Unisex Hairdressing Salon in Norbury For Sale

Situated in a parade, excellent main road trading position, NORBURY, LONDON, SW16

Turnover £ 1
Price £69,000

Features

Well Fitted Unisex Hairdressing Salon

Modern double fronted shop front in the region of 550 ft². SPACIOUS UNISEX HAIR SALON with Amtico floor, LED lighting. Reception desk, computer system. 2 chairs for customers waiting. 7 work stations each with quality chair & mirror. 2 back basins with chairs. Upright sunbed.

Kitchenette area

Cloakroom with w.c. & wash hand basin

Turnover

WE ARE INFORMED by the owner the business enjoys a lucrative turnover, full details will be discussed upon inspection.

Staff

At present operated by the vendors wife (on as self employed basis) with the assistance of 1 part time stylist.

Trading Hours

Monday & Tuesday - 10 a.m. - 7 p.m.
Thursday & Friday - 10 a.m. - 8 p.m.
Saturday - 9 a.m. - 6 p.m.
NO SUNDAY OR WEDNESDAY TRADING

Outside

Shared enclosed yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2016 with reviews every 5 years (next review 2026) at a current rent of £23,000 p.a. We are advised, to an approved applicant, the Landlord will grant a new 15 years lease, with rent reviews every 4 years, at terms to be agreed.

The Vendor and Purchaser will share the Landlord's costs equally.

Business Rates from April 2025 £955 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2001 AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £69,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to £ 34,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote