| Hairdressing Salon Now Sold Thank You for Looking |
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| B4S Reference: |
14888 |
| Asking Price: |
£45,000
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| Net Profit: |
£27,574 |
| Sales Revenue: |
£150,000 |
| Number of Staff: |
8 |
| Established For: |
19 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Birmingham, Warwickshire, United Kingdom |
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THE BUSINESS:Hair Advice Centre is situated in Kings Heath Birmingham on the main A 435 which is the main route from the City Centre to the M42 Motorway.
The business is spread over three floors.
THE SALON on the ground floor 17'6"(5.38) X 30'0"(9.23) consists of reception with EPOS system, eight styling stations, four wall mounted Climazones, three backwashs, two waiting chairs and a double dryer bank. In addition there is a dispensary section, a sound system, pipeing audio throughout the ground and first floor and a fully automatic climate control.
LEADING OFF
Kitchen 10'3"(3.15) X 11'2"(3.44) with Zip water boiler, refrigerator, diswasher, microwave oven, toaster, crockery, cutlery, Team lockers, tables and chairs.
Laundry store 6'1"(1.87) X 3'0"(0.92).
A walk through store 6'9"(2.08) X 15'5"(4.74).
Rear vestibule 6'9"(2.08) X 6'3"(1.92).
Toilet with wash hand basin.
Rear service yard with parking for three cars.
FIRST FLOOR
Consisting of
Tanning room 7'1"(1.87) X 8'2"(2.51) with recently re-tubed 64 tube, 200 watt, tanning tube.
Toilet, with low level suite, wash hand basin and warm air hand dryer.
Treatment room one 14'6"(4.46) X 8'1"(2.49) presently sub-let to a therapist with a net yield of £95.00 per week.
Office 14'6"(4.46) X 6'3"(1.92) fully furnished with network link to EPOS system.
Treatment room two 17'6"(5.38) X 13'10"(4.26), overall, divided into three cubicles and a waiting area. At present not let, however the net yield from this room would be £125.00 per week.
SECOND FLOOR
Consisting of a luxury one bedroom flat.
Hall with toilet off.
Lounge 15'0"(4.62) X 11'6"(3.34) with storage wall.
Kitchen (installed in 2008), 8'7"(2.64) X 10'5"(3.21).
Double bedroom 8'8"(2.67) X 13'10"(4.26) with shower room off.
The flat is currently let to therapists with a net yield of £125.00 per week.
HEATING throughout the building is via storage heaters running off ecconomy 7 tarif.
SERVICES
Elecrticity is supplied via a three phase supply.
Telecom, five lines are installed subject to telecom regulations.
Water is supplied by Severn Trent Water.
Gas, there is no gas supply to the premises.
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Property: |
Leasehold |
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Lease Terms: |
TENURE
The property is offered on the basis of a new full repairing and insuring Lease for a term of years to be agreed upon in multiples of five years with a break clause on the fifth year.i.e. The landlord would be happy to offer a ten year Lease @ £22,150 per annum with a break clause on the fifth anniversary. VAT is applied to the rental payment.
NON DOMESTIC RATES
The rateable value (from April 2010) is £17,000 and the rates payable are £7,038 per annum. |
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Current Rent: |
£22,150,000 |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
SECOND FLOOR
Consisting of a luxury one bedroom flat.
Hall with toilet off.
Lounge 15'0"(4.62) X 11'6"(3.34) with storage wall.
Kitchen (installed in 2008), 8'7"(2.64) X 10'5"(3.21).
Double bedroom 8'8"(2.67) X 13'10"(4.26) with shower room off.
The flat is currently let to therapists with a net yield of £125.00 per week. |
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Location: |
Hair Advice Centre is situated in Kings Heath Birmingham on the main A 435 which is the main route from the City Centre to the M42 Motorway. |
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This is the only salon on the High Street |
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SUMMARY
The rent receivable from sub-letting totals £17,940. The rent payable £22,150, therefore this is a true turn key business opportunity, simply walk in and start.
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The current Team are more than capable of running the salon. However, should the buyer need either Training or Support this will be readily available. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday to Friday 9.00am to 6.00pm
Saturday 9.00am to 5.30pm |
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TEAM
The Hair Team consists of four full time Hair Designers, two full time Assistants and two part time Assistants.
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