Well Equipped Beauty Salon in Hertfordshire For Sale

Situated in a parade, town centre, HERTFORDSHIRE

Turnover £ 4,000
Price £80,000

Features

Well Equipped Beauty Salon

ATTRACTIVE DOUBLE FRONTED PREMISES occupying a corner position, probably in the region of 400 sq. ft.

2 Nail Bar Stations

3 Beauty Rooms plus 1 beauty room with sunbed (2 of the beauty rooms have wash hand basins plus 1 with shower unit)

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

At present operated under management. Staff employed 1 manageress plus 3 full time staff.
It will be appreciated upon inspection that with more active owners, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 9.30 a.m. - 5.30 p.m.
(In addition we understand that there are some evening appointments)
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10½ years unexpired at a rental of £20,000 p.a. exclusive of rates up to March, 2021, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £1,600 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote