingfield (3.5 miles)
  • London Gatwick Airport (7.9 miles)
  • Shoreham Airport (23.6 miles)
  • London City Airport (26.4 miles)
  • Ditton Island Ferry Landing (23.0 miles)
  • Kingston Town End Pier (23.2 miles)
  • Newhaven Harbour Ferry Terminal (23.4 miles)

Nearby schools

View all schools in Mid Sussex
  • St Mary's CofE Primary School, East Grinstead (0.5 miles)
  • The Meads Primary School (0.6 miles)
  • Estcots Primary School (0.6 miles)
  • Young Epilepsy (The National Centre for Young People with Epilepsy) (3.4 miles)
  • Central Sussex College (7.4 miles)
  • Orpheus Centre (9.4 miles)
  • Sackville School (0.7 miles)
  • Imberhorne School (1.1 miles)
  • Brambletye School (1.7 miles)
Note: Distances are straight line measurements

Local info for Mid Sussex

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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 Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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