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Reference M4887

Hairdressers & Beauty Salon in Hounslow For Sale

Register to see map and to make an appointment Situated in a parade, busy road, WEST LONDON/MIDDLESEX BORDERS. HOUNSLOW

Turnover 1,700
Price 40,000

Features

Well Established Unisex Hairdressing Salon + Beauty Salon

Double fronted premises with tiled floor. 4 work stations with mirrors and chairs. Reception/waiting area. Beauty Room with couch. Additional Beauty Room with lazer machine.

Cloakroom with w.c. and wash hand basin.
Kitchen.

Turnover

WE ARE INFORMED the turnover is in the region of 1,700/2,000 p.w. (approx. 50% in respect of Unisex Hairdressing with the balance in respect of the Beauty Rooms).

Staff

The business is at present operated by the vendor's wife with the assistance of 1 full time + 1 part time hairdresser. Beauty Room - 1 full time and 1 part time staff.

Trading Hours

Tuesday/Saturday incl. 10 a.m. - 8 p.m.
Sunday opening 10 a.m. - 7 p.m.
The business is closed on Mondays.

Accommodation

THE ACCOMMODATION in the form of a self contained FLAT OVER, is at present let on a short-hold tenancy and provides a rental income of 1,200 per month. We understand, however, that vacant possession can be given on completion, if required.

The accommodation comprises:

1 large double bedroom.
Bathroom with bath, w.c. and wash hand basin.
Lounge.
Kitchen.

Outside

Yard at rear with garage, let at present and we understand providing a rental income of 1,000 per month.

Tenure

WE UNDERSTAND the entire premises are held on a secure renewable lease, the present lease having approx. 11 years unexpired at a current rental of 28,000 p.a. excl. of rates for the next 1 year, with rent review at that time and thereafter after the following 5 years. We understand the rental increase at each rent review is specifically stated at an extra 20%.

(As will be appreciated, with the current rental income from the self contained flat and garage at rear, in total of 26,400 p.a., the rental payable at the present time is only 1,600 p.a. excl. of rates).


THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 15 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION.

Price

PRICE TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS, 40,000 or near offer plus stock at valuation.
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 20,000 (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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