Sudbury Suffolk Hair and Beauty Salon with Profitable Rent Potential for Sale
Sudbury, Suffolk
- Status
SOLD / WITHDRAWN
- Date Submitted:
23/01/24
- Advert ID
605458
- Leasehold: £10,000
- Rent: £15,000
- Turnover: Not Applicable
- Net Profit: On request
Key Features
- Accounts Available
- Close to Local Amenities
- Prime Location
Business Details
Large hair and beauty salon
I have for sale my hair and beauty salon. The beauty part generates £158 per week in rent which could easily be increased as a yearly review is due.
The hair salon has 11 styling stations and 5 backwashes.
Would be perfect for someone wanting to start their own business and build their team.
I had all new mirrors, shelves, and retail shelving and refurbed the desk in April 2023, along with the salon being painted inside.
The salon has air con and heating throughout.
A staff room & wc on the ground floor.
First floor has a huge reception area with a nail desk, 3 beauty rooms, w/c, laundry room and office. This is currently rented out at £158 per week.
There are 7 years remaining on the lease with a break clause in December 2025.
I would consider someone renting the hair salon from me instead of buying the lease.
Reason for sale is retirement.
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Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
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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.
Stay Safe
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.
Stay Safe
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.
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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.'.
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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.
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