Chinese Herbal Remedies Nail Salon For Sale

Business description

Lock-up shop offered for sale which has been well converted into two separate units, one trading as a retailer of Chinese Herbal Remedies and the other as Nail and Beauty Salon. Both are offered as on going businesses and have been trading since 2006 when the current tenant set up the businesses. The Nail/Beauty side is sub let but would be ideal for a couple who want the flexibility to run two different businesses.

The premises are located in a busy West London High Street with good tube and bus links to and from the West End of London.

This businesses is well priced for a first time buyer looking to get into a busy and thriving location in this part of West London.

Trade:
Currently two business trade from the premises.
We are advised by the vendor that The Chinese Herbal Remedy business and the Nail/Beauty business turnover about £80,000 p/annum gross currently, although there is potential for both the businesses to improve on their turnover.

Open Six days per week, opening from 10am, closing 7;30pm

Staffed currently by1 full time staff (the owner) and one part time.

Premises:
The property is split into two half shops, roughly 30 m2 each.
GROUND FLOOR RETAIL ZONE A 22.30m2
GROUND FLOOR RETAIL ZONE B 33.70m2
TOTAL 60.00m2

Shop frontage approx 4m wide. Chinese Herbal remedies are sold from one shop, set up with counter and display on right as you enter, one treatment room and storage to the rear.

The other side is set up as a Nail/Beauty Salon, fitted out with all the necessary equipment, fixtures and fittings etc (hair wash station, 3 nail bar stations and 2 styling/beauty stations)

The unit is offered in good internal condition.

Tenure:
The property is held by virtue of a full repairing and insuring
lease expiring in 2012 (dated 2006). Passing rent is £22,000 per annum. 6 yearly reviews. Next rent review 2012.

We have not been advised regarding a further service rent.

Property information

Property:

Leasehold

Lease terms:

The property is held by virtue of a full repairing and insuring
lease expiring in 2012 (dated 2006). Passing rent is £22,000 per annum. 6 yearly reviews. Next rent review 2012.

We have not been advised regarding a further service rent.

Location:

Lock-up shop offered for sale which has been well converted into two separate units, one trading as a retailer of Chinese Herbal Remedies and the other as Nail and Beauty Salon. Both are offered as on going businesses and have been trading since 2006 when the current tenant set up the businesses. The Nail/Beauty side is sub let but would be ideal for a couple who want the flexibility to run two different businesses.

The premises are located in a busy West London High Street with good tube and bus links to and from the West End of London.

This businesses is well priced for a first time buyer looking to get into a busy and thriving location in this part of West London.

Other information

Trading hours:

10am-7pm

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