Unisex Hairdressers For Sale

Business description

LOCATION:
A small market town in Wiltshire with close proximity to the M4

BUSINESS:
The vendors have owned the business for the past four years and the premises have been a hairdresser’s for the last twelve years. The vendors have made improvements to the premises including updated the reception.

The business caters for both gentlemen and ladies and there are two distinct sections with a third area set aside for hair washing.

The salon is large enough to split into two separate shops if required.

The business is being sold because the vendors’ other commitments.

TRADE:
The turnover for the year ended 05/04/2008 stood at £110,777.

Please note that if a business is VAT registered, all figures exclude VAT.

STAFF:
The business employs 2 full time stylists, 4 part time employees and a full time junior.

HOURS:
Monday 9.00am - 5.30pm
Tuesday 8.30am - 5.30pm
Wednesday 9.00am - 5.30pm
Thursday 9.00am - 5.30pm
Friday 9.00am - 7.00pm
Saturday 8.30am - 3.30pm
Sunday Closed

BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
The premises are extensive with three defined areas, the Ladies Salon, the hair washing and drying area and a separate gent’s salon. There are also defined storage areas, an office, toilets and a staff rest area.

At the rear of the building there is access to a yard, which is used for drying towels etc. during fine weather. This area can also be utilised by the staff.

The ladies salon is entered through the main entrance into the reception area. Beyond the reception is the main salon with eight workstations.

To the rear and side are the wash and hair dying positions with four hair washing sinks and five hair drying positions.

The gentlemen’s hairdresser is entered through the front entrance and is on the left hand side. There is a seating area and four cutting stations.

Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

OUTSIDE:
There is a paved area to the front and a yard to the rear.

TENURE:
Leasehold

LEGAL FEES:
Vendors and Buyers each to meet their own legal costs, but if a lease is to be assigned from the vendor to the buyer they will also be expected to share the landlord’s legal costs on a 50/50 basis. If a buyer wishes to negotiate a ‘new’ lease, they will be responsible for all the landlord’s legal costs.

LOCAL AUTHORITY:
North Wiltshire District Council

RATES:
The rateable value of the business premises is £11,600 with rates of £5350.20 payable in 2008/09.

NOTE:
This information has been obtained either from the current rate demand for the property, or by telephone from the local authority. The amount payable is the standard rate for the Rateable Value shown. In some circumstances this may vary, and therefore it is recommended that. potential buyers make their own enquiries through the local authority to check whether the rateable value remains correct and whether the rates payable will be the figure quoted above.

SERVICES:
We understand from the vendor that all main services are connected to the property.

GUIDE PRICE:
The vendors are seeking £30,000 plus stock at valuation, for the lease, business goodwill, fixtures, fittings and equipment, subject to inventory.

STOCK:
The vendor informs us that the value of the stock is approximately £1,500.

VIEWING ARRANGEMENTS:
Via Agents only.

PLEASE DO NOT MAKE CONTACT DIRECTLY WITH THE BUSINESS

Property information

Property:

Leasehold

Other information

Reasons for selling:

Family commitments