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Vacant Fitted Hair Salon With Immediate Rental Income For Sale

Colchester, Essex, UK
Asking Price:
£15,000
Turnover:
Not applicable
Net Profit:
Not applicable

Vacant Fitted Hair Salon with Immediate Rental Income

Price: £15,000 Plus SAV - Leasehold

Location: Colchester, Essex

Ref: B0143E

Vacant Fitted Hair Salon with Immediate Rental Income trading from a Secondary Parade within the Very Busy City Centre, ideally positioned adjacent to a Large Public Car Park, generating a High Level of Passing Footfall and Trade in Colchester, Essex. The premises are Fully Equipped and comfortably arranged to accommodate 5 Cutting Stations and 2 Backwash Stations, providing an excellent turnkey opportunity for a new owner. The salon further benefits from Low Overheads, including Zero Business Rates Payable, making it an attractive proposition for both new and established operators. We are advised that the current Chair Rental Income Ranges from £350 to £750 Per Calendar Month, providing an immediate income stream with scope to increase occupancy and maximise returns. The premises are held on a secure lease at a current rental of Only £10,350 Per Annum Exclusive. We believe there is Further Potential for Growth through the introduction of additional beauty treatments, nail services, aesthetics, barbering or by increasing the number of self-employed stylists operating from the premises. This represents an Ideal Entry-Level Business that would be Highly Profitable for a hands-on owner-operator. Equally, the premises may suit an existing salon operator seeking an additional location within this thriving city centre environment. As such, an Early Viewing is Advised.

Property Information

Property:

Leasehold

Leasehold Rent:

£10,350 per annum

Size in square feet:
451

Business Operation

Management type:
This business is owner operated.