Hair & Beauty Salon in Reigate For Sale

Situated in a parade, excellent main road trading position, residential area, free parking bays to the front and side, SURREY. REIGATE

Turnover £ 1,800
Price £52,000

Features

Unopposed Hair & Beauty Salon

4 DAYS OPENING

DOUBLE FRONTED PREMISES 370 ft² with awning. The salon has been newly renovated new laminate (wood effect) flooring with spot lights. The salon is well equipped including reception desk, with salon booking system ,new receptionist stool, striking feature wall with antique mirror tiles also 2 new modern hanging lighting units, wireless Sonos music system, display shelving.

Customers reception area, 2 chairs with small sideboard for storage.

Chic shelving unit display of retail goods .

3 contemporary work stations with mirrors and chairs, footrests and new shelves to display styling goods, boosting associated sales.

Tranquil washing zone with back basin area with stylish comfortable back basin with unit and shelves for towels and shampoos.

2 economical aesthetically pleasing wall heaters and portable air conditioning unit.

Well fitted TREATMENT ROOM with with acoustic panelling, new hidden air conditioning unit, dimmer lights and a new electric treatment couch, , pedicure, waxing, eyelash tinting & reshaping station.

Rented out currently two days a week.

Toilet with echo hand basin and towel heater.

Fully fitted kitchen including , washing machine ,tumble dryer, fridge, microwave ,toaster and kettle. Full shelved with baskets to maintain a organised area utilsed for stock and supplies.

Turnover

We are advised sales year ending 2021/2022 showed £77,702. Net Profit £51,336.

Staff

The business is at present operated by the vendor with the assistance of 1 junior stylist.

Trading Hours

4 Day week
WEDNESDAY & SATURDAY 9am - 5pm
THURSDAY 11am - 8pm
FRIDAY 9am - 6pm
Local demand and potential to increase opening hours

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2021 with reviews every 5 years (next review 2026) at a current rent of £8,400 p.a.

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

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £52,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 26,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote