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Reduced Price Very Well Established Hair Salon

Price:
Leasehold - £20,000
Turnover:
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Seller Ref:
10087
Location:

London, Battersea

Business Type:

Service Businesses

See Other:
Hairdressers salons for sale in London
Boat yards for sale in London
Service businesses for sale in London
Description:
THE BUSINESS:
This well established unisex hairdressing salon has been successfully run by the owner for over 40 years. In that time she has built up an established business with a regular and loyal customer base. The owner wishes to retire which creates an opportunity for a new owner to further build on this long established reputation and goodwill.
The owner and the 3 current employees are all part-time and the salon is currently closed on Tuesdays and Sundays. Potential exists to expand the business and total working hours to increase the turnover.
The salon measures 3.25m x 4.5m and this space has been very well-used to provide ample room for the work stations and washbasins. The salon is nicely finished and both the equipment and furnishings are all in good condition. The equipment includes 2 back wash basins, 4 styling stations, 2 overhead dryers and 1 climazone. There is also a small storage room, kitchen and WC to the rear.
Location Details:
Situated in a parade of individual and distinctive shops, bars, cafes and restaurants, this hairdressers benefits from both regular and passing trade. A busy Saturday street market also increases its visibility and passing trade.
Lease Terms:
The owner owns the freehold and is prepared to grant a secure and renewable lease for 12 years from completion. The annual rent will be £9,000 per annum. Rent reviews will take place every 3 years.
Trading Hours:
Trading hours for this business are: Monday, Wednesday, Friday and Saturday : 10am-6pm Thursday :
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