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Reference M5558
Situated in a small parade, main road trading position, residential and commercial area, MANCHESTER BISHOPS STORTFORD
Turnover £ 1,500
Price
£23,000
Features
Old Established Hair Salon
5 DAYS OPENING
FORECOURT TO FRONT PARKING FOR 2 CARS
DOUBLE FRONTED PREMISES in the region of 400 ft² WITH ELECTRIC SHUTTERS - Wooden floor, suspended ceiling with spot lights. Reception desk, cash register, 4 chairs for customers waiting
4 work stations with chairs & mirrors
2 back wash basins with chairs.
Toilet with w.c. and wash hand basin.
Small Kitchen
Turnover
WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w.
Staff
The business is at present operated by the vendor with the assistance of 1 part time staff.
It will be appreciated upon inspection that there is terrific potential to increase the sales with additional staff.
Trading Hours
5 Day week
TUESDAY - SATURDAY 10am - 6pm
It will be appreciated upon inspection that there is terrific potential for additional opening hours.
Tenure
WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 3 years in 2022 with reviews every 3 years (next review 2025) at a current rent of £8,100 p.a.
NIL Business Rates after full relief (Please contact local authority to confirm)
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2017, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.
Price
TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £23,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
Finance
Subject to status, you maybe able to borrow up to £ 11,500 (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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