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Big Reduction Spa In Affluent W London Neighbourhood For Sale

Undisclosed London
The Business Partnership is delighted to market for sale this exclusive, luxurious day spa located in West London. ** NOW REDUCED BY £50,000 **
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 67942
ADVERT IMPRESSIONS : 13,746 TIME(S)

 
BUSINESS SECTOR: Care / Health / Beauty
TRADE TYPE: Spa / Hot Tubs
SALE: Agent Sale

LEASEHOLD:

£125,000
 

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BUSINESS DETAILS:

The business was established in 1998 and has been operating successfully from these premises since 2000. The owners have recently spent over £50,000 on revamping, redecorating and re-equipping the spa. It is simply stunning - restful, luxurious and inviting. An early viewing is highly recommended.

KEY FEATURES:
* Stunning facilities
* Central location in an upmarket neighbourhood
* Enviable reputation
* Retail of exclusive products
* Sales up 16% at 84% margin following £50,000 refurb
* Superb opportunity for marketing-savvy buyer

SPA:
Guests are welcomed into the comfortable reception area which has a wide range of exclusive products for sale. The spa has 7 private air conditioned treatment rooms used for facials, massages, body treatments, etc. A further 2 larger treatment rooms are used by the naturopath, osteopath and other complimentary therapists. Between treatments, guests can relax and unwind in the lounge or freshen up in the complimentary shower facility. Further rooms are used as staff room and kitchen, laundry, office.

COMPETITION:
There is no other spa locally, and this business's reputation has discouraged any competitor from establishing itself nearby.

LEASE:
The 15 year lease is renewable in 4 years time. Passing rent is £70,850. Total area over 3,000 sq.ft.

REASON FOR SALE:
The owners need to sell due to their own ill-health and to care for elderly parents.
   
  FOR SALE
   

REFERENCE:

LC1139 / RightBiz
   
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ENQUIRIES:

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