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Retail premises for sale

£39,950

Chester CH4, UK

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Property description

Ref 5671 – Leasehold Beauty Salon

Blacks Brokers are proud to bring to the market this leasehold beauty salon located in the much sought after area of Chester, Cheshire.


Introduction


Revive has been trading at 17 Handbridge since 2013 and over that time it has firmly established itself within the local community, gaining a large customer base and excellent reputation.


Location


Chester is a large, picturesque city, founded as a Roman fortress in the 1st century A.D. It's known for its extensive Roman walls made of local red sandstone. The city is exceptionally popular with residents, shops, businesses and attracts visitors all year round. Handbridge is located close to the River Dee, approximately half way between the two university campus sites. This trading position brings much local trade in addition to passers-by and visitors to the area.


Reason for sale


Revive is only being offered for sale due to our clients personal commitments.


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 5 years with rent reviews every 3 years. The current lease began in 2013 at a cost of £6,000 per annum. The current business does not pay any rates.


Building layout and design


This lovely business is housed within the ground floor of a mid-terraced unit within a Tudor style parade of shops and businesses. The shop is well branded with signage well displayed above the fully glazed frontage and traditional style door to the left.
Inside, the main reception area is very well presented, with wooden flooring throughout and two nail bars along with the reception desk and counter area. The décor is tasteful and nicely finished with great attention to detail.
To the rear of the unit are two additional, private treatment rooms each with beauty bed and good quality fixtures and fittings in place.
Further to all this, there is a small toilet and kitchenette for staff use.
All areas are immaculately presented.


Staff


Revive currently has one full time beauty therapist in employment in addition to our client.


Financial details


Financial details are available upon a viewing of the business and Revive has traded solidly over its trading history. The business generates an annual turnover of £80,000 with incredible 90% gross profits. Most customers are from the local area as one would expect, with some additional trade from visitors to the area and passers-by.


Summary


This leasehold business offers an exciting opportunity for a beautician or other beauty business to take on this superb business with large customer base and reputation already established. There is plenty of scope to develop the business further with possible expansion into other beauty services, for example the business has specialist electrics which are suitable for the installation of a sunbed, along with the addition of Monday and Sunday openings. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations but may also be of interest to a similar business looking to expand into this area of Cheshire. Early viewings are very strongly advised. Business: £39,950.

Please quote ref: 5671

Property info

What Zoopla users think of Handbridge

Overall rating:

  • currently 4.5 stars
Very good - 85% (14 ratings)

Ratings breakdown:

  • currently stars
Community & safety
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Entertainment & nightlife
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Parks & recreation
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  • 1
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  • 5
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  • 1
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  • 4
  • 5
Restaurants & shopping
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  • 1
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  • 4
  • 5
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  • 1
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  • 5
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Nearby transport

  • Chester (0.9 miles)
  • Bache (1.7 miles)
  • Capenhurst (5.7 miles)
  • Liverpool John Lennon Airport (10.4 miles)
  • Manchester International Airport (27.9 miles)
  • Blackpool International Airport (41.0 miles)
  • Woodside Birkenhead Ferry Terminal (15.4 miles)
  • Liverpool Pier Head Ferry Terminal (15.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (16.0 miles)

Nearby schools

View all schools in Cheshire West and Chester
  • Overleigh St Mary's CofE Primary School (0.4 miles)
  • University Church Free School (0.5 miles)
  • St Werburgh's and St Columba's Catholic Primary School (1.0 mile)
  • West Cheshire College (6.7 miles)
  • Hope Corner Academy (11.7 miles)
  • Liverpool College International (13.7 miles)
  • Queen's Park High School (0.1 miles)
  • The Catholic High School, Chester A Specialist Science College (0.5 miles)
  • The Queen's School (0.6 miles)
Note: Distances are straight line measurements

Local info for Cheshire West and Chester

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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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