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Reference M4597

Beauty and Tanning Salon in Warlingham For Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, sought after residential area, SURREY WARLINGHAM

Turnover 800
Price 35,000

Features

Well Fitted Beauty & Tanning Salon

Service road in front of parade

ATTRACTIVE SHOP with quality tiled floor. Reception desk, reception seating with sofa.

SALON AREA with pedicure chair, 2 nail bars with chairs

2 rooms each with lay-down sunbed, (1 Ergoline 990 turbo (2) Ergoline 450 turbo)
1 room with upright sunbed (Ergoline Essence stand-up sunbed)
2 Beauty rooms with couches

Cloakroom with w.c. & wash hand basin
Kitchenette

Turnover

WE ARE INFORMED the turnover currently averages 800/1,000 p.w. mainly from the sunbeds, in our opinion offering tremendous potential for further development in the right hands, especially with the development of the beauty rooms.

Staff

At present staff operated. 3/4 part time staff employed.
It will be appreciated upon inspection that with more active owners, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 9.30 a.m. - 9 p.m.
NO SUNDAY TRADING

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT is at present let on a shorthold tenancy & provides a rental income of 875 per month, however we understand that vacant possession can be given on completion, if required. The FLAT comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Double garage

Tenure

We understand the shop with self contained flat over is held on a secure renewable lease, the present lease having 4 years unexpired from December, 2016 at a rental of 14,500 p.a. exclusive of rates. (As will be appreciated with the current rental income from the self contained flat of 10,500 p.a. the net rental payable at the present time is only 4,000 p.a. exclusive of rates).

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 17,500 (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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