Well Fitted Hair & Beauty Salon in Hammersmith For Sale

Situated in a parade, excellent main road trading position, WEST LONDON HAMMERSMITH

Turnover £ 3,500
Price £89,000

Features

Well Fitted Unisex Hairdressing Salon with Beauty Rooms

The business is situated in a sought after trading position, oppoisite a large development of a shopping centre plus cinema & we understand that also 225 luxury flats are to be built.

SPACIOUS DOUBLE FRONTED UNISEX HAIRDRESSING SALON with tiled floor, high ceiling with energy saving bulbs. Reception desk. 5 work stations with chairs & large mirrors. 2 back basins with chairs.

Nail bar plus 1 peducure spa. These 2 units are let & provide a rental income of £150 p.w.

3 Beauty rooms (2 with wash basins). These 3 beauty room are at present let & provide a rental income of £150 p.w. each.

Cloakroom with w.c. & wash hand basin
Kitchenette

Turnover

WE ARE INFORMED the turnover in respect of the Unisex Hairdressing Salon is in the region of £3,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. In addition there is currently a total rental income from the beauty rooms & nail bar/pedicure chair of £600 p.w.

Staff

The business is at present operated by a husband & wife team with the assistance of 1 part time stylist plus 1 part time beautician. Wages paid £800 p.w.

Trading Hours

Monday, Tuesday & Wednesday - 10 a.m. - 7 p.m.
Thursday & Friday - 10 a.m. - 8 p.m.
Saturday - 10 a.m. - 6 p.m.
NO SUNDAY TRADING

Outside

Small yard

Tenure

We understand the premises are held on a secure renewable lease, the present lease expiring in December, 2024 at a rental of £22,000 p.a. exclusive of rates up to December, 2020. No rent reviews.

Uniform Business Rates: £6,700 p.a.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 22 YEARS AND IS NOW OFFERED FOR SALE AS THE VENDOR WOULD LIKE TO SEMI RETIRE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £89,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 44,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote