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Established Hair Salon in Southampton

Price:
Leasehold - £17,995
Turnover:
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Seller Ref:
2465
Location:

Hampshire , Southampton

Business Type:

Service Businesses

See Other:
Beauty salons for sale in Hampshire
Hairdressers salons for sale in Hampshire
Service businesses for sale in Hampshire
Description:
THE BUSINESS:
Preferred Commercial is pleased to offer for sale this popular hair salon, which was established by our client in 1968 and which is now being placed on the market due to our client's wish to retire. The salon trades 5-days per week and generates a turnover in the region of £26,000 per annum with a gross profit of 80%. Our client offers ladies hair salon services including styling, cuts, perms and colours. The business occupies spacious ground floor premises and is well-equipped to suit the trade and maintained to a high standard throughout. There are 4-cutting stations, 3-hair wash sinks and 2 x 3-seater dryers. Our client has developed an excellent reputation and a loyal customer base, which ensures much repeat trade. We feel that there is immense scope to develop the business further and that turnover could be increased by extending the opening hours and offering evening appointments should the new owner desire. This is an ideal opportunity to acquire a hair salon, which is in a thriving area and in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
Sheila's Hair Ltd occupies ground floor premises and is ideally located on the busy main road, the A3057, which leads directly into Southampton city centre. The business is positioned mid-parade and is surrounded by a densely populated residential area, from which it draws much trade. There are a variety of shops, businesses and amenities in the vicinity and the city centre lies approximately a mile away. The salon benefits from ample parking, nearby bus stops and the railway station is within easy reach. Southampton is the largest city in the county of Hampshire and is well-known for its history and culture and is home to the University of Southampton. The business boasts easy access to the A-road network and the M27 motorway is within easy reach.
Lease Terms:
Leasehold: Original length:12 years Remaining:3 years Rent review:every 3 years Rent:£3,750 per annum
Trading Hours:
Mon: 8.30am - 3.00pm Tues: Closed Wed - Sat: 8.30am - 3.00pm Sun: Closed
Accommodation:
Ground floor lock-up salon premises with ample parking, situated in a prime location. Briefly comprising: Ground Floor • Main salon area with vinyl flooring, 5 x wall mounted mirrors, 2 x 3-seater dryers, 2 x back wash sinks, 1 x front wash sink and 4 x styling stations • Reception area with desk • Tea and coffee making facilities • WC External • Ample on-street parking
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Business Documents:
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