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Retail premises for sale

£19,000

53 Reform Street, Dundee DD1

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Property description

Business
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well-run beauty salon business with an excellent reputation.

The business has only now come to the open market as it’s our clients desire to leave the industry and peruse other business interests.

Has been under the careful ownership of our client since 2016 and has grown the business to an impressive level.

The business offers a host of beauty treatments such as, female waxing, massage treatments, nails and eye brow design and tinting. The business is very well known in the area and sees a high amount of repeat trade and word of mouth recommendations with the friendly staff always at hand to offer advice and professional beauty care.

The studio is beautifully presented with a high level of equipment installed. The business has an informative website and has a presence on social media website Facebook.

We feel that there is scope to increase the already impressive turnover and take the business to the next level by undertaking in a robust marketing campaign, to generate new clients and introducing new services to include hairdressing and perhaps a tanning area along with the possible expansion of the workforce to help accommodate new business along with revised operating hours.

The business trades on its reputation for service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.

A tremendous opportunity to own this business. Early enquiries are highly recommended to avoid disappointment.

Location
beauty salon, occupies substantial ground floor premises ideally located within the city centre of Dundee.

The business is situated on the busy Reform Street and is surrounded by a wealth of compli-mentary shops and businesses; therefore, benefiting from a high volume of footfall and passing trade.

Dundee is a coastal city on the Firth of Tay estuary in eastern Scotland. Dundee is also known as the City of Discovery and has undergone transformation over the past decade and major investment continues in the shape of revitalisation of the Waterfront, spearheaded by the V and A Museum, the Slessor Gardens and civic amenities including hotels, shops and leisure fa-cilities.

Renowned for its universities and training hospital at Ninewells, Dundee is also renowned for its cutting-edge design technology within the computer games industry among others.

The city is very well serviced in terms of local amenities and transport links to all other parts of the UK via rail, road and with direct flights to London City via Dundee airport.

Premises
is located in a substantial, single fronted ground floor commercial premises, in a prime trading location within the city centre of Dundee, benefiting from a good level of footfall. The premises briefly comprise,

•Reception Area with client seating
•4 treatment stations
•Nail bar area
•Massage Treatment Area
•Electronic till payment counter
•Stairs leading to basement treatment area
•Treatment Plinth
•Various electronic treatment equipment
•Storage area
•Kitchen area
•W/C

The business is fitted out to a modern well-presented standard and has good signage resulting in being easily visible.

Tenure
We are advised that tenure is offered on a Leasehold basis.
3 Year Lease with 2 years remaining.
Rent £1041 pcm

Hours
The business currently operates:

Monday – Friday 10:00 – 18:00

Staff
The business is run & managed by the current owner and two-part time staff members.

Financial Profile
The business is run & managed by the current owner and two-part time staff members.

What Zoopla users think of Dundee

Overall rating:

  • currently 3.5 stars
Good - 72% (223 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 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

  • Dundee (0.4 miles)
  • Invergowrie (3.3 miles)
  • Broughty Ferry (3.8 miles)
  • Edinburgh Airport (38.6 miles)
  • Aberdeen Airport (59.0 miles)
  • Glasgow Airport (69.5 miles)
  • Lochleven Castle Ferry Landing (24.2 miles)
  • Kinross Ferry Landing (24.6 miles)
  • Inchcolm Island Ferry Landing (32.4 miles)

Nearby schools

View all schools in Dundee City
  • High School of Dundee Junior School (0.1 miles)
  • Park Place Primary School (0.4 miles)
  • Dens Road Primary School (0.7 miles)
  • Morgan Academy (1.1 miles)
  • St John's RC High School (1.1 miles)
  • Harris Academy (1.5 miles)
  • High School of Dundee (0.1 miles)
  • Kingspark School (1.8 miles)
  • Kilmaron School (9.9 miles)
Note: Distances are straight line measurements

Local info for Dundee City

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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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Disclaimer

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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