Award winning Beauty Salon in Central London For Sale

Situated in an exclusive parade, excellent trading position serving an affluent residential catchment area, NW LONDON

Turnover £ 6,000
Price £115,000

Features

International Award Winning Beauty Salon, Specialising In Nail Treatments

6 DAYS OPENING

SINGLE FRONTED PREMISES, in the region of 550 ft², WITH INTERNAL ELECTRIC SHUTTERS, ALARM, CCTV (8 cameras), tiled floor, suspended ceiling, with spot lights and chandelier.

Reception desk, computer, printer, cash register, display cabinets.

Customer waiting area.

Nail drying bar.

4 Equipped Nail tables.

4 Pedicure chairs

Waxing station.

Treatment room for massage / waxing.

Massage bed, hand wash basin.

Fitted Kitchette - Sink, fridge, cupboards, microwave, kettle, washer / dryer.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,000 p.w.

Staff

The business is at present operated by the staff, 2 full time and 2 part time qualified beauticians employed.

Trading Hours

6 Day week
MONDAY 10 am - 6 pm
WEDNESDAY - SATURDAY 10 am - 6 pm
SUNDAY 11 am - 6pm
CLOSED TUESDAY

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £32,500 p.a. plus VAT

Business Rates from April 2024 £12,000 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022 AND OFFERED FOR SALE DUE TO THE VENDOR'S RELOCATION.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £115,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 57,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote