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Reference M4723

Hairdressing Salon in Middlesex For Sale

Register to see map and to make an appointment Situated in a parade, excellent trading position, MIDDLESEX

Turnover 5,000
Price 97,500

Features

Spacious & Superby Fitted Ladies' Hairdressing Salon

Newly fitted approxiately 2 years ago at terrific expense

SPACIOUS LADIES' HAIRDRESSING SALON with quality tiled floor. 2 air conditioning/heating units. Reception desk. 10 work stations with quality chairs & mirrors. 3 back basins with chairs.

In additon there is a BEAUTY ROOM (not utilized at present)

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover is currently in the region of 5,000 p.w. in our opinion offering tremendous potential for further development in the right hands.

Staff

At present staff operated. Staff employed. 4 full time plus 2 part time stylists. In addition there are 2 full time juniors.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive 9 a.m. - 6 p.m.
Sunday opening - 9 a.m. - 4 p.m.

Outside

Small yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 7 years unexpired at a rental of 40,000 p.a. plus VAT exclusive of rates for the next 2 years with rent to be agreed thereafter. (We understand there is a Break Clause within the lease exercisable by the tenant only in 2 years time with giving 6 months notice).

Uniform Business Rates: 8,000 p.a. approx.

OUTSTANDING OPPORTUNITY TO ACQUIRE A SUPERBLY FITTED LADIES' HAIR DRESSING SALON WHICH IN OUR OPINION HAS TREMENDOUS POTENTIAL FOR FURTHER DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 97,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 48,750 (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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