Leisure/hospitality for sale in Molesworth Street, Wadebridge PL27, £139,950

139,950.00

Offer Nr.:
65382711
Type of ad:
for Sale
Property type:
Leisure/hospitality
Contact name:
Veritas Business Sales Ltd
Phone(s):
0121 721 9902

* Leasehold Hair Salon
* Fully Fitted & Newly Refurbished
* High Street Location
* Further Potential
* Annual Turnover £270, 627
Leasehold Hair Salon Located In Cornwall
Prominent Trading Position
Ref 2906
Location
This well - respected hair salon is located in Cornwall.
Asking Price: £139, 950 Plus sav (£2, 000)
Business Description
Veritas Business Sales are delighted to offer for sale this very popular and
well positioned Hair Salon which is located Cornwall The business was
established by our client 11 years ago and is now being offered for sale so
that our client can concentrate on other business interests.
Since ownership they have undertaken total refurbishment and continually
invested in new & retro equipment, along with fixtures & fittings which are
all bought and paid for and included within the sale price which is a huge
plus for any new purchaser as additional funds will not need to be spent for
some time. The business is currently overseen by the owner who dedicates her
time at her other salons and so requires the help of 3 full time and 4 part
time members of staff. The business posted an annual turnover for year ending
31st May 2022 of £270, 627 with a gp of £242, 174 (89. 5%). The salon provides a
full range of services for women, men and children.
We believe that there is further potential to increase trade by increasing the
opening hours in the week and opening on Sundays. The addition of a web - site
would also increase trade. The business enjoys a strong reputation within the
local community and beyond and as such has a high level of regular and repeat
trade. This is a superb opportunity for any young stylist looking to have
their own salon which is a great base to build upon and as such early viewing
is highly recommended as this is one not to be missed.
Leasehold
Original term: 7 years
Remaining: 3 years 6 months
Rent: £21, 600 pa
Ground Floor
Salon (13. 2m x 5. 6m) comprising: Reception desk, 2 computer monitors and
keyboards, various plants, 5 reception chairs with coffee table, 2 product
shelving units, 10 cutting stations with chairs and wall mounted mirrors, 3
cutting stools, wall mounted towel rack, 6 product trolleys, 2 towel bins and
various pictures.
Product area (2. 7m x 2. 3m) with sink drainer and directional hose, various
shelves and work surface with draws.
Toilet (1. 2m x 1. 2m) with W/C, wall mounted mirror and wash basin.
Staff room (3. 3m x 3. 1m) comprising: Kitchen units, microwave (Eco), drinks
fridge (Russel Hobbs), various shelves, under counter fridge (Hoover), sink
with drainer, coffee machine (Novo), coffee machine (Krups), tumble dryer
(Indesit), washing machine (Hoover), wall mounted mirror, table, 2 chairs and
4 steam mops.
Office (3. 4m x 1. 7m) with desk, 2 chairs, shelving unit, various pictures,
wall mounted mirror and clock.
External
Parking for (1).
EPC Rating C

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