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SOLD OR WITHDRAWN FROM THE MARKET
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Hair & Beauty Salon with Large Client Database

Barnet, London
Leasehold Price:
£125,000
Find more details, or book a viewing:
Status
SOLD / WITHDRAWN
Advert ID
211974
Reference
5650 / Rightbiz

Details

    Established Since 2001

    Annual Turnover £137,614

    Low Rent & No Rates

    4 Sub-Let Stations

    Large Client Database

    EPC - D

Description:
REF 5650 – Leasehold Hair & Beauty Salon


Blacks Business Brokers are pleased to bring to the market this leasehold hair and beauty salon located in the much sought after area of Barnet, Greater London.


INTRODUCTION
Purism Hair & Beauty has been trading from Churchill Road since 2001 with our client in ownership since 2007. During that time, it has firmly established itself within the local community and within this business sector with a large customer base in place and a superb reputation.


LOCATION
Barnet is a suburban London borough in North London. The area is densely populated with many local residents in addition to a large assortment of other businesses, shops and eateries. Churchill Road is positioned in a high profile trading position in a busy area of Barnet. The area is also well linked with the A110, A109 and the A411. Parking is available close by and both Canon Park Station and Edgeware Station are within walking distance. The area is busy with shoppers, residents and city workers all year round.


REASON FOR SALE
Purism Hair & Beauty is only being offered for sale due to our clients family commitments.


LEASE
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is a rolling yearly contract, which is available for renewal at a cost of £277 per week with rent reviews undertaken every 4 years.


BUILDING LAYOUT AND DESIGN
Purism Hair & Beauty housed within a spacious, two storey, double fronted unit within a busy parade of shops and other businesses. The branding is superb and signage well placed above a fully glazed shop front with central entrance. Inside, the main counter and waiting area are nicely presented with products on display and seating available. The main salon area is made up of a total of seven, fully equipped work stations and two back wash stations and all areas are finished to a high standard with superb attention to detail. To the rear of the unit, are two, private beauty rooms, kitchen, toilet and a colour corner. All areas are exceptionally well maintained.


STAFF
Currently there are six members of staff in employment at Purism Hair & Beauty, four of which are full time with the owner and the other two are part time.


FINANCIAL DETAILS
Financial details are available upon a viewing of the business and Purism Hair & Beauty has traded solidly over its trading history. The business generates an annual turnover of £148,634. Most customers are from the local area as one would expect, with additional trade from city workers and word of mouth trade.


SUMMARY
Purism Hair & Beauty is an ideal opportunity to acquire a busy salon with an excellent reputation and a solid client database. The salon has seven work stations of which four are rented to self-employed stylists and two beauty rooms of which one is rented to a self-employed beautician, making this a good profitable business with multiple income streams.This proposition would ideally suit an owner operating team with experience in this sector, who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.




Fixtures & Fittings:
x7 Fully Equipped Work Stations
x1 Reception Desk
x2 Back Wash Stations
x3 Easy Chairs
Computerized Till Terminal with Precision Salon Systems Software
x1 Sonos Sound System
x1 Small Fridge
x1 Microwave
x1 Washing Machine
x1 Nail Bar
Caci Quantum ( Non Surgical Face Lift)


Opening Hours:
MON & TUE: 08:30 - 17:30WED & THU: 08:30 - 20:00FRI & SAT: 08:30 - 17:30 SUN: 10:00 - 16:00


Weekly Rent:
£288 Per Week.
Seller Details
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Listing Details
Leasehold Price: £125,000
Tenure: Leasehold
Location: Barnet, London
Sector: Engraving Businesses, Hairdressers
Financials
Annual Turnover: £137,614
Energy Performance Certificate (EPC)
Location Statistics
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