Beauty and Tanning Salon in Warlingham For Sale

Situated in a parade, main road trading position, sought after residential area, SURREY WARLINGHAM

Price £25,000

Features

Well Fitted Beauty & Tanning Salon (closed)

Service road in front of parade

ATTRACTIVE SHOP with quality tiled floor. Reception desk, reception seating with sofa.

SALON AREA with pedicure chair, 2 nail bars with chairs

2 rooms each with lay-down sunbed, (1 Ergoline 990 turbo (2) Ergoline 450 turbo)
1 room with upright sunbed (Ergoline Essence stand-up sunbed)
2 Beauty rooms with couches

Cloakroom with w.c. & wash hand basin
Kitchenette

Turnover

WE ARE INFORMED when trading the turnover averaged £800/£1,000 p.w. mainly from the sunbeds, in our opinion offering tremendous potential for further development in the right hands, especially with the development of the beauty rooms.

Trading Hours

When trading
Monday - Saturday inclusive - 9.30 a.m. - 9 p.m.
NO SUNDAY TRADING

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT, could be let to provide a rental income of £1,000 per month. The FLAT comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

Outside

Double garage

Tenure

We understand the shop with self contained flat over is held on a secure renewable lease, the present lease having 4 years unexpired from December, 2016 at a rental of £14,400 p.a. exclusive of rates. (As will be appreciated should the self contained flat be let to provide a rental of £12,000 p.a. the net rental payable would only be £2,400 p.a. exclusive of rates). We are advised the Landlord has agreed to grant a new 10 year lease, to an approved applicant, at a rent of £14,500 p.a, with reviews every 3 years and break clauses exercisable by both the Landlord & Tenant on the 4th and 7th anniversary.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, FIXTURES & FITTINGS £25,000 subject to contract
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 12,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote