* Leasehold
Hair salon & beauty salon trading from a fantastic high street type location
on a very busy road that provides high levels of footfall and vehicular
passing trade. The business is very long established, with our clients owning
the business for 26 years and trading as a hair salon for many years prior to
our client's ownership. Our clients have brought the business to market with a
genuine reason for sale due to retirement. The business has built up a highly
enviable reputation supported by a regular and loyal client base. The premises
is exceptionally well presented with quality fixtures and fittings throughout,
currently arranged to provide 6 cutting stations, 3 back wash basins and 5
separate beauty rooms. We feel there is further potential to increase revenues
by employing further members of staff to utilise the extra cutting stations
and beauty rooms, in addition to potentially letting out some of the beauty
rooms for self employed beauticians. A great business for a
hairdresser/beautician looking to own their first business, but equally this
business opportunity lends itself to an established operator looking to expand
their portfolio. Early viewing advised. Our ref: RX262259 - M6524E
**Location**
The premises is situated within a busy high street type location in close
proximity to a train station and surrounded by many quality independent and
household name retailers including Costa, Cafe Nero, Pizza Express, Marks &
Spencers Foodhall and Specsavers to name a few
**Tenure**
5 year lease at a current rental of £29, 500 per annum exclusive
**Premises**
A terraced retail shop with glazed frontage, fascia board and single glazed
entrance door leading into the premises which measures approximately 1, 227 sq.
Ft. And is arranged as follows:
**Main Sales Area**
With suspended ceiling, tiled flooring, customer seating, TV, 2 x nail
stations, reception desk, 6 x cutting stations with electric seating, 4 x hood
dryers, display shelving, and 3 x back wash basins with electric seating. A
door off the main sales area leads into a small stock room. At the rear of the
main sales area is a corridor with various rooms off. Beauty room 1 with
couch, pedicure chair, rollerball machine. Beauty room 2 with electric couch
and wax machine. Beauty room 3 with electric couch and wax machine. Beauty
room 4 with couch and display stand. Beauty room 5 with couch, wax machine,
shower and display stand. Situated across these beauty rooms there are various
other machines including Epil Pro, electrolysis hair removal, hot stone
machine, 2 x surgical face protector, 1 x Guinot Eye - Lift and Facial machine
(our client has a 4 mile exclusivity radius for Guinot) and slimwrap bandages.
We are advised all fixtures & fittings are owned outright with nothing on
lease
**Stock Room/Staff Area**
At the end of the corridor there is a stock room/staff area with seating.
Kitchenette with washing machine. WC with wash hand basin
**Courtyard Area**
A door at the rear of the property leads out to a small courtyard area. There
is undesignated parking at the rear of the property on a first - come first -
serve basis
**Staff & Trading Hours**
The business is run by the vendors with the assistance of three members of
staff. Monday and Tuesday 9 am to 5 pm, Wednesday to Friday 9 am to 8 pm,
Saturday 9 am to 5. 30 pm. Closed Sunday
**Turnover**
Turnover on most recent year end accounts confirm a gross turnover of
approximately £4, 000 per week with a net profit of £61, 260
**Business Rates**
The premises is subject to a rateable value of £20, 500 and we are advised
business rates payable are just under £5, 500 per annum
**Legal Costs**
Each party are to be responsible for their own, plus 50% of the landlord's
legal costs incurred in the transaction
**Summary**
A very popular and long - established hair & beauty salon business that has come
to the market with a genuine reason for sale due to our client's retirement.
Strong established turnover and profits. A fantastic trading location with
high levels of footfall and passing trade. Viewing recommended
**Disclaimer**
Whilst every care is taken to ensure that these particulars are correct,
accuracy is no way guaranteed and none of the information supplied forms part
of any contract. Acceptance of these particulars constitutes a contract to the
effect that all negotiations for the business or property will be made through
Gilbert & Rose otherwise the purchaser will be equally responsible with the
vendor for damages equal to the amount of our commission

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