Well Fitted Tanning & Beauty Salon in Hornsey For Sale

Occupying a corner position, excellent main road trading position, residential, office and commercial area, NORTH LONDON HORNSEY

Turnover £ 2,770
Price £125,000

Features

Well Fitted Beauty & Tanning Salon

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 700 ft², stone tiled floor, suspended ceiling with spot lights. Air conditioning with hot air. Bespoke reception desk, EPOS till. Settee for customers' waiting, Nail Bar.

BEAUTY ROOM with massage table, waxing section, CCTV system (4 cameras, 1 monitor). Surround music, etc.

3 Sunbed rooms (3 Sunbeds on rental £680 per month, including maintenance)

Kitchen

Toilet with w.c. and wash hand basin.

Stock room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w. in respect of the sunbeds plus rental income received of £1,350 per month from 2 self employed beauticians.

Staff

The business is at present operated by the vendor in respect of sunbeds. 2 self employed beauticians paying £1,350 per month.

Trading Hours

6 Day week
MONDAY - FRIDAY 10am - 7.30pm
SATURDAY 10am - 7pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 15 years in 2009 with reviews every 3 years (next review 2024) at a current rent of £17,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE JULY 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, FIXTURES & FITTINGS £125,000
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 62,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote