Hairdressers Salons for sale in Christchurch

View the "MENS & CHILDRENS' HAIR SALON IN CHRISTCHURCH" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 


I can honestly say I was overwhelmed by the amount of interest and enquires this generated. Very easy to advertise your business with great results!

Jo White (April 2016)
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Leasehold Price: £9,950
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Business Description
LOCATION:

Christchurch is a town on the south coast of England. The town adjoins Bournemouth in the west with the New Forest National Park to the east. Christchurch had a 2011 population of 54,210. Founded in the 7th century at the confluence of the rivers Avon and Stour which flow into Christchurch Harbour, the town was originally named Twynham but became known as Christchurch following the construction of the priory in 1094. During the 18th and 19th centuries smuggling flourished in Christchurch and became one of the town's most lucrative industries. The town's harbour, beaches, nature reserves and historically important buildings have made Christchurch a popular tourist destination attracting some 1.5 million visitors a year. Bournemouth Airport, an international airport which handles approximately 800,000 passengers a year, is located at nearby Hurn. The airport's industrial park contains a number of aerospace and engineering businesses and is one of the largest employment sites in Dorset.

BUSINESS:

The salon runs under management and is part of a small Group of salons operating predominantly in Hampshire. For management reasons, the vendors are looking to reduce both the number of salons and distances between them. As with the other salons in the Group, cutting services are offered only to men and children. Approximately 50% of revenues are generated from men with approximately 40% from children accompanied by their Mothers. The balance of revenue is from older children calling in unaccompanied after school. There is clearly a significant opportunity to vary the business model by expanding the range of services to include ladies' hairdressing.

BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)

The salon offers 419 sq ft / 40.5 sq m of net internal retail space in an attractive Georgian building in the Town centre. The salon is fully equipped with 6 stations.

Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

PRIVATE ACCOMMODATION:
(all sizes are approximate & should be considered 'nominal'.)

There is no private accommodation included with this opportunity

TENURE:

This is a leasehold opportunity with a 10 year lease in place which expires in 2018. The lease is a protected lease within the terms of the Landlord & Tenant Act 1954 and therefore renewal rights apply. The current rent payable is £14,500 per year. There are 3-yearly rent reviews with the next review due in July 2017.
Please be aware that the landlord will require references to support your application as a tenant and satisfactory bank and trade references will be requested. In addition, the landlord may ask for a rent deposit equal to 3 or 6 months dependent upon quality of references and status of the buyer.

RATES:

The rateable value of the business premises is £9,100 with rates of £4,404 payable for the year 2016/17.
NOTE:
This information has been obtained either from the current rate demand for the property, by telephone from the local authority or by reference to the VOA website. The amount payable is the standard rate for the Rateable Value shown. In some circumstances this may vary, and therefore it is recommended that potential buyers make their own enquiries through the local authority to check the applicable rateable value and whether the rates payable will be the figure quoted above.

SERVICES:

We understand from the vendor that all main services are connected to the property.

TRADE:

The vendor advises sales to 31 December 2015 of £88,049 with 4th Quarter sales of £21,095. 1st Quarter sales to 31 March 2016 were £17,731. The drop in revenue was due to the salon being run by just one staff member. Full accounting records will be made available to seriously interested buyers at or following a viewing.
Please note that if a business is VAT registered, all figures exclude VAT.

HOURS:

Sun/Mon Closed
Tues/Wed/Fri 09:00 to 17:30
Thursday 09:00 to 19:00
Saturday 08:30 to 17:00

STAFF:

The salon has operated since January 2016 with just one member of staff. At the time of producing these details a 2nd employee had been employed.

STOCK:

The vendor informs us that the value of the stock is approximately £400.

LEGAL FEES:

Vendors and Buyers each to meet their own legal costs, but if a lease is to be assigned from the vendor to the buyer they will also be expected to share the landlord's legal costs on a 50/50 basis. If a buyer wishes to negotiate a 'new' lease, they will be responsible for all the landlord's legal costs.

COMMENTS:

This is an exciting opportunity for a full time hair stylist to acquire a beautifully presented hair salon with scope to introduce cutting services for Ladies. A regular clientele generating healthy profits make this a viable investment for a working owner.
Financial information will be made available to seriously interested purchasers after they have formally viewed the business.

