Long Established Unisex Hair Salon In Witney For Sale

Witney, Oxfordshire, UK

Asking Price:: £12,000

Turnover:: Available on request

Net Profit:: Available on request

This is an excellent opportunity to acquire a long-established and easily managed unisex hair salon, offered for sale pending the proprietor’s desire to retire after 24 years ownership having acquired the salon through our Agency in 1999.

This business provides great potential for expansion in the hands of an enthusiastic new owner.

Key features:
- Retirement sale after 24 years of ownership by vendor
- Trading a congenial 36 hour, 4½ day week – great potential for expansion
- Easily managed by vendor with no staff
- Ideal first salon purchase opportunity
- Located in busy neighbourhood parade on outskirts of town providing easy access and convenient parking for clients
- 614 ft.² salon with 6 styling positions and 3 wash basins plus kitchen, store room, utility room and toilet
- New lease available at sensible rental of £7,500 per annum
- Internal inspection invited, strictly by prior appointment only through Business Partnership

Property Information

Property:: Leasehold

Lease Terms:

A new 10-year lease will be granted on the premises to the purchaser of the business at a commencing rental of £7,500 per annum, exclusive of rates, subject to a mid-term rent review. Rent will be payable quarterly in advance.

The landlord will require payment of a rent deposit equivalent to 3 months annual rental (£1,875) to be held for the duration of the lease. Purchasers should take this into consideration when preparing financial forecasts and budgets.

Location:: Situated in neighbourhood parade on outskirts of Witney, Oxfordshire.

Premises Details:: The spacious ground floor premises extend to approximately 850 ft.² and include a 614 ft.² salon with 6 styling positions and 2 front wash basins and 1 back wash basin, beyond which is a kitchen, utility room, store room and toilet.