FMA Hairdressing is an easily managed and well ran business. Owner operated, this business trades 3.5 days per week with the aid of one trainee member of staff. The quality of services provided ensures that the business maintains a steady trade with a strong income and attractive projections for the future. It benefits from year-round trade and enjoys strong repeat business from an established client base.
The premises profits from its position on High Street and proximity to the centre of the town and as such reaps the full reward of the strong trade and established demand for hairdressing services in the area. All equipment, fixtures and fittings pertaining to the business are included in the sale.
The Property:
The property comprises a split-level ground floor retail unit which is currently utilised as a hairdressing salon. In its present configuration, the property provides a reception counter with waiting area at the entrance together with space for 5 workstations within the front section, and two back wash stations with storage cupboards situated in the rear section. A small WC and staff area are accessed from this point.
The approximate net internal floor areas are as follows: Salon Floor 18.92 m2 203 ft2; Wash Station Area 7.2 m2 77 ft2.
Whereas the property is fitted for use as a hairdressing salon, it would be capable of being adapted to an alternative retail use with fairly minimal works.
SERVICES
The property has mains electricity, water and drainage.
TENURE
The property is offered on the Scottish equivalent of a freehold.
TRADING FIGURES
This is a steady and profitable business. Full trading information will be provided only after formal viewings have taken place.
RATING ASSESSMENT
RV - £5,000 therefore qualifying for 100% rates relief under the small business bonus scheme.
LEGAL COSTS
Each party will be responsible for their own legal costs incurred in the transaction.
PRICE
Offers over £90,000 are sought for the freehold. Fixtures, fittings and goodwill of the business are included.
SUMMARY
The sale of FMA Hairdressing provides the ideal purchase of a well-established, profitable hairdressing salon business in an excellent trading location.
EXTERNAL
The property comprises a ground floor retail unit which forms part of an attractive mid terraced three storey traditional building. The front elevation includes two large arched display windows, with access being gained via glazed door on the side elevation which is located in a central pend.
Location Details:
The property occupies an excellent trading location on the town’s High Street, in the centre of Elgin. The surrounding area contains mainly ground floor retail usage with residential or commercial usage on the upper floors. A range of local and national retailers, Bank, travel agents, eateries and office facilities are on offer in the vicinity. Parking is available in a number of short and long-stay public car parks within easy walking distance.
Elgin is located on the main A96 and is extremely
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