Leasehold Unisex Hair Salon For Sale

Business description

Bag a Business is delighted to offer to the market this quality, unisex hairdressing salon, located in a popular and growing area of Northampton. Leonard's has been in the careful ownership of our client since 1973, during which time he has refurbished the trading area throughout, bringing it to the high standard it enjoys today. Our client is only now offering the business to the market due to his desire to relocate to Spain. The salon's prominent trading position generates high levels of footfall, which in turn produces all year round trade from regular and new customers alike. The business currently generates an annual turnover in the region of £169,000 with a gross profit of 55%. Leonard's has been appointed in a stylish and modern style with quality fixtures and fittings throughout. Our client has invested heavily in the most up to date equipment with items such as massage backwash chairs, Amtico flooring, halogen lighting and wall mounted dryers. The salon offers a full range of styling for both male and female customers and is widely regarded as the best salon in the area. Bag a Business recommend early viewing to appreciate the quality and growth potential of this hairdressing salon.

Property information

Property:

Leasehold

Lease terms:

Leasehold
New 15 year lease available
Review every: 3 years
Rent: £12,000 per annum

Living accommodation:

ACCOMMODATION DETAILS Substantial 2 storey, extended brick built property with first floor living accommodation, briefly comprising: GROUND FLOOR Front entrance leading to - Open plan salon Sales desk and customer reception Customer seating area with magazines and product displays 7 styling stations, each station equipped with full height mirrors 4 backwashes, 2 with massage chairs Wall mounted dryers Halogen lighting throughout Amtico flooring (£10,000 recent cost) W/Cs Disabled access and W/C Rear kitchen and staff room Office and shower room FIRST FLOOR Self contained accommodation (achieving £475.00 per month rental income) 1 double bedroom Fully fitted kitchen Lounge/dining room Fully fitted bathroom 45 ft roof garden EXTERNAL Rear parking for two cars off the service road access Free parking to the front of the salon

Location:

Leonard's hair salon is ideally located in a prime trading position on St Leonards Road, in Northampton. It is situated within a row of other complementary shops and businesses in the town's busy and thriving retail area. Northampton boasts good schooling, hospitals and leisure facilities and is becoming a popular choice for students and young families to settle in. Northampton has strong road links via the M1 motorway and the A50 and A508 trunk roads.

Other information

Trading hours:

Tue - Fri: 9.00am - 5.00pm Sat: 8.30am - 5.00pm