Hair & Beauty Salon In Watford For Sale

Business description

Well established hair and beauty salon in Watford situated in a busy parade of shops and benefitting from free short term car parking.

Salon (circa 23’6’’ x 19’7’’ - 7.2m x 6m) fitted open plan.

Spray Tanning Room.

Beauty Room (circa 8’4’’ x 8’2’’ - 2.6m x 2.5m). Currently rented out to a self-employed beautician at £650p.c.m. on a licence agreement subject to one months notice either side to terminate.

Staffroom / Kitchen.

Cloakroom with w.c. and hand wash basin.

Small Office at rear with another w.c. adjoining.

Rear access from office leading to a car park with space for three vehicles.

Business Rates:- Rateable Value - £13,250; UBR - £0.414; Rates Payable - approx. £5,485.50 (Interested applicants should verify this figure from the local authority).

Property information

Property:

Leasehold

Lease terms:

The Parade Premises are held on lease which, we are advised, has 5 years unexpired from December 2010 at a rent of £13,500 per annum. There is a rent review in December 2010 for the last 5 years.

Leasehold rent:

£13,500 per annum

Business Operation

Trading hours:

Monday 10am to 5pm; Tuesday to Saturday - 9am to 6pm; Sunday 9am to 12noon.

Employees:

Run by staff of one full time stylist, part time stylist (3 days) & two further part time stylists (1 day each).