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Reference M5416

Attractive Hair Dressing Salon in Middlesex For Sale

Register to see map and to make an appointment Situated in a parade of shops, overlooking green, residential area, MIDDLESEX

Turnover £ 2,000
Price £37,500

Features

Attractive Fully Equipped Unisex Hair Dressing Salon

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE 13 YEARS

ATTRACTIVE SINGLE FRONTED UNISEX HAIRDRESSING SALON with quality woodstrip floor, high ceiling with fluorescent lighting. Reception counter, electronic cash register, 4 work stations with mirrors & chairs, 1 back basin with chair.

Cloakroom with w.c. & wash hand basin
Small kitchen

Turnover

WE ARE INFORMED the turnover is in the region of £2,000 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by a husband & wife team with the assistance of 2 staff. Wages paid £500 p.w.

Trading Hours

CLOSED ALL DAY SUNDAY & MONDAY
Tuesday - Saturday inclusive - 9 a.m. - 6 p.m.

Tenure

We understand the premises are held on a lease from a private landlord granted for 7 years in 2018, rent £10,000 p.a. due for review October 2023 up to a maximum £11,000 p.a. We are advised there is a possible 5 year extension to the existing lease.

Uniform Business Rates: Nil payable at present after small business relief (Please contact local authority to confirm).

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 13 YEARS

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,500 including annual bills i.e. TV/Radio fees, water bill, shop & building insurance fees plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

ALSO AVAILABLE AS EMPTY PREMISES. PRICE FOR THE EMPTY PREMISES £31,500 subject to contract.

Finance

Subject to status, you maybe able to borrow up to £ 18,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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