Bury St. Edmunds > Suffolk

Halcyon Days Skincare is a renowned beauty salon in the affluent and thriving town of Bury St Edmunds, Suffolk. Established in 1990, this respected business has built an enviable reputation, supported by a loyal client base and excellent customer reviews. Now available due to the owner's retirement, this is an ideal prospect for a new business owner, an experienced operator looking to expand their portfolio in Suffolk or is ideal for an owner occupier benefiting from the rental income from the first and second floors.

THE BUSINESS:

With over 30 years of trading success, Halcyon Days Skincare has become a trusted name in the beauty sector. Boasting a client database of more than 4,000, the business offers a solid foundation for growth and service development. Despite recent challenges, it has maintained impressive profit margins, reflecting the salon's excellent management and enduring appeal.

The salon is fully equipped with state-of-the-art beauty technology, including Venus Freeze, Ellipse IPL, and Caci Quantum machines, ensuring it can deliver a wide array of high-demand treatments. Alongside its advanced equipment, the business features two nail bar stations and three treatment rooms, providing a complete and professional setup.

A strong online presence, supported by a professional website, active social media channels, and numerous positive reviews, enhances the salon's visibility and reputation. Day-to-day operations are simplified with a computerised client management system, ensuring efficient booking and customer tracking.

Halcyon Days Skincare is staffed by a dedicated team of 3 part-time and 1 full-time therapist and 3 part-time receptionists, one of the receptionist can perform top end IPL treatments ensuring smooth operations. Trading six days a week, the business is well-structured for ongoing profitability. With the current owner retiring, the salon is perfectly positioned for the next stage of its journey under new ownership.

PREMISES:

Centrally located in Bury St Edmunds, the salon enjoys excellent foot traffic and parking options. Its prime town-centre position guarantees visibility and easy accessibility, appealing to both local clients and visitors.

The ground-floor premises are stylishly designed and fully equipped, creating a welcoming and professional atmosphere. Key features include:

• Reception Area: Modern and inviting, with a product display, nail bar station, drinks area, client seating, and a reception desk.
• Treatment Rooms: Three private rooms, including one with a corner shower, all equipped with adaptable lighting, hydraulic beds, and sleek black furnishings.
• Additional Facilities: A disabled-access w.c., laundry room, storage areas, air-conditioning, wooden flooring, and a Sonos sound system for added comfort.

The building also includes upper floors, currently let to complementary personal care businesses, creating a well-being hub atmosphere, ideal for attracting and retaining clients.

KEY INFORMATION:

CONFIDENTIAL INFORMATION: In order to release further information on the business - such as the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required.

REFERENCE NUMBER: BS35311E.

OPENING HOURS: Beauty Salon open from 10:00am to 6:00pm, Monday to Friday. 9:30am to 4:30pm, Saturday.

TENURE:

Leasehold: A new 10-year lease is to be granted to the purchaser on terms to be agreed. The purchaser will be responsible for the landlords costs and fees in connection with the grant of a new lease. The purchaser will be responsible for the landlords costs and fees in connection with the assignment of/or the grant of a new lease.

RENT PAYABLE: £23,000 per annum + VAT.

RATES PAYABLE: We are advised that the beauty salon business benefits from Small Business Rate Relief. We are advised that the tenants are responsible for the Business Rates payable in respect of individual units if purchasing the freehold premises.

This information has been provided to us by the vendor and any interested party is advised to enquire of the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: 3 part-time and 1 full-time therapist. 3 part-time receptionists. Correct at the time of listing.

EPC: The Energy Performance Certificate shows a rating of 'D/80', full document available on request.

PRICE:

Leasehold: £85,000 PLUS STOCK AT VALUATION.

Comprising the leasehold interest, business goodwill, fixtures, fittings, and equipment. Stock to be purchased separately at valuation upon completion. Business offered for sale as a going concern.

VAT

Please note that there is an Option to Tax on this property. It is being sold as a transfer of a going concern and providing the conditions are met for the sale as a transfer of a going concern (TOGC) there will be no VAT payable on the sale of the property. If these conditions are not able to be met then the buyer will be required to pay the VAT due on the agreed sale price.

VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.

DISCLAIMER:

1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.