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Leamington Spa, CV31

Retail for sale

£19,950
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Total price
SOA
Space

Hair & Beauty Salon Located In Royal Leamington Spa For Sale

Two Areas Of The Salon Can Be Sub-Let For £12,865 pa

Ref 2186

Location

This established Hair & Beauty salon is located within a prominent and highly visible trading position on Bath Street in Royal Leamington Spa, Warwickshire. With wide boulevards, Georgian and Edwardian architecture, award-winning parks which provide a sophisticated backdrop to this Regency shopping paradise. Often described as 'the best bits of London, all in a ten-minute walk', Leamington town centre combines a treasure-trove of independent, specialist boutiques with all the national chains you would expect to find in a large city. With an impressive array of entertainment venues, a rich choice of restaurants and some of the country's best spas and salons, we're certain you will find it one of the most appealing towns in the UK.

Business information

Asking Price: £19,950

Turnover: £28,000

Stock: £2,000

Leasehold

Original term: 3 years (new lease available)

Remaining : 8 months

Rent: £10,200 pa

Rates: zero

Business Description

Veritas Business Sales are privileged to offer to the market this highly 3years ago and has been in her careful hands ever since. Reluctantly the salon is being offered for sale so that she can enjoy a well deserved retirement. During ownership she has continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Enhance Hair & Beauty is owner operated and has an annual turnover of circa £28,000. They offer a range of treatments to include, electrolysis, waxing, facials, skin tightening, manicures, pedicures, hairdressing, eye brow and lashes tinting and extensions. A further annual income of £12,865 is generated by sub-letting nail stations, barbers chairs and from a tattooist located in the basement. Currently we have left these areas unrented so that any purchaser can choose to use utilise the space or rent for additional income. We believe that there is huge potential to increase trade within the salon as my client trades at a gentle pace to suit her lifestyle and a new owner could take the nail stations and barbers services in house which would increase turnover immensely. The salon enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade which is a great base to build upon and as such early viewing is strongly recommended.

Opening Hours

Sunday & Monday - Closed

Tuesday & Wednesday - 10.30am - 6.00pm

Thursday - 10.30am - 7.00pm

Friday - 10.30am - 6.00pm

Saturday - 9.30am - 4.00pm

Ground Floor

Reception desk, customer seating area, 2 nail stations, 2 mirrored barbers chairs, hand wash basin, retail sales & display stand and store cupboard. Treatment room with couch, trolley lamp & electrolysis machine (Epil-pro), waxing trolley and wall mounted storage units. Hallway with linen storage. Salon with 2 mirrored cutting chairs, couch, backwash, sink drainer with wall & base units and cloak area. Staff area with tea & coffee area, fridge & base units. Ladies/customer W/C with hand wash basin.

Basement

Tattooist room with couch. W/C with hand wash basin and sink drainer. 2nd Tattooist room. Staff W/C with hand wash basin. Staff room with sink drainer, work top, washing machine (White Knight), dryer (Siemens) and microwave (Matsui).

External

Shared rear courtyard

Listed Features

  • Hair and Beauty
  • Restaurant
  • Reception
  • Storage
  • Staff Room
  • Parking
  • Outdoor Space
  • Period Design
  • General Retail
  • Basement
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Veritas Business Sales