Renowned Hair and Beauty Salon in Surrey For Sale

Town centre location, residential & local offices, with tube, train & bus connections, affluent SOUTH WEST LONDON/SURREY BORDERS.

Turnover £ 3,500
Price £200,000

Features

Renowned Hair Salon with Beauticians Specialising In Enviromentally Friendly Products

GLASS FRONTED SHOP PREMISES in the region of 1,600 sq. ft. Suspended ceiling with spotlighting, green wall panelling. Kardean floor. Air conditioning. 13 work stations, 4 back basins.

Customer wairing area. Reception desk. Shelving, refill station. Music system. Ipads. Desktop PDQ. Chairs. Coffee bar, crockery, coffee machine, Tricho Camera.

Kitchen with fridge, washing machine, chairs microwave, crockery, dishwasher

Lower Ground Floor
2 Beauty Rooms with fitted cupboards, sink

Turnover

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w.

Staff

At present operated by the vendor with the assistance of 1 full time stylist & apprentice plus 1 part time staff. Wage bill £1,000 p.w. 2 self employed beauticians.

Trading Hours

5 DAY WEEK
Tuesday - 10 a.m. - 7 p.m.
Wednesday - 10 a.m. - 5 p.m.
Thursday - 10 a.m. - 9 p.m.
Friday - 10 a.m. - 7 p.m.
Saturday - 9 a.m. - 5 p.m.
Scope for 7 day opening plus late nights

Outside

Garden

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR the premises are held on 10 years lease at a rent of £40,000 p.a. with rent reviews every 5 years due to expire in 2025. We understand the landord, subject to satisfactory references is prepared to grant a new lease to an incoming tenant.

Uniform Busines Rates: £9,480 p.a. (Please contact local athority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR 7 YEARS

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 100,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote