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Freehold Unisex Hair Salon Located In Bilston For Sale

Bilston, West Midlands, UK
Freehold Price:
£134,950 Furniture / Fixtures included
Leasehold:
£24,950 Furniture / Fixtures included
Turnover:
£55,000
Net Profit:
Available on request

Freehold Unisex Hair Salon Located In Bilston. Leasehold option available. Established business.

Veritas Business Sales are privileged to offer to the market this respected Hair Salon which is located in Bilston. There has been a Hair Salon in these premises for circa 85 years and the business has been in the careful hands of our client for the past 6 years. Reluctantly it is now being offered for sale due to unforeseen ill health reasons.
Since ownership they have refurbished, redecorated and installed new 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. Root 66 is owner operated with the help of 1 full time and 2 part time members of staff and has an annual turnover of circa £55,000. They salon is unisex and their services include cutting, perming, colouring, scalp massaging and grooming.
We believe that there is further potential to bolster the turnover by increasing the number of stylists on a rent a chair basis. The business has built 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 a young enthusiastic hairdresser to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

New lease available
Term: negotiable
Rent: £8,500 per annum
Business Rates: zero

Leasehold Rent:

£8,500 per annum

Location:

This established Hair Salon is located in the market town of Bilston, Wolverhampton. Situated within a prominent and highly visible trading position on Hall Street and adjoining Bilston Post office. Bilston town centre has an abundance of retail shops which include many large retailers which brings high levels of footfall to the area. Nearby you have plenty of industry and residential properties with new housing being built (Bilston Urban Village). Please note that there are plenty of free car parks nearby and the salon is within a one minute walk to the bus station and metro. The A41 gives you easy access to Wolverhampton town centre (2.7 miles).

Premises Details:

Ground Floor
Salon comprising: customer seating area, sales counter with (Zenoti salon software), 4 mirrored cutting stations, colour bar with chair and wall mounted display dispensary, 2 back wash with showers (Triton), portable climazone and a wall mounted climazone.
Kitchen with sink drainer, wall & base units washing machine (Servis), fridge (Iceking), microwave and kettle.
W/C with wash basin.

External
Rear yard.
There is a free customer car park to the rear of the shop.

Business Operation

Trading hours:

Monday – closed
Tuesday – Thursday – 9:00am – 4:00pm
Friday – 9:00am – 7:00pm
Saturday – 8:30am – 5:00pm
Sunday – closed

Years established:
85 years

Other Information

Inventory / Stock value:
£3,500
Leasehold asking price:
£24,950 - Furniture / Fixtures included

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