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£0 £1000000

Beauty Nail and Tanning Salon in Prime Location

Plymouth, Devon

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Sold

£14,995

Ref: 13407 I

Leasehold

Overview

ALL INCLUSIVE SALE Hilton Smythe welcomes to the market Priceless Nails and Beauty. Originally trading from premises within the market hall in 2012, this successful independent business moved to this prime trading location in March 2016. The business offers professional beauty and tanning solutions using cutting edge techniques and is locally renowned and known for miles for its fantastic CND Shellac nail range, seeing a high amount of repeat trade and word of mouth recommendations. The business reports an impressive turnover of £60,000 with a gross profit at circa 43% according to the 2015 accounts. The business comes to the market as an all-inclusive sale with all stock included valued in the region of £5000. The business has an informative website www.pricelessnailsandbeauty.co.uk and a presence on social media. The salon is beautifully presented, with a well thought out lay-out, making the most of the space and offering a peaceful ambiance for clients. The business is in walk-in condition. We are advised by our client that there is a lot of development in the area including student accommodation being built in the vicinity. We highly recommend early viewing, with the business genuinely coming to the market due to our clients’ personal circumstances. Our client is happy to offer a hand over period from between 6- 9months to assist with the smooth transition of ownership.

Turnover
The business reports an impressive turnover of £60,000 with a gross profit at circa 43% according to the 2015 accounts.

The business is owner run and managed with the assistance of 2 staff members.

The business opens: - Monday to Saturday9.00am – 17.30pm

The business is located in the vibrant City of Plymouth, Devon. Ideally located within the busy main pedestrianised retail area and directly next to the entrance to the bustling marketing hall. The business is surrounded by a plethora of independent and high street retail outlets, eateries and city centre amenities ensuring a constant and heavy footfall in the area. Plymouth is a busy waterfront city, attracting thousands of visitors each year, drawn by the rich history, water sports, shopping, entertainment and fantastic scenery. Plymouth is easily accessible from the A38 and boasts excellent public transport links.

End parade premise in main market street location with good signage, briefly comprising: Compact and manageable main salon room with reception desk, stylish décor, wooden flooring, 2 nail bars and stock display. To the rear is a small treatment room and tanning tent room. Rear entry to main market hall.

Tenure
We are advised leasehold.The original lease length is 6 years, with an annual break clause.Rent is £8,000 per annum. The business is currently exempt from business rates.

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