Hair Salon in Kent For Sale

Situated in a parade, busy road, not far from KENT

Turnover £ 1,154
Price £16,500 / £225,000

Features

Well Established Unisex Hairdressing Salon

This well established Hairdressing Salon has been in the same hands for the past 31 years & is now offered for sale due to the vendors retirement.

Operated only on a 4 day week basis, in our opiniion offering terrific potential for further development in the right hands.

NO PARKING PROBLEMS

SPACIOUS DOUBLE FRONTED UNISEX HAIRDRESSING SALON with quality tiled floor, ceiling with inset spotlighting. Reception desk with electric cash register plus settee (for customers waiting). 4 work stations with quality chairs & large mirrors, 2 additional work stations with chairs & mirrors, used for hairdrying at present, 2 back basins with quality chairs etc.

Kitchenette
Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is in the region of £60,000 p.a. in our opinion offering tremendous potential for further development in the right hands.

Staff

The business is at present operated by a lady vendor with the the assistance of 1 full time plus 1 part time stylist.

Trading Hours

CLOSED SUNDAY & MONDAY
Tuesday - 9 a.m. - 5.30 p.m.
CLOSED WEDNESDAY
Thursday & Friday - 9 a.m. - 5.30 p.m.
Saturday - 9 a.m. - 5 p.m.
It will be appreciated upon inspection that there is terrific potential for additional opening hours

Outside

Rear access

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of £12,500 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil pyable at present after small business relief

AS STATED THE SALON HAS BEEN IN THE SAME HANDS SINCE ESTABLISHED APPROXIMATELY 31 YEARS AGO AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £16,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £225,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 157,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote