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Reference M5212

Substantial Hair & Beauty Salon in Essex For Sale

Register to see map and to make an appointment Detached property, excellent main road trading position, residential, office and commercial area, ESSEX

Turnover 2,750
Price 60,000

Features

Substantial Hair & Beauty Salon (the Beauty Salon Is Currently Part Let Providing A Rental Income of 360 Per Month)

5 DAYS OPENING

DOUBLE FRONTED MODERN GLASS FRONTED PREMISES recently refurbished at a cost of 8,500. Suspended ceiling, LED lighting, ceramic tiled floor. GAS FIRED CENTRAL HEATING.

Reception desk, smart till with appointment facility

Reception area with sofa

14 work stations with chairs & mirrors, 3 back wash basins with chairs, 1 Nail Bar, 2 Clymazones

Beauty Room with couch, wash hand basin

Colour room for mixing.

Staff room

2 customer toilets (1 with diasbled facilities)

Turnover

WE ARE INFORMED by the owner the turnover currently averages 2,750 p.w. Beauty section part let & providing a rental income 360 per month. 30 day notice period

Staff

The business is at present operated by 2 full time stylists plus 1 part time stylist.

Trading Hours

5 Day week
Tuesday 9 a.m. - 8 p.m.
Wednesday & Thursday - 9 a.m. - 6 p.m.
Friday 8 a.m. - 7 p.m.
Saturday - 8 a.m. - 5 p.m.

Outside

Customers' parking to front

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 20 years in 2017 with reviews every 5 years (next review 2022) at a current rent of 22,000 p.a. (As will be appreciated with the current rental income of 4,320 p.a. from the beauty section, the net rental payable at the present time is 7,680 p.a).

Business Rates from April 2021 100 approx. after small business relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 30,000 (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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