Well Fitted Hair and Beauty Salon in Orpington For Sale

Situated in a parade, excellent main road trading position, KENT ORPINGTON

Turnover £ 3,500
Price £160,000

Features

Well Fitted Unisex Hairdressing Salon Plus Beauty Salon

SPACIOUS DOUBLE FRONTED UNISEX HAIRDRESSING SALON. Well equipped in the region of 715 ft² including reception desk, customers' waiting seating area. 8 work stations with quality chairs & mirrors, 3 back basins with chairs.

Cloakroom each with w.c. & wash hand basin

Kitchen

Stairs to first floor 4 Beauty Rooms each with couch plus wash hand basin

Ground floor nail bar currently let & providing a rental income of £700 per month.

The First Floor Beauty Rooms are also currently let 1 of which are producing £950 per month each. 1 Small Beauty Room producing £350 per month whilst the 4th which is a larger room produces £1,000 per month. The Beauty Rooms could be continued to be let or indeed there is the potential to dispense with the letting & operate with the downstairs Unisex Hairdressing Salon.

Additional cloakroom with w.c. & wash hand basin

First floor kitchen

Turnover

WE ARE INFORMED the turnover averages £3,500/£4,000 p.w. in respect of the Unisex Hairdressing only.

Staff

At present operated by a lady vendor with the assitance of 1 full time stylist, 3 part time stylists plus 1 full time junior.

Trading Hours

Monday - Saturday inclusive - 8.30 a.m. - 6 p.m.
Sunday opening - 10 a.m. - 5 p.m.

Outside

Car park at rear with staff parking

Tenure

We understand the premises are held on a secure renewable lease, the current lease expiring in 2024 at a rental of £20,000 p.a. exclusive of rates, fixed for the remainder of the term. (As will be appreciated with the current rental income from the beauty rooms of £40,200 p.a. there is a rental profit of £19,800 p.a).

Uniform Busines Rates: £5,800 p.a. approx.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 80,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote