LONG ESTABLISHED HAIR & BEAUTY SALON - VERY SPACIOUS HIGH STREET PREMISES WITH FOUR BED FLAT ABOVE - POPULAR DISTRICT IN WEST LONDON - CLOSE TO HEATHROW
A rarely available opportunity to acquire an established Hair & Beauty Salon located in a busy suburban district close to Heathrow.
The premises are held on a 15 year lease which, we are advised, has around 9 years remaining at a current rent of £28,000 per annum plus VAT.
Double Fronted Salon (circa 500sq.ft.). Fully Fitted Beauty Room (9’7” x 5’6”). Cloakroom (wash basin, toilet and washing machine).
Basement (circa 400sq.ft.):- Suitable for beauty or even a beautician academy or hairdressing training facility (tiled flooring, air-conditioning beauty tables and chairs).
Rear access with two parking spaces.
Four Bedroom Flat above:- Currently sub-let on an Assured Shorthold Tenancy (twelve months) at a rent of £1,850 per calendar month net after management fees leaving rent payable on the Salon itself very low.
Vendor advises current Takings average around £2,000 weekly (circa £2,500 pre-Covid). There is considered to be scope to increase Turnover under younger and more motivated ownership as well as potential to sub-let the Beauty Room, Nail Bar and the refurnished Basement.
EPC RATING:- E-105.
Price required for goodwill, lease, tenants’ fittings, fixtures, utensils and equipment:- £55,000 STOCK EXTRA AT VALUATION