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Retail premises for sale

£34,999

3 Carlton House, Sutton Coldfield B75

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Property description

Business
The business was established in 2000 by the current owner.

This is a reluctant sale due only to our clients wish to take a well-earned retirement.

The salon offers sunbeds and tanning. There is scope for a nail bar and other beauty treatments to be added.

The business has a Facebook page with over 480 likes.

Scope for improvement
Website
Advertising and marketing campaign
Introduce a loyalty scheme
Explore the possibility of introducing a nail bar on the premises
Offer a spray tan service
Extend the opening hours

Location
The House Of Sun is located in Sutton Coldfield, West Midlands.

The business is prominently situated in a main road position and is immediately in front of the new Mulberry Walk shopping centre that has recently opened after a multi-million-pound redevelopment scheme and comprises 59,911 square feet of retail and restaurant space and comprises stores such as Boots, Prezzo, Caffe Nero, M&S Food hall. There is a large Sainsbury's supermarket a short walk away, the business is surrounded by free parking.

Linked by regular and fast services from Sutton Coldfield railway station on the Cross-City line to the centre of Birmingham, Sutton is mostly a commuter dormitory town for people who work in Birmingham.

The town is bypassed to the north by the M6 Toll, the first toll motorway in the U.K. Accessible from Sutton by junction T2 at Minworth, it also has easy access to the M6 to the south via Junctions 5,6 and 7 and also the M42 in the east via junction 9. The parade in the town centre is the main destination and terminus for numerous National Express West Midlands bus services in and through Sutton Coldfield.

Premises
The business occupies the ground floor property, alongside other complimentary businesses. The business is immaculately presented and maintained, windows and glass door to front create a light and airy interior.

Wood effect flooring to front and tiled floor to the rear, reception desk with chair behind, water cooler and customer waiting area by the entrance.

Sunbeds and other equipment: -
4 x dr Kerns Stand up sunbeds
1 x Leg tanning machine
1 x Lie Down Sunbed
1 x Vibro-plate Exercise machine

All sunbeds have been re-tubed and are maintained regularly.

Tenure
We are advised this is a Leasehold.

The term was originally 5 years.
Current lease expires in 2019.
Rent charged at £18,000 per annum.

We are advised that business rates are in the region of £5,500 per annum.
The landlord would be happy to renegotiate a lease for a new purchaser.

Hours
Monday -Thursday: 09.00 - 20.00
Friday: 10.00 - 19.00
Saturday: 10.00 - 18.00
Sunday: 11.00 - 15.00

Staff
The business is run with the help of two full time and casuals as and when required.

Financial Profile
The business generates a turnover of approximately £77,000 with a gross profit of circa 96%.

What Zoopla users think of Four Oaks

Overall rating:

  • currently 4.5 stars
Very good - 89% (33 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Four Oaks (0.5 miles)
  • Butlers Lane (0.6 miles)
  • Blake Street (1.4 miles)
  • Birmingham International Airport (9.8 miles)
  • Coventry Airport (21.0 miles)
  • East Midlands Airport (26.9 miles)
  • Sharpness Old Docks (65.8 miles)
  • Lydney Harbour (67.2 miles)
  • Woodside Birkenhead Ferry Terminal (74.5 miles)

Nearby schools

View all schools in Birmingham
  • Mere Green Primary School (0.1 miles)
  • Langley School (0.5 miles)
  • Coppice Primary School (0.5 miles)
  • EBN Academy Phase 2 (4.9 miles)
  • CUL Academy Trust (6.7 miles)
  • Landau Forte Academy Tamworth Sixth Form (6.8 miles)
  • The Arthur Terry School (0.4 miles)
  • Bishop Vesey's Grammar School (1.3 miles)
  • Plantsbrook School (2.0 miles)
Note: Distances are straight line measurements

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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 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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