FOR SALE
23/03/23
510520
WA.195524 / Rightbiz
Goadsby Commercial present reputable business in the local area. Strong existing customer base. Highly regarded staff come with the business. Commercial equipment included in the sale. Retirement sale.
LOCATION
Hythe is situated on the waterfront bordering the New Forest to the west of Southampton. It has a railway link and pier leading to the ferry, popular with commuters to and from Southampton and has a good mix of retailers, its main supermarket being Waitrose. Ferry Road is located just outside the centre and forms part of a substantial residential estate. Immediate local retailers include: a Fish and Chip shop, Chinese takeaway, Indian take-away and a Computer Repair business and Appliance store. This opportunity would suit an ambitious barber/hair stylist who would like the freedom to run their own business with a proven track record.
SUMMARY OF ACCOMMODATION
The sales area of the property includes 2 banks of hairdressing stations with an overall capacity of 7 chairs in it’s current configuration. To the rear of the unit there are three hair washing stations with washing basins. The unit also benefits from a small kitchen point and storage area and WC facilities. To the front of the property is free unrestricted on-street car parking.
DESCRIPTION
The subject business is a unisex hair salon with a longstanding reputation in the local area that is well recommended with popular reviews. The business benefits from the following commercial equipment that comes with the going concern of the business:
• 3 x REM Elite wall-mounted hood hairdryers
• 7 x REM Hydraulic styling chairs
• 3 x REM Backwash chairs
TRADING & BUSINESS
The business is currently open from Tuesday to Thursday 9am-5pm, Friday is open 9am-6pm and Saturday is open 9am-3:30pm. At present the business is closed on a Sunday and Monday. The business is currently averaging a weekly gross turnover of £1,750 (circa £90,000 per annum). Accounts can be made available to genuinely interested purchasers.
TENURE
LEASEHOLD. The rent payable is £6,500 per annum, exclusive of VAT. Further lease details available upon request. The purchaser of the going concern is to pay the landlord’s legal fees for assigning the lease.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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