Hairdressers Salons for sale in Fareham

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Ian McGregor (Nov 2013)
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Freehold Price: £120,000
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Business Description
• Highly visible location
• Extremely well-presented salon area
• Healthy turnover and profits
• Fantastic change of lifestyle opportunity
• Long established with excellent reputation
• Turnkey Business
Falcon Commercial is delighted to offer for sale this thriving Freehold Hairdressing Salon. The business has been owned by the same family for many years and has been run by our client for over 20, during which time they have made considerable investment and improvements to the premises. It is now reluctantly being placed on the market as the vendor is suffering from ill health and wishes to retire. During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere and friendly service.
Operating from substantial parade premises of real charm and character, this well presented Salon benefits from a good sized enclosed rear yard.
Jeannes of Fareham is totally staff run. There is an excellent team of dedicated part time staff that work on an agreed rota basis. We are advised that it generates a turnover in the region of £68,600 per year with high gross profit margins. There is tremendous potential to increase the turnover by extending the opening hours, possibly to include Mondays and Saturday afternoon.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.

The Premises
Substantial and well maintained building, benefiting from being in a highly visible trading position in an extremely popular neighbourhood shopping centre. There is a good mix of thriving independent and multiple businesses close by.
Both on and off street parking is easily available.
The Salon premises have recently been extensively refurbished and are fitted and presented to high trade specifications throughout.

The premises briefly comprise:

Internal accommodation

Ground Floor
• Double fronted open plan Salon with suspended ceiling containing
• 8 work stations
• 3 wet stations
• 6 dryer stations
• Changing room
• Kitchen
• Toilet

• Enclosed rear/side yard

Business Details

Opening Hours
• 8.30am – 5.00pm Tuesday – Friday
• 8.30am – 1.00pm Saturday
• Closed Sunday and Monday

• £68,690 Per year

• Accounts will be provided to genuine purchasers after a formal viewing

Business Rates
• Current Business Rates payable: nil
• Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website

Legal Costs
• Each party to bear their own legal costs incurred in the transaction

• The business stock value is: £500

• The business is run by a dedicated team of part time staff.

• Commercial Energy Performance rating: TBC

Strictly by appointment with the vendor's agents, Falcon Commercial, 1 Miltons Yard Axminster EX13 5FE on 01297 598080

Fareham is a market town at the north-west tip of Portsmouth Harbour, between the cities of Portsmouth and Southampton in the south east of Hampshire.
Fareham is well served by road and rail networks. The M27 motorway passes around the northern edge, and is the main traffic artery into and out of the area. It provides easy access to both Portsmouth and Southampton, and from there to London via the M3 and A3(M).
Fareham railway station is on the West Coastway Line, with regular services to Portsmouth, Southampton, Brighton, Cardiff and London.
Bus transport in the town is provided by First Hampshire & Dorset, which runs nearly all bus routes. Services run as far as Winchester
Tenure: Freehold

Location Details:

1a Fareham Park Road
PO15 6LA

Downloadable Documents

Listed by: Falcon Commercial
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