Salon for sale in City of London, located in Spitalfields with high-spec fit-out and income potential
City of London, London
- Status
FOR SALE
- Advert ID
643499
- Reference
RX707477 / Rightbiz
- Call Agent:
- Leasehold: £35,000 (Stock at valuation)
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
EXCEPTIONALLY FITTED SALON
An outstanding opportunity to acquire an exceptionally fitted leasehold salon in the heart of Spitalfields, East London, one of the capital’s most vibrant and high-footfall locations.
The premises has been finished to an excellent standard throughout, boasting high-quality fixtures, fittings and professional equipment, allowing an incoming operator to commence trading immediately with minimal additional investment.
Our client currently sublets a section of the salon, generating £1,100 per calendar month (£13,200 per annum), which significantly offsets the rental liability. There is further scope to increase income through the subletting of:
A curtained-off treatment area
A separate, fully enclosed treatment room
Both areas could alternatively be retained for owner occupation, offering flexibility to suit a variety of salon or wellness concepts.
Key Features:
Prime Spitalfields location
High-spec fit-out and equipment included
Existing sublet income: £13,200 per annum
Further subletting potential
Long permitted opening hours
This is an ideal opportunity for an owner-operator or investor seeking a ready-to-trade, income-assisted salon in a sought-after London location. RX707477
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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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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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