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Retail property (high street) to rent

Patcham Village, Brighton BN1
Retail property (high street)
198 sq ft / 18 sq m
Added > 14 days

Features and description

  • Rent £14,000 pax
  • Premium £17,500
  • Located in picturesque village location
  • 100% small business rate relief available
  • Profitable turnkey business with low overheads
An impeccably maintained salon that offers a unique chance to own a thriving business in a highly sought-after area. The space is in pristine condition, featuring three hairdressing stations and a backwash chair. Each station comes complete with mirrors, shelves, and chairs, offering a professional and inviting environment for clients. A separate utility area houses a washing machine and boiler, ensuring the salon runs efficiently. A well-kept toilet adds convenience for staff and clients. All fixtures and fittings are included in the sale price, providing a turnkey solution for the new owner.

The premises is situated in the heart of a picturesque village of Patcham located on the outskirts of Brighton City Centre with good vehicular access to all parts of the city as well as to both the A23 & A27. Being outside of the city the property also benefits from being in area that currently still benefits from free on road parking.

The entire premises will be held on a new 12-year FRI lease at a commencing rental of £14,000 per annum. With upward only rent reviews every 4 years. A premium of £17,500 is required for the lease, business, goodwill & fixtures & fittings with SAV. A rent deposit of 6 months rent will be required as security.

This thriving salon, a staple in the community for 27 successful years, has built an outstanding reputation for excellence. Now available due to the vendor’s planned retirement, this is a rare opportunity for a motivated buyer to take over a well-established business with loyal clientele and significant growth potential. The salon benefits from exceptionally low overheads, making it an ideal choice for a hairdresser ready to step into ownership or expand their current operations. The business is currently run under management and trades Monday, Wednesday, Thursday and Saturday 9am-12pm and 9am
5pm on Tuesday and Friday. At present there is one salaried stylist who plans to retire and one stylist who rents a chair for £6,000 per annum. There would be significant scope to increase trading hours and to
also introduce a nail bar. Accounts available to bona fida parties.

It should be noted that a director of this firm is related to the owner of this property.

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About this agent

Eightfold Property - Commercial
Eightfold Property - Commercial
35 Providence Place Brighton BN1 4GE
01273 767576
Full profileProperty listings
With a wide range of clients, ranging from tenants looking to assign leases to institutional property investment companies and local authorities, we are able
to assist in the letting of all types of commercial property thanks to our wealth of experience in the field. This includes retail, office, leisure, medical, licensed
premises, and all other types of commercial premises. Once a suitable party has been sourced, we will issue comprehensive Heads of Terms to solicitors,
whilst also obtaining references. We will then manage the process, keeping in constant contact with all relevant parties in the transaction to brin... Show more
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