SMART FREEHOLD HAIR & BEAUTY SALON PLUS INVESTMENT FREEHOLD
Price:
Freehold - £330,000
Leasehold - £50,000
Business Type:
Service Businesses
Ground Floor Hair Salon on a split level. Kitchenette / Stockroom at rear. Cloakroom. Rear access. First Floor Beauty Suite:- Two Beauty Rooms. Waiting Area.
To the rear is a separate detached building of approx. 750 sq.ft. (69.6 m²) over two floors with pedestrian access via a walkway at the side of the Salon. This building is currently let on lease to a Party Shop business who, we understand, pay a rent of £7,800 per annum inclusive of rates.
Three self employed beauticians currently rent the two beauty rooms on the first floor paying a rent of £400 per calendar month.
Accounts for the year ended 31st January 2009 show Turnover of £129,526 (i.e. £2,490 per week net).
PURCHASE OPTIONS
Price required for the two Freehold properties together with goodwill, fittings & fixtures, etc:- £330,000 Plus Stock at Valuation
OR
A lease will be arranged in respect of the Hair & Beauty Salon for a term of 10 years at a rent of £13,000 per annum, exclusive of rates, subject to 5 year rent review. On this basis the asking price for goodwill, fittings & fixtures, etc:- £50,000 Plus Stock at Valuation
Situated adjacent to the local High Street. A well sought area forming one of the original suburbs of the busy Essex town of Harlow.
A lease will be arranged in respect of the Hair & Beauty Salon for a term of 10 years at a rent of £13,000 per annum, exclusive of rates, subject to 5 year rent review.
Tues & Thurs 9.00a.m. to 5.30p.m. (7.30p.m. Weds & Fri). Sat 8.30a.m. to 4.30p.m.
UK Non-Specific
£ 800,000
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