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Reference M5191

Contemporary Hair Salon in Hertfordshire For Sale

Register to see map and to make an appointment Terraced property, excellent main road trading position, residential, office and commercial area, HERTFORDSHIRE

Turnover £ 2,200
Price £97,500

Features

Professional and Contemporary Hair Salon

Customer parking to front. 1 hour free street parking

5 DAYS OPENING

Paved area to STYLISH DOUBLE FRONTED PREMISES (300 ft²). Air conditioning and gas fired central heating (new boiler). Suspended ceiling with LED spotlights, track lights, Porcelain tiled floor. CCTV system, 4 cameras. Modern reception counter, electronic cash register. Seated customer waiting area, racking for customers' coats, tasteful product display shelving, superior sound system, trolleys, Clymazone.

4 luxuriously spaced work stations with chairs & mirrors with concealed lighting. 2 back basins with comfortable chairs

Stairs to basement (140 ft²)

Fully tiled customer toilet with sink

Fitted kitchenette with undercounter fridge, wall and floor cupboards, dishwasher, sink and drainer.

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,200 p.w. in our opinion offering tremendous potential with additional opening hours.

Staff

The business is at present operated by 2 partners & no staff are employed.

Trading Hours

5 DAY WEEK ONLY due to vendor's desired life / work balance.

In our opinion there is terrific potential for additional opening hours

Outside

Courtyard to rear
Secure parking for 1 car

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2018 with reviews every 5 years (next review 2023) at a current rent of £13,000 p.a.

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

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 48,750 (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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