Hair and Beauty Salon in West London For Sale

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

Turnover £ 1,250
Price £58,000

Features

Well Presented Hair and Beauty Salon

5 DAYS OPENING

DOUBLE FRONTED CORNER PREMISES in the region of 1,150 ft², Reception desk, computer, settee for customers' waiting, 3 work stations with chairs & mirrors

Basement in the region of 520 ft², 4 beauty room, Sauna, shower.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,250 p.w.

Staff

The business is at present operated by the lady vendor and her mother plus 1 full time hair stylist.

Trading Hours

5 Day week
MONDAY, WEDNESDAY - SATURDAY 10am - 7pm

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2012 with reviews every 5 years (next review 2027) at a current rent of £20,000 p.a.

We further understand that the landlord, subject to satisfactory references, is prepared to grant a new lease at terms and rent to be agreed.

Business Rates from April 2025 £6,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2013, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £58,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote