Hair And Beauty Salon Town Centre Location For Sale

Business description

LOCATION
This busy East Sussex town has a population of 22,000 and 120,000 people living within a 10 minute drive. The shop is the heart of the town’s shopping centre. There is a high volume of passing footfall, a wide array of multiple and private retailers including a supermarket, convenience store, Sussex Stationers, Boots the Chemist, Thomson’s Holiday Shop, a number of estate agencies, chemist and betting shop. There are several free car parks to cope with the number of shoppers visiting the area.

SALON
About 27’6 (8.4m) by 20’6 (6.2m) including an enclosed beauty treatment room and partly enclosed staff area / stockroom. There are 4 workstations, 3 hood-dryers, 2 back-wash sinks, a reception desk, 2 display cabinets and a leather sofa. The whole salon is well-equipped and decorated to a very high standard.

Beauty Treatment Room - 11’3 (3.4m) by 8’3 (2.5m). Leading to:

Utility Area - with a washing machine and significant storage space.

Customer / Staff WC.

BUSINESS
The hair salon has been in this location for over 20 years and has been in the hands of the current owners for three years. It is a popular salon with many loyal customers. The current owner works in the salon only three days per week due to other commitments and it is believed that new proprietor working full time in the business could significantly increase sales
and profitability.

Accounts for the year ending April 2011 show salon takings of £59,844 producing a gross profit of £52,341.

HOURS
9.00am to 5.00pm Monday to Saturday.

STAFF
The owner works in the salon for three days per week with the assistance of four part time salon staff and a beauty therapist.

TENURE
We are informed that the current lease has two years remaining at a current basic rent of £5,500 per year. We are also advised that the landlord would be happy to issue a new lease to the incoming tenant. Purchasers must ask their solicitor to verify this information.

Property information

Property:

Leasehold