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Busy SW11 Location Beauty Salon Plus Rental Income For Sale

(Ref: BS2577L)

Battersea, London, United Kingdom

Financials

Asking price: £27,948

Sales revenue: 0 - £200k

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: £3,000

Photograph of this business for sale
 

Business description
Beauty salon – Battersea, London, SW11.

LOCATION: On busy main road with good passing trade and is in an affluent, good class locality. A number of bus routes pass and there is a stop nearby.

DESCRIPTION: Mid-parade premises is arranged on ground floor and basement levels and has approx 18’-9” wide gross frontage secured by roller shutters. Internally the 480 sq ft ground floor has laminated wood flooring throughout and comprises front reception area with desk and nail station, plus a beauty room and toilet/washroom. There is an exit door out to a small enclosed yard. A stairway in the rear area descends to a 450 sq ft basement with 2 further beauty rooms, plus a spacious shower room with corner shower cubicle.

EQUIPMENT: Includes 3 hydraulic beauty couches, plus various ancillary beauty equipment. A full inventory will be available for purchaser.

BUSINESS: We are informed is taking £1,500 per week. In addition, there is £1,000 per calendar month rent from letting nail station.

HOURS: Mon-Thu 10.00 am to 8.00 pm; Fri & Sat 12.00 to 6.00 pm; Sun 12.00 to 5.00 pm.

ACCOMM: There is no residential accommodation.

TENURE: Lease commenced in July 2004 for a term of 6 years and the current rent is £10,000 per annum with reviews every 3 years.

RATES: Business rates payable are approx £3,900 per annum.

STOCK: Approx £,3000.

Trading hours: Mon-Thu 10.00 am to 8.00 pm; Fri & Sat 12.00 to 6.00 pm; Sun 12.00 to 5.00 pm.

Property: Leasehold


Lease terms
Lease commenced in July 2004 for a term of 6 years and the current rent is £10,000 per annum with reviews every 3 years.

Location
On busy main road with good passing trade and is in an affluent, good class locality. A number of bus routes pass and there is a stop nearby.

Support & training
Full handover support and training included in asking price.

Reasons for selling
Going Abroad

Financing available
50% FINANCE GIVEN to you when you buy this business with very low monthly payments (subject to status).

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