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Property Listing Details

Retail premises for sale

Mere Green Road, Four Oaks, Sutton Coldfield B75

  • Sold subject to contract

£34,999

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Last 30 days: 6 page views

Since listed: 590 page views

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, Caffè 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%.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Four Oaks 0.5 miles
  • Butlers Lane 0.6 miles
  • Mere Green Primary School 0.1 miles
  • The Arthur Terry School 0.4 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.