Hairdressers Salons for sale in Hertfordshire

View the "SPACIOUS DOUBLE UNIT HAIRDRESSING SALON - TOWN CENTRE - ADJACENT LEADING MULTIPLES - MAJOR TOWN - SOUTH HERTFORDSHIRE - M25 BELT AREA" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Freehold Price: £485000 Leasehold Price: £34995 Weekly Turnover: £4,500
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Business Description
SPACIOUS DOUBLE UNIT HAIRDRESSING SALON - TOWN CENTRE - ADJACENT LEADING MULTIPLES - MAJOR TOWN - SOUTH HERTFORDSHIRE - M25 BELT AREA

Spacious Double Unit Hair Salon with prominent wide frontage, immediately adjacent to leading multiples in Town Centre location, South Hertfordshire.

The Modern Lock Up Ground Floor Premises are offered with a new lease for a term of 10 years at a rent of £35,000 per annum exclusive of rates subject to upward only review at the end of the fifth year.

Very Spacious Double Unit Salon - approx. 35’ frontage. Staffroom / Kitchen. Cloakroom.

The business has been in the same ownership virtually 41 years, now for sale as vendor has reached retirement age and very regrettably his planned successor has passed away. This is an excellent opportunity for an experienced hairdresser to achieve a very lucrative return.

We are advised that Takings currently average around £4,500 weekly with considered potential for a new and younger hands-on working owner to expand the business on a well-founded clientele base.

Currently run by a team of three full time and two part time stylists, two juniors and a junior stylist.

PURCHASE OPTIONS

Price required for goodwill, lease, tenant’s fittings, fixtures, utensils and equipment, etc. £34,995 STOCK EXTRA AT VALUATION

OR

If desired the business may be purchased together with the Freehold Interest at the total price of:- £485,000 STOCK EXTRA AT VALUATION
Tenure: Freehold, Leasehold

Leasehold Term:
The Modern Lock Up Ground Floor Premises are offered with a new lease for a term of 10 years at a rent of £35,000 per annum exclusive of rates subject to upward only review at the end of the fifth year.

Listed by: A H LANSLEY

Find out more about this business opportunity.

 
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PT.4830
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