Leasehold Hairdressing Business available for sale by informal tender and all offers are invited by Thursday 18th July 2024.
Established in Torquay town centre in 1997, McKinlay Martyn have enjoyed an enviable reputation.
However, the time has now come for the partners to retire and offers are invited for their business.
Located in a prominent position in Torquay Town Centre the salon premises offer well presented accommodation over two floors amounting to some 79m² (850sq ft) in total.
The current business is hairdressing only and the business offers the ability to introduce other complimentary services if so required.
The Business
Full details of turnover and staff contracts will be available to interested buyers following a formal viewing.
Inventory
The salon will be sold with all the business fixtures and fittings.
Lease
A new lease is being offered by the landlord for a term of 6 years subject to a rent review at year three.
Rent
£850pcm or £10,200pa.
Rateable Value
£4,650 small business relief available to qualifying applicants.
Proposal
This leasehold business is available for sale by informal tender and all offers are invited by Thursday 18th July 2024.
The vendors reserve the right to end the process early if so required although before doing so they will inform anyone having viewed the premises prior to them doing so.
Guide Price £20,000+
EPC - Awaited.
Legal Costs
Each party to pay their own legal costs.
VAT
All prices and rents quotes are exclusive of VAT where chargeable.
Viewing Strictly by prior appointment with sole agents Waycotts
