Beauty Salon in West London For Sale

Situated in a parade, main road trading position, sought after locality WEST LONDON

Turnover £ 2,100
Price £70,000

Features

Old Established Beauty Salon

5 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 450 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with fluorescent lighting, Reception desk, Card machine

2 Treatment room with beauty bed

Toilet with w.c. and wash hand basin.

Stairs to lower ground floor in the region of 215 ft² with additional Treatment room used for waxing.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,100 p.w.

Staff

The business is at present operated by the vendor, rents a room to a lady who does waxing

Trading Hours

5 Day week
MONDAY - FRIDAY 7am - 6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 8 years in 2022 with reviews every 4 years (next review 2026) at a current rent of £18,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S RELOCATING.

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