Converted to a Salon three years ago this salon enjoys an amazing location. Located between Elelphant & Castle and Kennington Tube stations and on multiple bus routes the salon enjoys a prominent location at the junction of two main roads.
Currently in year three of a seven seven lease, with the option to extend for a further seven years, the rent is £2600 pcm, however the basement is sublet, producing an income of £1580 pcm, leaving a net rent of £1020 pcm. The property qualifies for zero business rates.
There is a main salon area with four working stations a reception area and two back washes. On the ground floor there is also a kitchen, showerroom and WC. The basement consists of two units current let at £980 and £600 pcm.
Current salon income (excluding rent from basement) varies between £6000 and £8000 pcm. (Opening five days a week) This is with two stylists and has much room for improvement.
Lease deposit of £7800.
All set up for new owners to walk straight in and start cutting!
***Please note restaurant photos and street view on google maps are currently incorrect**
- Accounts Available
- Fully Fitted
- Prime Location
- Owner Financed
- Established Business
- Attractive Business
- Small Business