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Reference M5201

Well Fitted Hairdressing Salon in North London For Sale

Register to see map and to make an appointment Situated in a parade, residential area, NORTH LONDON

Turnover 600
Price 27,500

Features

Well Established well Fitted Unisex Hairdressing Salon

Tiled floor, LED square light panels plus 1 chandelier. We understand the salon has recently been redecorated. Well appointed including reception desk. 6 work stations each with mirror & chair, 2 back basins

Cloakroom with w.c. & wash hand basin

Small kitchen area with sink

Turnover

WE ARE INFORMED the turnover averages 600 p.w. in our opinion offering tremendous potential for further increase in the right hands.

Staff

The business is at present operated by a lady

Trading Hours

Monday - Saturday inclusive- 10 a.m. - 3 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection there is terrific potential for additional opening hours, if desired.

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 15 years full repairing and insuring lease at a rental of 9,620 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable at present after small business relief

THE SALON HAS BEEN IN THE SAME HANDS FOR THE PAST 34 YEARS AND THERE ARE GENUINE REASONS FOR SALE

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 27,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 13,750 (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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