Hairdressers Salons for sale in London

View the "GOOD CLASS & SMART FITTED HAIR SALON - WEST CENTRAL LONDON - EARLS COURT" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

GOOD CLASS & SMART FITTED HAIR SALON - WEST CENTRAL LONDON - EARLS COURT

London, England

  • Leasehold Price: £69,750
  • Weekly Turnover: £3,250
Seller Reference: PT.4867
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Business Description
 
 
 
 
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Seller Reference: PT.4867
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Business Description
GOOD CLASS & SMART FITTED HAIR SALON - WEST CENTRAL LONDON - EARLS COURT

Good Class Hair Salon prominently located on a mixed parade of 13 shops. Situated a short walk from Earls Court Underground Station, serving a large surrounding affluent residential area.

The Premises are held on a 15 years lease commencing 2017 and expiring July 2032. Current rent £20,000 per annum subject to a review in 2022 and every 5 years thereafter.

Rateable Value - £20.250.

The modern highly visible parade premises (14’ frontage) comprise:-

Single Fronted Salon (circa 354sq.ft. overall). Beauty Room (circa 125sq.ft). Kitchen. Office. Staff Room (circa 460sq.ft.). Cloakroom.

The Salon is very well run and is supported by a regular clientele. We are advised that Takings currently average around £3,250 weekly. Trading Accounts available for inspection.

There is no reason to believe that some of the staff members, some of whom are self employed, would not stay on under new ownership, some of whom have been employed long-term with the Salon and have a considerable clientele following which we consider would be a valuable asset to
the Salon’s performance going forward.

We consider this an ideal opportunity for new owners to hit the ground running and feel that there is scope to better utilise the large space downstairs which is currently being used as a ‘rest room’.

Viewing is highly recommended

Price required for goodwill, lease, tenants’ fittings, fixtures, utensils and equipment:- £69,750 STOCK EXTRA AT VALUATION
Tenure:
Leasehold
Location Details:
West Central London
Leasehold Term:
The Premises are held on a 15 years lease commencing 2017 and expiring July 2032. Current rent £20,000 per annum subject to a review in 2022 and every 5 years thereafter.
Listed by:
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