Hair Salon For Sale

Business description

Bag a Business Ltd is delighted to offer to the market this well-established hair salon. The business has been established for over twenty years, moving to its current location in 1995, and is now reluctantly offered for sale as our client wishes to retire. The salon is well-appointed with room to add more workstations to the existing 3. There are also 2 backwash stations. The business has consistently enjoyed a turnover of over £40,000, with a gross profit of over 90%. It is currently run to suit the owners requirments, and hours could easily be extended. There is also the added benefit of potential letting income from the first floor, which benefits from its own self-contained entrance, kitchen, bathroom, separate W/C and 2 car parking spaces. This has been let out in the past for £550 per month. The space would also be ideal for utilisation as treatment rooms or further work space. Early viewing is strongly recommended to appreciate the full potential this opportunity represents.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 5 years
Remaining length: 4 years
Review every: 2 years

Living accommodation:

Exceptionally well appointed premises, briefly comprising: Ground Floor • Main salon area • Reception area with waiting area and retail counter • 3 workstations • 2 back wash stations • Display area • Walk-in storage cupboard • Rear hallway to private car park • Washroom with W/C First Floor • Landing • Office 1 - well proportioned to accommodate up to 3 desks • Office 2 - Well proportioned to accommodate up to 2 desks with walk-in store cupboard and feature fireplace • Well appointed kitchen with range of base and wall units • Bathroom • Attic space suitable for storage External • Private secure car parking for 4 cars

Location:

Solo Hair Studio occupies a prime position in a pedestrianised area of the town centre, with public parking to the rear. The area attracts a high pedestrian footfall. The town is located on the very outskirts of Nottingham, and is currently enjoying substantial development. The town itself is just off the A52 and is approximately 30 minutes from the M1 motorway. The area is well served by Nottingham East Midlands Airport.

Other information

Trading hours:

5 days a week