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Battersea, City of London, SW11

£139,995

Business rates & charges may apply

Hilton Smythe, Bolton
SECTOR
Shop for sale

Key features

  • Ref:B06030
  • Leasehold

Property description

Business
Please quote reference B06030

Hilton Smythe are privileged to offer to the market Sole Beauty (Clapham Junction).

Sole Beauty first established in Clapham Junction in 2009 and later moved to this current location in 2017.

Our client owns a number of other beauty businesses in London, however his decision to sell his busiest salon is due to the need to invest money into his other non-related business interests.

Any new owner may continue with the current trading name or re-brand to a new business name of their choice.

Sole Beauty offers the following choice of services –

  • Shellac Nails
  • Facial Treatments
  • Body Waxing & Threading
  • Eyelash Extensions
  • Body Massage
The business comes with a number of advertising platforms which include –

  • Own designed website
  • Instagram – 678 followers
  • Facebook – 181 likes
  • Treatwell – 4.5/5 customer review score from 2,366 customers!
  • Twitter – 52 followers
Booking can be made via email or directly by telephone.

Our client informs us there is over 15,000 client details on its database with approx.. 3,000 active clients which will be passed over to any new owner.

There is a very loyal and highly experienced team in place.

On average monthly sales achieve around £20,000 per month however this figure can increase to £30,000 in the summer.

Our client admits a new Owner/Manager would benefit from a more ‘hands-on’ approach as he does not work within this business.

We also recommend any new owner look at any of the following areas to help increase sales and improve productivity –

  • Add laser treatments & hair removal treatments
  • Add Botox, fillers & non-abrasive treatments
  • Increase the number of male clients
  • Add an online booking system, business App
  • Increase social media posts
  • Add new Google-Ad campaign
Very rarely do Beauty businesses of this standard and location come onto the market in London and we strongly recommend early viewing to avoid disappointment.

Key Selling points –

  • Unrivalled location
  • Highly visible corner position
  • Large windows to both sides of the building
  • Over 10 years trading goodwill
  • 2 x floors of Treatment space – the lower ground floor larger of the 2
  • Opportunity to add further treatments
  • Nil Business rates


Location
Sole Beauty (Clapham Junction) occupies a highly sought after trading position along Lavender Hill (A3036) in Battersea, South-west London.

We believe the location of the salon makes it one the most desirable within area.

It sits directly in front of the large Asda Superstore, Lidl, Royal Mail & Boots as well being on the same parade as the Magistrates Court/Lavender Hill Police Station.

The business enjoys high footfall due to its close proximity to Clapham Junction mainline station and Underground station just 2 mins walk from the business.

The A3036 is the main link road from Vauxhall across to Wandsworth and therefore there is constant commuter traffic from both cars and buses throughout the day.

There is available metered parking in the adjacent streets and in the 2 x nearby supermarkets.

Due to the amenities and the UK’s busiest train station been on its doorstep, the area is highly populated which significantly helps the view of this business.



Premises
Ground floor –

  • Open plan space with large windows to both sides
  • 4 x manicure tables
  • Client waiting area
  • Reception desk – computerised database system
  • Threading area
Lower ground floor –

  • Waxing area
  • 3 x Treatment rooms
  • 2 x further client waiting areas
  • Bathroom
  • Toilet
  • Staff kitchen
  • Store room/ Staff area
The following is also included in the sale;

  • Nail treatment tables & manicure equipment
  • Pedicure baths
  • 3 x treatment beds, storage and sink facilities


Tenure
We are advised that the business is being sold on a Leasehold basis, with 12 years remaining on the 16 year lease. The rent is currently £2,500 per month. We are also advised that the business has £0 rates payable.



Hours
The business is currently trade;

Monday – 10:00am – 7:00pm
Tuesday – 10:00am – 7:00pm
Wednesday - 10:00am – 8:00pm
Thursday – 10:00am – 8:00pm
Friday – 10:00am – 7:00pm
Saturday - 10:00am – 6:00pm
Sunday – 11:00am – 6:00pm



Staff
We are advised that the business has 4 full time and 4 part time members of staff, 2 of whom are Self-Employed.



Financial Profile
We are advised as per the 2020 accounts, the business generated a turnover in the region of £250,000, with an adjusted net profit in the region of £50,000. Full financials can be made available upon further request.

Please quote reference B06030



Battersea, City of London, SW11

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clapham Junction Station0.2 miles
  • Queenstown Road (Battersea) Station1.1 miles
  • Clapham South Station1.1 miles

About Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

At Hilton Smythe, we sell businesses. For those looking to buy or sell in the UK, we act as a bridge between buyer and seller. We pride ourselves on making the business sales experience more transparent, fair and enjoyable for buyers and sellers alike.

We market businesses using multiple market leading platforms and channels all with the aim of achieving the best price and outcome for our clients.

We’re a young, fresh and driven group of people with the knowledge and experience ne

More properties from Hilton Smythe, Bolton

Notes

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Disclaimer - Property reference B06030. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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