Fitted hair salon for sale in Colchester with rental income opportunity
Colchester, Essex
- Status
FOR SALE
- Advert ID
652463
- Reference
B0143E / Rightbiz
- Call Agent:
- Leasehold: £15,000 (Stock at valuation)
- Rent: £10,350 (£863 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Ideal for passionate salon owner
- Provision for lease extension
- Proximity to local amenities
- Public foot traffic potential
Business Details
VACANT FITTED HAIR SALON WITH IMMEDIATE RENTAL INCOME £15,000 Plus SAV COLCHESTER REF: B0143E
VACANT FITTED HAIR SALON WITH IMMEDIATE RENTAL INCOME
PRICE: £15,000 Plus SAV - LEASEHOLD
LOCATION: COLCHESTER, ESSEX
REF: B0143E
VACANT FITTED HAIR SALON WITH IMMEDIATE RENTAL INCOME trading from a SECONDARY PARADE within the VERY BUSY CITY CENTRE, ideally positioned adjacent to a LARGE PUBLIC CAR PARK, generating a HIGH LEVEL OF PASSING FOOTFALL AND TRADE in COLCHESTER, ESSEX. The premises are FULLY EQUIPPED and comfortably arranged to accommodate 5 CUTTING STATIONS and 2 BACKWASH STATIONS, providing an excellent turnkey opportunity for a new owner. The salon further benefits from LOW OVERHEADS, including ZERO BUSINESS RATES PAYABLE, making it an attractive proposition for both new and established operators. We are advised that the current CHAIR RENTAL INCOME RANGES FROM £350 TO £750 PER CALENDAR MONTH, providing an immediate income stream with scope to increase occupancy and maximise returns. The premises are held on a secure lease at a current rental of ONLY £10,350 PER ANNUM EXCLUSIVE. We believe there is FURTHER POTENTIAL FOR GROWTH through the introduction of additional beauty treatments, nail services, aesthetics, barbering or by increasing the number of self-employed stylists operating from the premises. This represents an IDEAL ENTRY-LEVEL BUSINESS that would be HIGHLY PROFITABLE for a hands-on owner-operator. Equally, the premises may suit an existing salon operator seeking an additional location within this thriving city centre environment. As such, an EARLY VIEWING IS ADVISED through sole agents ESSEX AND SUFFOLK BUSINESS SALES.
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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.
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