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Reference M5943
Turnover £ 12,500
Price
£175,000
Fully Equipped Hair & Beauty Salon Plus Retail Shop
DOUBLE FRONTED RETAIL PREMISES in the region of 2,580 ft² WITH ELECTRIC SHUTTERS.
Ground floor retail area in the region of 800 ft² tiled floor, suspended ceiling with spot and Panel lighting, Air conditioning with hot air, sales counter, EPOS till, modern adjustable shelving
Stairs to First Floor HAIR SALON in the region of 720 ft² with tiled floor
8 work stations with chairs & mirrors
1 back wash basins with chairs
Third floor in the region of 700 ft² used for storage
Basement in the region of 360 ft²., used for storage purposes
WE ARE INFORMED by the owner the turnover currently averages £10,000 - £15,000 p.w.(60% salon and 40% shop (gp 40% approx)
The business is at present operated by the vendor with the assistance of 8 part time cutters and stylist and brading.
7 Day week
MONDAY - SATURDAY 9am - 5.30pm
SUNDAY 10am - 4.30pm
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2024 at a current rent of £25,200 p.a. (increasing by £200 each year from 2026)
Business Rates from April 2026 £10,000 approx. (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME FAMILY SINCE 1996, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £175,000 plus STOCK AT VALUATION (£150,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Subject to status, you maybe able to borrow up to £ 87,500 (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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