Established Hairdressing Business For Sale

Shoreham-By-Sea

Quick Summary

£39,950 Price Description: Guide Price Units: 1 Floors: 1 Area: 297 sq ft Type: Business, Commercial, Retail Status: Sale Rooms: 2

Map

Property Description

A realistic opportunity to acquire this well established hairdressing business which shows healthy turnover and benefits from low running costs. The premises, which are presented in excellent condition throughout, comprise of a modern salon of approximately 297 sq. ft. with four styling stations, two back washes and a rear staff area. The salon is situated in a good trading location occupying a prominent location within a busy shopping area. Viewing is strongly recommended.

 

ACCOMMODATION:

The premises comprise a well presented and fully equipped salon with kitchen and WC.

 

Main Salon

Maximum overall width             14ft

Maximum overall depth             25ft

Approximate area                      297 sq. ft.

 

  • Small reception area
  • Four styling stations
  • Two back washes
  • Staff kitchen
  • WC

 

BUSINESS:

The premises have operated as a hairdressing salon for over ten years. The existing owner has a wealth of experience within the industry and runs the salon with the help of three full time members of staff and one Saturday assistant.

 

The opening hours for the salon are 9am – 5:30pm Tuesday to Friday, with the exception of Thursdays being 9am – 9pm, and 9am-4pm on Saturdays.

 

The salon has active social media pages, offers free WiFi and stocks Matrix products, including the popular Biolage range.

 

Full accounts are available to serious purchasers upon request.

 

TERMS:

 

Lease:

The premises are available with the benefit of a brand new lease at an initial rent of £6,500 per annum

 

Premium:

The business, goodwill and trade fixtures & fittings are offered at an asking price of £39,950, subject to contract. (Stock at valuation)

 

Legal Fees:

The incoming tenant is to be responsible for the landlord’s legal costs and the vendor’s abortive costs, unless otherwise negotiated.

 

RATES:

The Rateable Value for the property is £5,200 and therefore any ingoing occupier would likely be subject to Small Business Rate Relief and there would be no rates payable. All parties are advised to make their own enquiries with the local authority.

 

VIEWING:

Strictly by appointment with Spratt & Son.

 

ENERGY PERFORMANCE CERTIFICATE:

The Energy Performance Asset Rating for the property is C.  Copies of the EPC and Recommendation Report are available upon request.

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