ADVERT TEXT
LEASEHOLD
HAIR & BEAUTY SALON
SELF CONTAINED 2 BED FLAT ABOVE COVERS MOST OF RENT
BUSINESS
The business is well established, has been in the present hands for some 3.5 years and is only being marketed due to the vendors other business interests. Mostly staff operated, tremendous potential exists for an owner operator to market and further develop with the introduction of more beauty treatments and longer opening hours.
TURNOVER
The business declares takings of £90,000 P.A.
STAFF
2 full time and 1 part time beauticians and 2 hairdressers who are employed.
1 hairdresser is renting a chair plus rear room rented out at £600 pcm. WAGES - £5,000 PCM
TENURE
10 year lease from 4th November 2022. RENT - £17,500 P.A. (5 year reviews) Rent to be paid quarterly in advance.
The flat produces a rental income of £16,200 PA which nearly covers the cost of the whole premises.
EPC RATING
Band D
BUSINESS RATES
Nil currently payable
