Price:
Leasehold - £30,000
Business Type:
Commercial Property, Service Businesses
DESCRIPTION
The salon has been fitted and equipped to a very high standard with: Granite flooring, 5 Luxury salon chairs and 2 massaging hair wash units. The internal arrangement of the unit is as follows: Salon, wc, kitchen and access to rear.
THE BUSINESS
The salon was established by our client in 1995 and has been in the family for many years. They have a highly experienced team of staff who will remain in the business and a good regular client portfolio.
In 2008 our client commenced extensive refurbishment works throughout the salon to give the business a new high spec image and to capture further market share. For an incoming operator the business requires no additional investment and would be a turn key acquisition.
There is potential to increase turnover by extending trading hours and opening on Sundays.
Our client is seeking to dispose of the business solely due to family commitments.
TERMS & TENURE
The premises is held on a 6 years extendable lease, with an annual rent passing of £11,000 and £3,000 business rates PA. This figure however can be subject to change and different for individual operators. We therefore advise you to carry out your own due diligence in relation to the business rates.
TRADING INFORMATION
We have been advised by our client that the average weekly turnover for the business is £2,000. Further trading information including the break down of the income stream, will be available after a formal viewing has been conducted.
LOCATION
The hair salon is situated just off the busy A2 Rochester way in Sidcup with a good footfall and bus stop just outside. It has 1 single car parking space in front of the shop and also a Co-Op car park at the end of the road.
HOURS
The business currently trades 09:00 to 18:00 Monday to Saturday and 09:00 to 20:00 on Thursda
North Yorkshire
£ 750,000
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