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Reference M5002
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 £10,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £199,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Finance
Subject to status, you maybe able to borrow up to £ 139,300 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote
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