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Training room rent advice

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sochic101

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Hiya

I’m just after some advice, I have a hair dresser who rents a chair in my salon. We are also a training academy and have a separate training room with 5 stations for this. My hairdresser has been approached to be a educator for a extension course and they want to use my training room to do this to become the Surrey educator. Now obviously I need to get rent or something from this as it’s my premises? What would you charge, she is getting £100 a person and could have a maximum of 5 people which would be all the chairs used? However it’s looking to be on a Sunday/Monday when we are closed.
What would you think a reasonable charge would be to my hairdresser or should the company who approached her be paying the rent?

Any advice would be great x
 

salonfrog

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There’s a few options here but firstly, Are any of the following VAT registered:
-You (the salon)
-the hairdresser
- the training co who approached her

This could make a difference on who to invoice.
 

sochic101

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Thanks for the reply.
Neither the salon or the hairdresser are VAT registered.
I’m not sure about the training Co as the hairdresser is the one in contact?
 

salonfrog

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I’d keep it simple then:
Let the stylist sort it all out and simply charge her a rent.
Either 50% of what she earns from the training or a fixed fee of (say) £250.
So the same £ rent if she gets 5 trainees in but if she doesn’t, you make more on the fixed rent option. Remember you’ll pay tax on this income so it’s less than you think.
In a way, the only cost to you is electricity, water and heat (and maybe increased insurance?) as you’re not open on those days anyway.
 

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