Phenix Salon Suites signed a ten-year lease for the space at No 1 Deansgate. Credit: via Scoop PR
US-based Phenix Salon Suites will make its UK debut with approximately 6,000 square feet of space on No 1 Deansgate.
Phenix Salon Suites signed a ten-year lease for its space. It includes 29 studios in the building that hairdressers, massage therapists, nail technicians, skin care experts and makeup artists can rent out of Phenix on a monthly lease that includes utilities. Each unit can be customized and each comes with basic equipment, such as a styling chair and sink. Renters also have access to a break room, kitchen area and laundry room.
Already more than 50% of the salon suites have been leased.
“In what’s been a really tough year for both industry and the self-employed, our team has invested £ 1m in Manchester to give hair and beauty entrepreneurs the opportunity to create something of their own,” said John Gillespie, operations director for UK and Europe for Phenix Salon Suites.
Gillespie said Manchester was chosen to be the first British venue as it is “a leader in the hair and beauty industry”. With an abundance of creatives and entrepreneurs, he added that the city felt like the right home for the business.
“We know how difficult it is to set up a salon from scratch, and even more so when it comes to finding something affordable in the middle of an incredible city like Manchester,” he continued. “There are already over 300 Phenix venues in the United States, so we know this model works.
Colliers and Sixteen Real Estate were agents in the deal.