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Hair Salon And Barber Shop In Felling For Sale

Felling, Tyne and Wear
Asking Price:
£10,000 Furniture / Fixtures included
Turnover:
£40,000
Net Profit:
Available on request

• Established business trading for over 20 years.
• Located close to new retail develpoment.
• Sales circa £40,000 per annum.
• Fully fitted and equipped for the trade.
• High levels of repeat business.
• LEASEHOLD PRICE £10,000 to include all fixtures and fittings.

Property information

Property:

Leasehold

Lease Terms:

We are verbally informed that the premises are held by way of a 10 year lease from 2013 at a passing rent of £312 per month. We understand that a new lease is available interested parties should seek legal conformation of this.

Leasehold Rent:

£3,750 per annum

Location:

The business is located on the first floor of a mid-terraced property in the centre of Felling just off Split Crow Road and Crowhall Lane.

The immediate area is as a mixture of retail, residential and commercial accommodation and there are free car parking facilities available nearby.

Premises Details:

This opportunity comprises a long established ladies salon and gent’s barber shop which has been placed on the market as the client wishes to retire.

The business has been trading from this site for over 20 years and, as you would expect, has a very loyal customer base. The salon is spacious and is currently configured to provide separate ladies and gents sections with additional communal space to the rear. Dependent on the new owner’s preferences, the size of the unit would permit other services to be incorporated such as beauty treatments.

This would be an ideal 1st time venture for a couple or partnership and viewing is recommended to appreciate the opportunity.

Premises

Comprises a self-contained first floor shop.

First Floor - (total floor area 90 sq.m. (970 sq.ft.)

Barber Shop
Salon Area
Store
Former sunbed room
2 x W.C.’s

Size in square feet:
970
Energy Performance Rating:
G

Business Operation

Reasons for selling:

Retirement sale.

Trading hours:

Monday - Tuesday 9.00am – 4.00pm
Wednesday closed
Thursday - Friday 9.00am – 4.00pm
Saturday 8.30am – 3.00pm

Employees:
Currently operated by the owner.
Years established:
20 years

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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