Q&A with Tom Cullen, Retained Agent at Phenix Salon Suites
We spoke with Tom Cullen, Retained Agent at Phenix Salon Suites
Name: Tom Cullen
Role: Retained agent for Phenix Salon Suites
Who are Phenix Salon Suites?
Phenix Salon Suites is a new, emerging concept in the UK designed to provide salon professionals with private suites to operate their own business. However, it is a well established business in the USA with over 300 sites.
How many locations do Phenix Salon Suites currently have?
One location open so far at 1 Deansgate, Manchester, M3 1AZ.
Target locations?
Initially it is the largest cities in the UK (population150k+). Preferably locations with high density of hair and beauty professionals in close proximity. Prominence/visibility not a priority so, for example, ground floors of office/ residential buildings are of interest.
How many new locations are you targeting?
50 over the next 10 years
Size requirements?
Ideally 5000 sqft plus on Ground Floor or First Floor – but would consider 3500 sqft plus.
Additionalrequirements?
Ceiling height 3m minimum. The ability to provide drainage for the suites by way of floor penetrations (with Landlords consent and by negotiation). Location for air condenser units. Power over 400amps. Good natural light.
Planning consent?
Planning Class E
Freehold orLeasehold?
Leasehold and freehold
Recent openings or new locations in the pipeline?
Opened Phenix Manchester in October 2021. Next Location in pipeline is in Snowhill, Birmingham - forecasted opening is Q1 2023.
Additional Questions:
What are the main challenges you face when acquiring new property?
In the case of Phenix it is the physical factors that need to be resolved which can frustrate a deal.
Favourite occupier and why?
Not surprisingly from me it would be Sainsburys. A market leader in sustainability, always looking to innovate and a great team to work with.
What is yourfavourite building?
Westminster Hall. An incredible history stretching back to the 11thCentury.
Favourite retailor leisure destination?
Time Out Market in New York
Contact details?
Email – tom.cullen@colliers.com
Tel - 07795010208
