Attractive Hair and Beauty Salon in South London For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SW LONDON

Turnover £ 2,000
Price £70,000

Features

Well Presented Hair & Beauty Salon

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 600 ft² WITH SHUTTERS, laminated strip floor, ceiling with spot lights, , Reception desk, settee for customers' waiting, Computer, 2 work stations with chairs & mirrors, 2 back wash basins with chairs.

Manicure Station

Toilet with w.c. and wash hand basin.

Staff Room

Kitchen

FIRST FLOOR in the region of 220 ft² with 2 beauty rooms (curently rented out for £1,450 per month)

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. In the vendors receive £1,000 per month, other £450 per month part tiime

Staff

The business is at present operated by the 2 partners with the assistance of 2 part time staff and in addition there are 2 chair renters (paying £1,500 in total approx per month).

Trading Hours

6 Day week
MONDAY - FRIDAY 10am - 6pm
SATURDAY 9am - 4pm

Outside

Rear garden and Shed

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2018 with reviews every 5 years (next review 2028) at a current rent of £12,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote