Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

SOLD Spacious Salon. Busy Main Road, Wollaton For Sale

Wollaton, Nottinghamshire, UK
Asking Price:
£30,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

Spacious Premises, Wollaton. Established ladies & gents hair salon. ‘‘FOR SALE’

Established more than 20 years ago, this spacious salon trades from the busy and upmarket area of Wollaton. The first-floor premises offer privacy and versatility, and benefit from ample parking for.

There is plenty of potential to build upon the existing clientele with the addition of social media, a website and increased staffing. The combined income from renting out one room and one hairdressing chair more than covers the annual rent.

Key information:

Highly sought after location.
Affluent area.
Located on a busy road, with many established businesses.
New lease.
Low rent.
Income (more than covering the rent) from the rental of 1 room and a 'chair'.
Versatile premises.
1st floor premises.
4 separate rooms plus WC and a staff kitchen.
£nil rates with SBRR.

Summary. These are particularly well-positioned premises, situated in an upmarket and densely populated residential area, in a proven popular shopping area. The premises benefit from an established cliental should someone wish to continue with the current business. Alternatively, the premises offer the option of a change of use such as an Aesthetics beauty salon, Barbers, Offices etc (subject to the landlord’s approval).

For the full sales particulars please complete the enquiry form.

Property Information

Property:

Leasehold

Lease Terms:

New lease. Current rent £8,000 including VAT.

Leasehold Rent:

£8,000 per annum

Location:

This First-Floor salon is situated, Wollaton. It is located
amongst a long parade of shops, with many established businesses such as Sainsbury’s Local, Tescos Express, Boots, Birds and a number of independently own stores. Clients and staff are able to park close to the salon without charge. a highly sought after location in an affluent area. Premises rarely become available in this area.

Premises Details:

The ground floor entrance has a small reception area with stairs leading up to the salon. There are 4 separate rooms plus a kitchen and toilet on the first floor; all leading off from a central corridor. The 4th room is rented out to a Chiropodist, providing income of £5,000 rent per year.
Overall, the 3 salon rooms offer 6 ladies styling stations, 2 barbers chairs + wash basin, 3 back
washbasins, 1 floor mounted & 1 ceiling mounted drying hoods. The premises are neutrally presented throughout; ideal for someone wishing to create their own style.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Versatile premises with space to add additional services to the current business.

Competition / Market:

There is limited competition in this area. We understand that there is no other barbers in the immediate vicinity.

Reasons for selling:

The vendor wishes to retire.

Trading hours:

Monday & Tuesday 9am – 5:30pm, to Wednesday closed, Thursday 9am – 5:30pm, Friday
9am – 6pm, Saturday 8:30am – 4pm. Sunday closed.

Employees:
Vendor, with 3 stylists. The vendor works minimal hours. Ideally 2 members of staff are required at all times. 1 of the staff members rents out a chair, providing income of £10,000 per annum. The vendor believes that the staff would be agreeable to continue working for the new owner., with increased hours. Tenure. Leasehold. Term. We understand that a new lease will be made available
Years established:
Over 20 years.

Other Information

Furniture / Fixtures value:
£5,000 - included in the asking price