Hairdressers Salons for sale in Bishop Auckland

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Mrs Herbert (Nov 2017)
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Freehold Price: £350,000 Price Reduced Weekly Turnover: £3,500
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Business Description

What a fabulous opportunity to acquire this substantial town centre property which enjoys a fabulous reputation as a tanning and hair salon with five flats out on rent above – AN EXCELLENT INVESTMENT. Our clients operate the tanning part of the business and achieve an excellent weekly turnover of £3,500 with the hair and beauty salon operated on chair rent agreements which returns excellent weekly rents from several stylists, a barber and a beautician, totalling around £16,000 per annum. The first floor flats currently return approximately £20,000 per annum. This is an imposing stone built property occupying a corner position on this popular high street and is located between Morrison’s and Asda supermarkets – MASSIVE FOOTFALL AND EASY PARKING. The property is arranged over four floors with a large basement workshop, ground floor tanning salon with state of the art equipment including two lay down machines and three stand up machines as well as a spray tan room. To the opposite side is a stunning salon with barbers area with three chairs (currently one chair is rent out to a self employed barber at £70 per week), open salon with up to eight workstations, beauty room, store room and WC.
EPC Band D.
Tenure: Freehold

Listed by: Ernest Wilson

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