Beauty Salon in Essex For Sale

Situated in a parade, excellent trading position, INNER ESSEX LOCALITY

Turnover £ 1,650
Price £95,000

Features

Fully Equipped Beauty Salon

SPACIOUS DOUBLE FRONTED PREMISES in the region of 700 sq. ft. area. Reception area with seating for customers waiting.

4 Beauty Rooms with tiled walls, ceiling with spotlighting. Each beauty room has a couch.

The following equipment is also included: 2-3d skintech, 2-3d Lipo machines, 1 waxing heater, 1 hotstone heater

Wash area with 2 basins

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages £1,650 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by a lady vendor with the assistance of 1 full time & 1 part time staff. Wages paid £400 p.w.

Trading Hours

Monday - Friday inclusive 10 a.m. - 6 p.m.
Saturday - 9 a.m. - 6 p.m.
NO SUNDAY TRADING

Tenure

We understand the premises are held on a secure renewable lease at a rental of £24,000 p.a. until July, 2025. We understand the landlord is prepared to accept a surrender of the lease and grant a new lease to an approved applicant.

Business Rates from April 2024 £2,580 approx. (Please contact local authority to confirm)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote