Chester Ladies And Gents Hair Salon For Sale

Business description

Chester

Well Presented Premises

73m² (782ft²)

Layby Parking

Will Concider Splitting Businesses

Main Road Location

Leasehold

Business History:
The vendors established the business in September 1987. They are now seeking partital retirement.

Business Profile:
Ladies and gents hair salons.

Accommodation:
The accommodation comprises two combined units, which were well presented at the time of our visit.

Reception Area:
Ceramic tiled floor, modern panelled ceiling with panel lighting and curved reception desk. Electric wall mounted radiator.

Gents Salon:
Also includes area 3.66m x 2.12m. Anti slip type flooring. Three cutting positions with mirrors to front and back with hidden lighting to both sides. Glass brick wall feature with back bowl area comprising two back bowls with electric shower attachements. Exit to rear service area.

Kitchen And Toilet:
The above measurements include an enclosed toilet. Ceramic tiled flooring. Panel lighting together with a wall light. Base unit, worktop and stainless steel sink and drainer.

Ladies Salon:
Ceramic tiled flooring, modern panelled ceiling with panelled lighting and spot lights. Four cutting positions and two back bowls.

Kitchen / Colour Room:
One flourescent light fitting, stainless steel sink and drainer. Mega Flo Heatrae Sadia large capacity water tank.

Toilet:
Ceramic tiled flooring, wc plus wall mounted wash basin. Hot water heater.

Rear Lobby Area:
Ceramic tiled flooring. Exit door leading to rear service area.

Staffing:
5 x full time (Including 2 owners) 3 x part time / casual (including 2 owners' wives).

Fixtures And Fittings:
A schedule of fixtures and fittings will be made available for prospective buyers.

Property information

Property:

Leasehold

Lease terms:

Financial Profile:
The vendors have accountant prepared figures for the year ending 31st July 2006 showing sales of £91,631. They will be pleased to discuss all the financial aspects of the business with prospective buyers.

Tenure:
Leasehold. 15 year lease from 1987. Rent: £10759.98 pa with five yearly rent reviews. Jolley & Co have not examined any lease documentation and a buyer must arrange for their solicitor to verify that this information is correct.

Uniform Business Rates:
Chester City Council have verbally provided the following information: Rateable value: £6,100
Rates payable 2007/2008: £2,690.10

Price:
£95,000 for the goodwill, fixtures & fittings plus SAV.

Living accommodation:

Accommodation Included.

Location:

Location:
The salon is situated in a densely populated residential area and on a busy main road. The salon benefits from layby parking to the front of the premises. Other businesses within the parade include a nail salon, sandwich shop, and chinese takeaway.

Other information

Trading hours:

Opening Hours:
9am - 5.30pm Monday - Friday, 9am - 4.30pm Saturdays.