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(REF: M2932)  Old Established Unisex Hairdressing Salon
 
Seller Reference: M2932
B4S Reference: 21149
Asking Price: £19,995
Net Profit: Undisclosed
Sales Revenue: £57,200
Number of Staff: 2
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Essex, the East of England, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : We understand this Unisex Hairdressing Salon was established approx. 20 years ago and has been in the same hands for the past 10 years.

SINGLE FRONTED MEDIUM SIZED PREMISES. Reception area with reception desk and seating. 8 work stations with mirrors, 2 back basins, 3 hood dryers plus hand dryers.

Small staffroom
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £1,100 p.w. in our opinion offering tremendous potential for further increase in the right hands.

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of £9,000 p.a. exclusive of rates for the next 2 years, increasing at that time to £10,000 p.a. exclusive of rates for the next 3 years, with rent to be agreed thereafter.

Uniform Business Rates: £600 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £19,995 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £130 p.w. however, we understand vacant possession can be given on completion, if required. The accommodation with NIGHT STORAGE HEATERS, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen

Garden at rear with lawn
 
  Location: Situated in a parade, main road trading position, residential area, ESSEX
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  CLOSED SUNDAY & MONDAY
Tuesday & Wednesday - 9 a.m. - 5 p.m.
Thursday - 9 a.m. - 9 p.m.
Friday - 9 a.m. - 5 p.m.
Saturday - 9 a.m. - 4 p.m.
It will be appreciated upon inspection that there is tremendous potential for additional opening hours.
  Summary of Staffing   
  The business is at present operated by a lady vendor with the assistance of a relative in respect of reception at weekends plus 1 full time and 1 part time stylist and 2 full time juniors. Wages paid in the region of £700 p.w.





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