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Established Unisex Hair Salon In Worthing, Brighton For Sale

Worthing, West Sussex, UK
Asking Price:
£5,000 Furniture / Fixtures included
Turnover:
£50K - £100K
Net Profit:
Under £50K

Significant Potential
Turnover & Net Profit to be discussed upon application.
Rent - £6,000 P/A
No Business Rates Payable
16 Year Lease - Renewable (Inside the L&T 1954 Act)
4 Chairs - 2 Backwash. Potential to increase staff or rent chair out on a daily rate.
Currently Staff Operated. Potential for new owner to run themselves.

Unisex Hair Salon in the heart of Worthing, West Sussex. A short walk from two mainline train stations, this would be suited to anyone in the local area, or surrounding towns. Prominently positioned along a busy road just off the A259, the salon attracts a large customer base from both local residents, and from passing traffic / visitors. Just a few minutes walk from the coast front and the large local hospital, Worthing is an extremely busy town, which is growing in popularity as a result of the increased house prices in the nearby town of Brighton.

This business has bags of potential, established only 3 years ago, the salon has accumulated a strong reputation in the local area for providing fashionable and reasonable cuts, for both male and female clientele. With 4 chairs, there is potential fore the new owner to increase the staff (currently only operating with one FT member), or for them to rent out on a daily basis to secure guaranteed income. There are 2 backwashes, a staff kitchen and a rest room.
Turnover and Net Profit figures are modest, however, any suitable applicants will have the opportunity to discuss the potential for improvement in more detail with the vendor upon a viewing.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

Fully Repairing and Insuring Lease under the LTA 1954

Leasehold Rent:

£6,000 per annum

Location:

Prominently positioned along a busy road just off the A259.

Premises Details:

47 square metres. Main Area + bathroom & kitchen.

Size in square feet:
505
Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Reasons for selling:

Owner moved to London.

Trading hours:

9am - 5pm Monday - Saturday.

Employees:
2
Years established:
3

Other Information

Related Documents:

Contact Seller

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