Hair and Nail Bar in North London For Sale

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

Turnover £ 1,075
Price £45,000

Features

Well Presented Unisex Hair Salon Plus Nail Bar

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with LED lights, Reception desk, cash register

4 Work Stations with chairs & mirrors
1 Beauty Chair
Pedicure station
Manicure station

Kitchen
Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,075 p.w. plus chair rental of £1,000 per month

Staff

The business is at present operated by the vendor as a manager with 2 part time staff plus 1 self employed barber who pays £1,000 per month chair rental

Trading Hours

7 Day week
MONDAY - SATURDAY 10am - 7pm
SUNDAY 11am - 4pm

Outside

Rear Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 7 years in 2018 with reviews every 3 years (next review 2025) at a current rent of £15,200 p.a.

Business Rates from April 2024 £1,960 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote