Well established QUALITY UNISEX HAIRDRESSING SALON
Price:
Leasehold - £99,000
Location:
London, West London
Business Type:
Service Businesses
Nationwide are pleased to offer to the market : Established in 1979
IMPRESSIVE & SPACIOUS UNISEX HAIRDRESSING SALON with laminated strip floor, high ceiling with inset spotlighting. 2 air conditioning/heating units. 9 work stations with 9 mirrors and quality chairs, 3 back basins with chairs, 2 hooded dryers, 2 hair processors. Counter, computer system. 3 charis for customers waiting.
Cloakroom with w.c. and wash hand basin
Stockroom
WE ARE INFORMED the turnover currently averages £8,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending 31st July, 2009 showed £267,681 net of VAT with a gross profit of £236,795 (before wages of approx. £120,000 and goods for retail sale of approx. £25,000).
We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £28,500 p.a. exclusive of rates. We understand the rent was due for review in 2010, however, at the present time no request for an increase has been received by the present tenants. We further understand that the next rent review is in approximately 4 years time.
Uniform Business Rates 2009 £8,178 p.a.
OUTSTANDING OPPORTUNITY TO ACQUIRE A WELL FITTED QUALITY UNISEX HAIRDRESSING SALON IN THIS EXCELLENT TRADING POSITION.
THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1979 AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £99,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Excellent trading position, large office area, close to Covent Garden, Holborn LONDON, WC
Monday, Tuesday & Wednesday - 10 a.m. - 7 p.m.
Thursday & Friday - 10 a.m. - 8 p.m.
Saturday -
North Yorkshire
£ 750,000
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