Most Attractive Hairdressing Salon in Surrey For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, SURREY

Turnover £ 3,000
Price £95,000

Features

Most Attractive Hair Salon

4 DAYS OPENING
Vendor happy to stay on for up to 12 months if required

DOUBLE FRONTED PREMISES in the region of 575 ft² WITH ELECTRIC SHUTTERS, Amtico flooring, suspended ceiling with spot lights, Air conditioning with hot air, Reception desk, Computer, settee for customers' waiting plus chair

7 work stations with chairs & mirrors
2 back wash basins with chairs.

Toilet with w.c. and wash hand basin.

Kitchen (Open plan), washing machine, fridge, tumble dryer

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,000 p.w.

Staff

The business is at present operated by the vendor (manager) with 1 full time stylists, 1 full time stylists (3 days), 1 full time stylists (2 days) & 1 part time stylists (1 day)

Trading Hours

4 Day week
WEDNESDAY 9am - 5pm
THURDAY 9am - 7pm
FRIDAY & SATURDAY 9am - 6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every 5 years (next review December 2025) at a current rent of £15,000 p.a.

Business Rates from April 2025 £520 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2015, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote