- Nicely fitted salon in an affluent area
- Superb trading location
- Heavy footfall
- New lease available
- Vacant possession may be available
High end Hair & Beauty Salon in a busy shopping location surrounded by bars, restaurants and retail businesses. This location is always in demand as it’s the main shopping location of Leigh on Sea.
The business had a £40,000 refurbishment in 2016 and there is a genuine reason for the sale of the business. There are 11 cutting stations, 4 beauty rooms, 1 nail station and 3 backwash basins. We are advised takings average £2,500 per week and there is huge potential to increase this. The beauty rooms can also be sublet to further increase the revenues and have previously produced an income of £2,000 per month.
New full repairing and insuring lease for a term of 5 years
We are advised by our client that the turnover averages £2,500 per week.
Secure lease and current rent is £26,000 per annum exclusive.
£25,000 to include the lease, goodwill, fixtures and fittings plus SAV.
There is also an opportunity for a joint venture as a business partner.
Our client has indicated that there is an opportunity to take over the lease with vacant possession, Subject to a premium of £15,000 for a vacant shop.