Attractive Hair Salon in West Sussex For Sale

Sought after village residential area WEST SUSSEX

Turnover £ 2,600
Price £75,000

Features

Attractive Ladies' Hairdressing Salon

SINGLE FRONTED LADIES' HAIRDRESSING SALON. 5 work stations each with mirror & chair. 2 Climazones. 1 manicure/pedicure table. 3 back basins with chairs plus additional 4 work stations (mainly used for colouring).

BEAUTY ROOM Let out with the beauticians paying the vendor 50% of revenue as a commission.

Kitchen
Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £2,600 p.w. in our opinion offering further potential to increase in the right hands.

Staff

At present operated by a lady vendor with the assistance of 2 self-employed stylists.

Trading Hours

Tuesday - Friday - 9 a.m. - 5 p.m.
Saturday - 8 a.m. - 4 p.m.
NO SUNDAY & MONDAY TRADING

Tenure

We understand the permises are held on a new 15 years full repairing and insuring lease from 21st December, 2018 at a FIXED RENTAL of £10,000 p.a. exclusive of rates with NO RENT REVIEWS. We further understand there is a Break Clause every 5 years.

PLEASE NOTE THE TRANSFER OF THE LEASE IS SUBJECT TO THE LANDLORD APPROVING REFERENCES AND WE FURTHER UNDERSTAND THE LANDLORD WILL REQUIRE A £5,000 RENT DEPOSIT.

Uniform Business Rates: Nil payable after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2010

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £75,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 37,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote