Hair and Beauty Salon plus Nail Bar in North London For Sale

Situated in a parade, excellent main road trading position, NORTH LONDON

Turnover £ 2,500
Price £95,000

Features

Most Attractive Hair, Beauty and Nail Salon

OLD ESTABLISHED
6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 865 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with spot lights and hanging light, Air conditioning with hot air, Reception desk, settee for customers' waiting, LED Screen, 2 Nail Stations, 2 pedicure stations, 3/4 work stations with chairs & mirrors; 2 back wash basins with chairs

3 BEAUTY ROOM.

Kitchen, fridge, washing machine, tumble dryer
Office/ Stock Room.
Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,500 p.w.

Staff

The business is at present operated by the Husband & Wife team with 1 full time & 2 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 10am - 7pm

Outside

Parking space for 1/2 car.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 12 years in 2024 with reviews every 4 years (next review 2028) at a current rent of £28,800 p.a.

Business Rates from April 2025 £667 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE 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