Established Bloomsbury Salon For Sale

Business description

The Business Partnership is proud to bring to market this established salon in the central London area of Bloomsbury. Set on a semi-pedestrianised street with high footfall and no local competitor, this clean, bright salon deserves an early viewing.

Description:
The Business Partnership is proud to bring to market this established salon in the central London area of Bloomsbury.

Trading Hours:
Mon - Fri: 10am - 7pm
Sat: 9am - 6pm
Sun: closed

Premises Details:
Steps up from the street lead into the large, bright main room with chequered tile flooring, which has 6 workstations and 2 backwash stations. To the rear are a WC and a small kitchen area.

Training Provided:
The owner is willing to provide full handover and training.

Property information

Property:

Leasehold

Lease terms:

The renewable lease has approximately 7 years left to run, with a review in 2 years time. Rent is a very reasonable £18.5K per annum

Location:

Set in the centre of a parade of quality shops in a semi-pedestrianised street close to a major tourist attraction, the salon enjoys high footfall. The store frontage is all glass with ornate glass detail above, slightly raised from the pavement.

Other information

Expansion potential:

The salon at present does not open on a Sunday, which given its highly touristed location limits the turnover from this passing trade. It also does not have online booking from its website.

Competition / Market:

The only local competition is from a barber and an oriental hair salon. These have separate and quite distinct target markets.

Reasons for selling:

The owner wishes to spend time on his other business pursuits.

Trading hours:

Mon - Fri: 10am - 7pm
Sat: 9am - 6pm
Sun: closed