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Freehold Investment Property/Hair Salon In Bodmin For Sale

Bodmin, Cornwall, UK
Asking Price:
£274,950 Furniture / Fixtures included
Sales Revenue:
£300,000
Cash Flow:
Available on request

Freehold Hair Salon located in Bodmin.  Town centre position. Established business, annual turnover £300,000. Originally two shops now as one but all the services are separate for each shop. Suitable investment property.

Veritas Business Sales are delighted to offer for sale this very popular and well positioned Hair Salon which is located in Bodmin. The business was established by our client 16 years ago and is now being offered for sale so that our client can concentrate on their other business interests.
Since ownership they have undertaken total refurbishment and continually invested in new & retro equipment, along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is currently owner operated and requires the help of 4 full time members of staff and the annual turnover for year ending 31st October 2021 of circa £300,000. Aruba Hair Salon are award winning hair & beauty specialists with over 25 years experience and offer a full range of services for women, men and children. The salon has the benefit of a cosy coffee lounge where clients can relax with a coffee or an alcoholic beverage.
We believe that there is further potential to increase trade by increasing the opening hours during the week, opening on Sundays and pushing beauty treatments. Interested parties looking to purchase the freehold only as an investment property would also be welcome to view. The property was originally two premises and still have the services separate therefore the premises could be rented as one or as two separate premises. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity for an existing salon to expand

Property Information

Property:

Freehold

Location:

This respected Hair Salon (or investment opportunity) is situated in the Cornish town of Bodmin. The town has just gone through a major regeneration project linking the very popular cycle paths of Bodmin with Wadebridge & Padstow. Its location conveniently sits in the centre of the county just to the south west of Bodmin Moor. To the North is the coastal town of Bude (approx 26 miles). Bodmin sits alongside the A30 dual carriageway, the main link for Cornwall and Devon. Travelling East on the A30 leads to Devon. The city of Exeter (62 miles, can be reached within 1 hour) provides intercity rail links, airport and the M5 motorway. To the west is Cornwall with Truro being Cornwall’s only Cathedral town (approx. 27 miles).

Premises Details:

Ground Floor
Salon 1 (7.9m x 5.7m) comprising: 7 cutting stations with chairs, 3 wash basins with chairs, 7 wall mounted mirrors, various product display units, wall mounted dryer (Climazone), various hairdryers, straighteners and curling wands & tongues, hood hair dryer, product draws, 2 styling stools, settee and coffee table.
Kitchen (2.8m x 2.0m) with various wall & base kitchen units, sink with drainer and washing machine (Servis).
W/C (2.1m x 1.4m) with hand rails and wash basin.
Reception & coffee bar area (6.9m x 8.1m) comprising: 3 settees, coffee bar with granite surfaces and under counter shelving/storage, 3 bar stools, coffee dispenser (Magimix), filter coffee machine (Nova), various shelving, sales counter, electronic till and 2 hair product display unit.

Ground Floor
Salon 2 (6.6m x 8.1m) comprising: 4 cutting stations with chairs and wall mounted mirrors, colour storage unit, built in cabinet with work surface, hair wash basin with remote control chair, various shelves and wall mounted leather surround mirror.
Staff kitchen (3.5m x 1.2m) with sink drainer, kitchen cupboard base units, various shelves, microwave (Swan) and under counter fridge (Ice King).
Staff W/C (1.4m x 2.1) with wash basin and wall mirror.
Tanning room (3.3m x 4.7m) with wash basin, built in cupboard, hybrid tanning machine (Ergoline Sun rise 7200) and various wall mounted pictures.
Office (3.9m x 1.4m) with desk, chair, various shelves, towel warmer and the usual office equipment.

External
Rear courtyard

Energy Performance Rating:
C

Business Operation

Trading hours:

Monday & Sunday – closed
Tuesday – 9.00am – 5.30pm
Wednesday – 9.00am – 8.00pm
Thursday & Friday – 9.00am – 5.30pm
Saturday – 8.30am – 4.30pm

Years established:
16 years

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