Business for sale

Business description

Situated in a parade, large residential estate, Hertfordshire

We are informed the turnover is in the region of £1,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised that the net profit last year showed in the region of £24,000.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £25,000 plus STOCK AT VALUATION SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Features No parking restrictions.

SPACIOUS DOUBLE FRONTED SALON with tinted windows, electric see through shutters.

The salon has full gas fired central heating, lino floor, spot lighting and is well equipped including 6 work stations, 3 back plus 1 forward basin. Reception desk. Reception chairs. Electronic cash register. Burglar alarm system etc.

Kitchen/staff room
Staff w.c. and wash hand basin

Staff The salon is at present operated by a lady vendor with the assistance of 1 full time and 2 part time staff.

Opening Hours CLOSED ALL DAY SUNDAY & MONDAY
Tuesday - Saturday inclusive - 9 a.m. - 5 p.m.
With the exception of Thursday when the business opens until 7 p.m.

Accommodation The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold 6 months tenancy and provides a rental income of £450 per month. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge with gas coal effect fire
Kitchen with fitted units

Outside Large rear patio area plus car parking space for 2 cars.

Tenure We understand the present lease has expired at a curent rental of £7,800 p.a. exclusive of rates. We further understand that subject to satisfactory references the landlords are prepared to grant a new 15 years full repairing and insuring lease at a rental in the region of £7,800 p.a. exclusive of rates, with rent reviews.

Uniform Business Rates: £2,200 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION


Reference : M2349