Hairdressers Salons for sale in West Molesey

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Highly Renowned Hair Salon Business

West Molesey, Surrey, England

  • Freehold Price: £449,995
  • Turnover: £73,703
  • Gross Profit: £61,792
Seller Reference: B05455
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Business Description
 
 
 
 
 
 
 
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Seller Reference: B05455
Request Details
Business Description
Business
Hilton Smythe are privileged to offer to the market a Freehold Hair Salon Business which includes both a 2 bedroomed flat with separate rear access arranged to the first floor as well as several options to extend to the space to the rear of the shop as well as into the large available loft space.

Hair Masters is a highly renowned hair salon business with 20 years trading history which is now being offered to the market to allow our client to semi retire and take a new direction.

This is the only salon of this type in the area and we very rarely see freehold opportunities in this sector or area come into the open market and therefore recommend early viewing to avoid disappointment.

The hair salon offers hair styling and colouring services to all age ranges and comes with a very loyal clientele list, many of which have visited the salon for over 10 years! They concentrate on Ladies styling which would allow any new owner to add additional male customers through new advertising.

The freehold itself presents many options for a developer looking to maximise both the retail space and add more residential to increase rental yield. The rear yard space could be easily extended to create further beauty rooms or simply create a new independent 1 bedroomed self-contained flat.

There is a large unused loft space above the first-floor accommodation which could easily be used to house 2 x further bedrooms, increasing the current 2 x bedroomed flat already there.


The primary interest would be to sell the business as a going concern, our client identifies there are many options available to a new salon owner to double the current turnover -


  • Add more stylists and colour technicians

  • Add beauty services to the salon

  • Remodelling the current space or extending to create new treatment rooms

  • Adding a new website, social media presence as well linking to well-known sites such as Treatwell and Groupon.


We believe this to be a very exciting mixed-use freehold opportunity with many development options, early viewing recommended.

Location
Hair Masters Salon occupies an enviable trading position on the High Street in West Molesey, Surrey.

The small parade includes a Pharmacy, busy Londis convenience store, Dog Groomers, Laundrette & Dry Cleaners, selection of food takeaways and restaurants including the renowned Cannon Public directly facing.

West Molesey is a highly desirable suburban district, situated on the South bank of the River Thames and just minutes away from Hampton Court Palace/Park.

The area is renowned for its breath-taking walks, parks, reservoirs, schools, nature reserves and leisure facilities and is highly sought after by developers looking to build new housing and modern apartments.

The business benefits from free parking directly outside on the parade as well as free parking around in the adjacent streets.

The nearest mainline station is Hampton Court.

West Molesey is accessed just off the A309 which links to both the M3 motorway to the West and down to the A3 in the South.

Premises
Ground Floor -

Client waiting area - leather sofa, 3 x chairs and standalone Air con unit

Curved reception desk - card machine, appointment diaries and storage

Main salon - includes 9 x hair stations, 2 x wall mounted hood dryers, 2 x climazone

Nail bar

Backwash area - 3 x independent backwash units, towel store

Staff kitchen - sink, storage cupboards, colour store

Toilet

Access to rear yard

First Floor - (accesses by separate front door located at the back of the property)

Private covered terrace area

Kitchen - base and wall units, sinks unit, fitted appliances with large window. Overlooking rear aspect

Family bathroom - bath, over shower, sink and toilet

Single bedroom - side window

Hallway - loft access

Sitting room - located at the front of the property with 2 x windows

Rear External - private yard area currently used as parking

Tenure
Freehold.

Hours
TUESDAY TO FRIDAY - 9am to 6pm
SATURDAY - 8.30-4pm
SUNDAY / MONDAY - closed


Staff
The business is run and managed by our client with the help of 1 x Fulltime stylist, 1 x self-employed stylist.

Financial Profile
The business is run to suit our client with the 2018 accounts showing a Turnover in excess of £70,000 and adjusted net profit of around £20,000.

Tenure:
Freehold
Listed by:
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