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Hair & Beauty Salon With Two Bedroom Flat For Sale

Durham, County Durham, UK
Asking Price:
£150,000
Turnover:
£70,398
Net Profit:
Available on request

HAIR & BEAUTY SALON WITH TWO BEDROOM FLAT in Durham for Sale.

Substantial Freehold property with successful hair and beauty business and additional income generated from the two bedroom, self-contained flat above. The property is located in a small village a few miles from Durham. The property stands at the end of a short parade and has prominent visibility. Deceptively large, as to the rear there is a large enclosed yard and purposely built single story unit that incorporates the ‘spa’ element of the business. Multi-faceted, this property should be of interest to property investor’s looking for a good rental return on investment, a beauty professional looking for substantial premises from which to develop their business, or potential buyers looking to use the private accommodation and operate an alternative business from the retail premises. Weekly Turnover £1,354. The premises comprise:- Brick built with white painted rendering, under a pitched tile roof, over ground and first floors. The ground floor has been extended with a single storey extension. The ground floor and extension incorporate the retail premises, currently being operated as a Hair & Beauty Salon. The salon is ultra-modern and is superbly equipped. Main salon area has 3 dressing / styling stations, a reception area and separate back-wash area with twin sinks. Two rooms, one with an Ultra Sun horizontal sunbed, one with Aurora vertical tanning booth. Additionally there exists a room specifically tanked out for the application of spray tanning. Customer and staff toilets and a kitchenette. On the first floor there exists a fully self-contained, two bedroom flat with two private entries (front and rear at ground floor) to a large ground floor kitchen and stairs leading to living room with pleasant views over the adjacent cricket pitch, a double bedroom, a good size second bedroom and large bathroom. The accommodation is currently rented on a shorthold tenancy agreement and attracts a rent of £5,200 per annum. To the rear of the property is a large enclosed and gated yard and attached to the main building is a single storey, flat roof extension incorporating the Beauty Spa facet of the business which is currently let on an informal rental agreement producing £4,200 per annum. This has its own dedicated entrance to an attractive reception / nail bar area and room off to the side for more personal beauty treatments. The outside yard is attractive, south facing and is a pleasant area to enjoy coffee or prosecco between treatments! EPC Band D.

Property Information

Property:

Freehold

Contact Ernest Wilson Business Agents

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