Old Established Beauty Salon in Bognor Regis For Sale

Semi-detached property, excellent trading position, residential area, WEST SUSSEX. BOGNOR REGIS

Turnover £ 1,250
Price £59,500

Features

Old Established Beauty Salon

4 DAYS OPENING
PLANNING PERMISSION FOR 3,000 NEW BUILD PROPERTIES IN THE AREA

SINGLE FRONTED PREMISES in the region of 400 ft², LVT flooring, ceiling with down lights, Air conditioning with hot air, Reception desk, cash register, 2 Pedicure stations, 2 Manicure station, CACI Non Surgical Facial machine, etc.

2 Beauty rooms

Standing sunbed area.

Toilet with w.c. and wash hand basin.

Kitchen.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,250 p.w.

Staff

The business is at present operated by the vendor with the assistance of 2 part time staff.

Trading Hours

4 Day week
WEDNESDAY 9am - 5pm
THURSDAY 9am - 8pm
FRIDAY 9am - 5pm
SATURDAY 9am - 2pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a RENEWABLE lease (private landlord) granted for 10 years in 2023 with reviews every year (next review November 2024) at a current rent of £9,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2018, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 29,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote