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Reference M5958

Hair and Beauty Salon in South London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, SW LONDON

Turnover £ 6,850
Price £149,950

Features

Long Established Hair and Beauty Salon

Established 1996

DOUBLE FRONTED SALON in the region of 800 ft² WITH ELECTRIC SHUTTERS & CANOPY, laminated strip floor, suspended ceiling with LED spot lights, Reception desk, computer for bookings

7 work stations with chairs & mirrors
3 back wash basins with chairs
Manicure stations.

2 x BEAUTY ROOM.

Staff room.
Toilet with w.c. and wash hand basin.
Utility area washing machine, tumble dryer.

Basement in the region of 100 ft², used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £6,850 p.w.

Staff

The business is at present operated by 2 full time hair dressers, 1 Part time, 2 part time beauticians.

Trading Hours

7 Day week
SUNDAY - TUESDAY 10am - 6pm
WEDNESDAY - FRIDAY 9am - 7pm
SATURDAY 9am - 6pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2016 with reviews every 5 years (until 2031) at a current rent of £46,500 p.a.

Business Rates from April 2026 £7,500 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2012, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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