Business model is men and children's hair - valuable opportunity to include women

LOCATION:

Christchurch is a town on the south coast of England. The town adjoins Bournemouth in the west with the New Forest National Park to the east. Christchurch had a 2011 population of 54,210. Founded in the 7th century at the confluence of the rivers Avon and Stour which flow into Christchurch Harbour, the town was originally named Twynham but became known as Christchurch following the construction of the priory in 1094. During the 18th and 19th centuries smuggling flourished in Christchurch and became one of the town's most lucrative industries. The town's harbour, beaches, nature reserves and historically important buildings have made Christchurch a popular tourist destination attracting some 1.5 million visitors a year. Bournemouth Airport, an international airport which handles approximately 800,000 passengers a year, is located at nearby Hurn. The airport's industrial park contains a number of aerospace and engineering businesses and is one of the largest employment sites in Dorset.

Adams & Co, 149a Hursley Road, Chandlers Ford, Eastleigh, Hampshire, SO53 1JE
Tel: (023) 8025 3910 Fax: (023) 8025 2466
E-mail: nick-coleman@btconnect.com Website: www.adamsandco.com

BUSINESS:

The salon runs under management and is part of a small Group of salons operating predominantly in Hampshire. For management reasons, the vendors are looking to reduce both the number of salons and distances between them. As with the other salons in the Group, cutting services are offered only to men and children. Approximately 50% of revenues are generated from men with approximately 40% from children accompanied by their Mothers. The balance of revenue is from older children calling in unaccompanied after school. There is clearly a significant opportunity to vary the business model by expanding the range of services to include ladies' hairdressing.

Kids enjoy the fun internal décor and entertainment systems at each chair

BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)

The salon enjoys a favourable trading position just off the High Street

The salon offers 419 sq ft / 40.5 sq m of net internal retail space in an attractive Georgian building in the Town centre. The salon is fully equipped with 6 stations.

Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

PRIVATE ACCOMMODATION:
(all sizes are approximate & should be considered 'nominal'.)

There is no private accommodation included with this opportunity

TENURE:

This is a leasehold opportunity with a 10 year lease in place which expires in 2018. The lease is a protected lease within the terms of the Landlord & Tenant Act 1954 and therefore renewal rights apply. The current rent payable is £14,500 per year. There are 3-yearly rent reviews with the next review due in July 2017.
Please be aware that the landlord will require references to support your application as a tenant and satisfactory bank and trade references will be requested. In addition, the landlord may ask for a rent deposit equal to 3 or 6 months dependent upon quality of references and status of the buyer.

RATES:

The rateable value of the business premises is £9,100 with rates of £4,404 payable for the year 2016/17.
NOTE:
This information has been obtained either from the current rate demand for the property, by telephone from the local authority or by reference to the VOA website. The amount payable is the standard rate for the Rateable Value shown. In some circumstances this may vary, and therefore it is recommended that potential buyers make their own enquiries through the local authority to check the applicable rateable value and whether the rates payable will be the figure quoted above.

SERVICES:

We understand from the vendor that all main services are connected to the property.

TRADE:

The vendor advises sales to 31 December 2015 of £88,049 with 4th Quarter sales of £21,095. 1st Quarter sales to 31 March 2016 were £17,731. The drop in revenue was due to the salon being run by just one staff member. Full accounting records will be made available to seriously interested buyers at or following a viewing.
Please note that if a business is VAT registered, all figures exclude VAT.

HOURS:

Sun/Mon Closed
Tues/Wed/Fri 09:00 to 17:30
Thursday 09:00 to 19:00
Saturday 08:30 to 17:00

STAFF:

The salon has operated since January 2016 with just one member of staff. At the time of producing these details a 2nd employee had been employed.

STOCK:

The vendor informs us that the value of the stock is approximately £400.

GUIDE PRICE:

The vendors are seeking £19,950 for the lease, business goodwill, fixtures, fittings and equipment, subject to inventory, plus stock at valuation.

LEGAL FEES:

Vendors and Buyers each to meet their own legal costs, but if a lease is to be assigned from the vendor to the buyer they will also be expected to share the landlord's legal costs on a 50/50 basis. If a buyer wishes to negotiate a 'new' lease, they will be responsible for all the landlord's legal costs.

COMMENTS:

This is an exciting opportunity for a full time hair stylist to acquire a beautifully presented hair salon with scope to introduce cutting services for Ladies. A regular clientele generating healthy profits make this a viable investment for a working owner.
Financial information will be made available to seriously interested purchasers after they have formally viewed the business.
Tenure: Leasehold

Location Details: Town centre

Leasehold Term:

This is a leasehold opportunity with a 10 year lease in place which expires in 2018. The lease is a protected lease within the terms of the Landlord & Tenant Act 1954 and therefore renewal rights apply. The current rent payable is £14,500 per year. There are 3-yearly rent reviews with the next review due in July 2017.

Listed by: Adams & Co
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