North London Hair Salon & Barbers | | Enfield London | | • HIGHLY PROFITABLE BUSINESS SERVING LARGE COMMUNITY • VERY ATTRACTIVE LEASE – ANNUAL RENT PASSING £6,250 • RENTAL INCOME GENERATED FROM LADIES HAIR STATIONS • UNRESTRICTED CUSTOMER CAR PARKING TO FRONT • IDEAL BUSINESS FOR EXISTING OPERATOR OR FIRST TIME BUYER • FITTED AND EQUIPPED TO VERY HIGH STANDARDS | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 69312
ADVERT IMPRESSIONS : 14,433 TIME(S) | | | | BUSINESS SECTOR: | Care / Health / Beauty | | TRADE TYPE: | Hairdressers Salons | | SALE: | Agent Sale | LEASEHOLD: | Offers Invited | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business is situated on a small parade close to schools in a densely populated residential area. Within walking distance to the business are: Several bus stops, Jubilee park, Large primary and secondary schools, Middlesex University, Great Cambridge Industrial Estate and Bush Hill Park Railway Station.
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DESCRIPTION
The premises comprises of a mid terraced ground floor lock-up unit situated within a busy community parade.
The business has been well fitted and equipped throughout and is kept in a good condition.
The business is split into 2, one side our client is trading as a barbers and the other side is a ladies hair salon who pay rent to our client. Both sides are equipped with 2 cutting stations and hair washing facilities.
THE BUSINESS
The unit was acquired by our client in 2004 and the business established. Over this short period of time the business has built up a strong loyal customer base through serving the large surrounding community.
After opening the barbers our client decided to rent out half of the trading area to a hair salon operator. The rental income generated offset against the total rent for the property reduces the businesses outgoings to virtually nothing returning very high annual profits indeed.
The business currently runs mainly with staff allowing the current owners to concentrate on other ventures. This could be continued by the incoming purchaser or alternatively they can run the business as an owner operator to boost profits further.
INTERNAL
Barbers with 2 stations
Hair Salon with 2 stations
Hair washing area
Staff Room
WC
EXTERNAL
The unit fronts onto a busy parade with unrestricted customer car parking directly outside.
TRADING HOURS
The business currently trades:
Mon/Weds/Thurs 9:00am – 18:00pm
Friday 9:00am – 19:00pm
Sunday/Tuesday Closed
TERMS & TENURE
We have been advised that the premises is held on a rolling 4 year council lease. The annual rent passing is £6,250. Formal rent reviews are conducted every 4 years.
BUSINESS RATES
We have been advised by our client that the business rates payable are circa £700. This is to be confirmed with the council. | | | | | | FOR SALE | | | | | REFERENCE: | BMA592 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
