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Property Listing Details

Retail premises for sale

Clifton Street, Roath, Cardiff CF24

£9,995

Listing view statistics

Last 30 days: 69 page views

Since listed: 135 page views

Description

Business
Hilton Smythe welcomes to the market this very well-established tanning studio, offering a full tanning service with both stand up and lie down beds which are serviced regularly,

In 2015/16 the business turned over circa £33,000, run very much as a lifestyle business.

The business has much potential moving forward with longer hours, more advertising including a website and social media. It needs a new owner with fresh ideas and the drive to move it forward.

The current owner has run the business for the last 15 years and it is very well known and established in the area.

The owner is now looking towards a very well earnt retirement.

An internal inspection is very highly recommended to appreciate the potential on offer.

Location
Sunglo Tanning Studio is situated in a very busy residential and commercial area of Cardiff, less than 2 miles from the centre.

Cardiff is the capital and largest city in Wales and the eleventh-largest city in the United Kingdom. The city is the country's chief commercial centre, the base for most national cultural and sporting institutions, the Welsh national media, and the seat of the National Assembly for Wales.

The unitary authority area's mid-2011 population was estimated to be 346,100, while the population of the Larger Urban Zone was estimated at 861,400 in 2009. Cardiff is also a significant tourist centre and the most popular visitor destination in Wales with 18.3 million visitors in 2010. In 2011, Cardiff was ranked sixth in the world in National Geographic's alternative tourist destinations.

All of this adds to Cardiff being a very desirable location, with commercial property being in much demand.

Premises
The premises occupy a great location in a busy area, offering great commercial and residential footfall.

The premises are approx. 44 sqm in size and comprises,

Reception Area

•Counter,
•Till,
•Seating area,
•3 separate tanning pods
•Basement used for storage.

The business comes with equipment to include,

•2 x Helionovia sunrise 8000 stand up beds,
•1 x Helionovia Solarwind 5000 lie down bed (which are both regularly serviced)
•Reception counter,
•Till,
•Bench,
•Chairs,
•Display cabinets,
•Large air conditioning fan,
•Stereo,
•CCTV with 1 camera,

An internal viewing is a must to appreciate the busy position and potential on offer.

Tenure
We are advised that the business is being sold as a Leasehold opportunity.

The rent payable is £7,200 per annum on a rolling Lease.

Hours
Monday 10:00 a.M. To 7:00 p.M.
Tuesday 10:00 a.M. To 7.00 p.M.
Wednesday 10:00 a.M. To 7.00 p.M.
Thursday 10:00 a.M. To 7.00 p.M.
Friday 10:00 a.M. To 7.00 p.M.
Saturday 10:00 a.M. To 3.00 p.M.
Sunday Closed

Staff
The business is currently run by the owner and 2 other occasional part-time members of staff.

Financial Profile
The accounting information shows a turnover of £13,114 for the year ending 31st March 2017, however this was due to the owner looking towards retirement and closing regularly for sickness and holidays.
The turnover for the year to 31st March 2016 was £32,598 and to 31st March 2015 was £29,783.

According to the voa website the current rateable value is £4,950 however the property benefits from small business rate relief so has nothing to pay.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Adamsdown Primary 0.2 miles
  • St. Peter's Primary School 0.2 miles
  • Cardiff Queen Street 0.6 miles
  • Cathays 1 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.