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Beauty Salon With Massive Potential In A Busy Area For Sale

West Hampstead, London, UK
Asking Price:
£180,000
Turnover:
£200K - £500K
Net Profit:
Under £50K

A big salon in a very busy area, established many years, owner retiring due to illness. Massive potential and could operate as an aesthetic clinic, perfect for a doctor or beauty therapist/business owner. Would consider initially a partial buy-out. £180,000 could part finance.

Property Information

Property:

Leasehold

Lease Terms:

Landlord and Tenant Act ten years remaining

Leasehold Rent:

£32,500 per annum

Location:

West Hampstead , very close to the station

Premises Details:

Large, several fully equipped beauty rooms.

Size in square feet:
950

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

This is a perfect opportunity for a doctor or business person to expand into aesthetics while retaining current beauty and laser client base.

Competition / Market:

Fair

Reasons for selling:

owner retiring due to illness

Trading hours:

all week

Employees:
4
Years established:
15

Other Information

Financing available:

possible part finance

Furniture / Fixtures value:
£20,000