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Reference M5944

Most Attractive Hair and Beauty Salon in East London For Sale

Most Attractive Hair and Beauty Salon in East London For Sale
Most Attractive Hair and Beauty Salon in East London For Sale Buy a Most Attractive Hair and Beauty Salon in East London For Sale Sell a Most Attractive Hair and Beauty Salon in East London For Sale

Situated in a parade, excellent High Street trading position, residential, office and commercial area, close to market, EAST LONDON

Turnover £ 2,300
Price £65,000

Features

Well Fitted Hair & Beauty Salon

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 715 ft² with ELECTRIC SHUTTERS. Heavy duty laminated strip floor, ceiling with spotlights. Air conditioning with hot air. Reception desk. Dettee for customers' waiting

5 work stations with chairs & mirrors
Glass petitioned Nail Room
1 Beauty room
Kitchen

Basement
Beauty rooms
Toilet with w.c. and wash hand basin, washing machine

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,300 p.w.

Staff

The business is at present operated by 1 full time staff member, 2 self employed on a 50/50 basis. 1 chairs rented out at £150 per week and 1 beauty rooms rented out at £150 per week, 1 massage room on a 50/50 basis & 1 nail room rented out for £100 per week.

Trading Hours

6 Day week
MONDAY - FRIDAY 10 a.m - 7 p.m
SATURDAY 10 a.m - 6 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2021 with reviews every 5 years (next review 2026 under review) at a current rent of £22,000 p.a.

Business Rates from April 2026 £4,150 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 32,500 (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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