FOR SALE
10/06/22
454
23347866 / Rightbiz
Located on the bustling Batchen Street in the charming town of Elgin is LCTG Hair Salon; a long established and very popular hair salon that has been in business for over 25 years. With an excellent reputation this profitable business is presented for sale in immaculate condition throughout and offered in true walk-in fashion.
The subjects are situated on the bustling Batchen Street, where the pedestrianisation is due to be restored in the centre of Elgin. The surrounding area contains mainly ground floor retail shops occupied by high quality and truly unique, independent traders with residential or commercial usage on the upper floors. A range of high street shops, small retailers, cafes, restaurants, and leisure facilities are on offer in the vicinity. Much has been done in recent years to regenerate the town while the High Street retains many of its original buildings and cobbled streets. The property is also located within a Conservation Area.
Just a short walk from Elgin’s main high street and all local amenities on offer such as doctors, dentists, sporting facilities, post office and schools, with many in proximity of the property. Elgin itself is a lively and charming town housing around 24,000 people. Within the centre it has a variety of shops on offer to suit all needs. For those seeking further education, Elgin is also home to Moray Collage UHI which provides a range of courses for around 10,000 pupils. Elgin has a high level of tourists all year round looking to experience the local distilleries, castles, and world class golf courses. Connecting with bigger cities is made easy with transport links; the bus station and train station enabling easy access to Inverness and Aberdeen. The larger cities of Inverness and Aberdeen are within easy driving distance, being 38 miles and 64 miles respectively, both of which have airports and regular daily scheduled flights.
It is a traditional ground floor retail unit that has been tastefully refurbished to form a contemporary hair salon. The salon is located within a mid-terraced building and has a rear single-story projection. Entrance is via the main door from Batchen Street into the lower salon area. The front of the shop benefits from large full-length windows that allow natural light to flood the salon. There is a ramp up to the rear salon area which in turn provides access to the cloak room, toilets, and staff room. The total area is 99 sq m. There is a fire escape at the rear of the property.
In total there are 13 hair stations and 4 hair wash stations and 2 seated waiting areas.
The property has mains gas, electricity, water, and drainage.
The property is held on the Scottish equivalent of a freehold.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.