Renting shop for beauty salon

[Jasb1327]

Hi
I am looking at opening a beauty salon. I have been looking at shops available on rent. Please advise what I need to look into before taking up a place on lease terms?

 

[Mr D]

Have a commercial solicitor look through the lease and advise you before signing.

Its expensive but not as expensive as not doing it.

 

[Mark T Jones]

You need to have a copy of the lease terms. You need to read it very carefully and to highlight any part on which are aren't 100% clear.

You need to get clear answers on any areas of doubt.

THEN you need to get a professional property lawyer involved before signing anything.

 

[Naheed Mir]

I hope you will find a shop for a beauty salon at a low cost. Yes, @
Mark T Jones is right, I would also suggest the same. Before taking up a place on lease terms, you need to go through the contract and understand everything in it. If you have don't understand anything, you can ask us here.

 

[Paul Norman]

1. Read the lease. All the lease.
2. Ensure you understand the lease. All the lease
3. Get a solicitor to explain the lease to you. Understand the liability you are entering into. There are too many threads on here that start 'I signed a lease 4 years ago and now some stuff has happened'

Ensure you have enough cash to ride out another 6 months of being shut due to COVID lockdowns.

 

[HFE Signs]

As above but also consider:

Location - Passing trade, footfall, parking & local competition
Size - Consider how many people you can treat safely with current restrictions

Good luck

 

[Bob Morgan]

Planning Permission, for a Change of Use?

 

[The Byre]

I am looking at opening a beauty salon. I have been looking at shops available on rent. Please advise what I need to look into before taking up a place on lease terms?

Right now - psychiatric help!

We are about to head into the Mother of All Depressions - and you want to sign a lease for a shop???

The C19 hysteria ain't over yet - not by a long chalk.

Brexit is looming and German industry is up by 5% year-on-year and the 27 are in no mood for compromise.

The Fed. Reserve Bank owns one-third of all US mortgages and US government spending in 59% financed by borrowing - and all that will lead to the dollar losing its reserve status and the UK will be sucked into the maelstrom of the US depression to follow - and you want to bet the farm on a beauty shop???

The UK and the US economies are just giant debt-balloons and the C19 madness is the pin that has pricked those balloons. Over the next year or so, we shall watch those balloons deflate to limp rags like Piglet's present on Eyore's Birthday.

The US and the UK have to default on their debts because paying them back is just a mathematical impossibility. The only way they can default is by inflating them away.

Now is the time to avoid debt and liabilities.

 

[Chawton]

Right now - psychiatric help!

We are about to head into the Mother of All Depressions - and you want to sign a lease for a shop???

The C19 hysteria ain't over yet - not by a long chalk.

Brexit is looming and German industry is up by 5% year-on-year and the 27 are in no mood for compromise.

The Fed. Reserve Bank owns one-third of all US mortgages and US government spending in 59% financed by borrowing - and all that will lead to the dollar losing its reserve status and the UK will be sucked into the maelstrom of the US depression to follow - and you want to bet the farm on a beauty shop???

The UK and the US economies are just giant debt-balloons and the C19 madness is the pin that has pricked those balloons. Over the next year or so, we shall watch those balloons deflate to limp rags like Piglet's present on Eyore's Birthday.

The US and the UK have to default on their debts because paying them back is just a mathematical impossibility. The only way they can default is by inflating them away.

Now is the time to avoid debt and liabilities.

Bet you're an absolute scream when you're in for your blue rinse and set.

 

[The Byre]

Bet you're an absolute scream when you're in for your blue rinse and set.

Oh, would that I had hair!