Advert Ref: HD.0.17.EL

Unisex Hairdressing Salon In Walthamstow For Sale

  • Essex, United Kingdom

Price Reduced

Asking price:
£7,500
Sales revenue:
£35,000
Net profit:
Undisclosed
Years established:
20
Employees:
In addition to one full time vendor, the salon employs one part time stylist, and one casual staff member

Photograph of this business for sale

This fully glazed, ground floor unit occupies a prominent position in a densely populated area of Walthamstow.A shared entrance leads to the main salon area with reception desk. The salon occupies a total area of approximately 350sq ft. There are four styling stations, two backwashes, and two hood dryers. The salon is currently exempt from rates for one year, saving a purchaser around £2,500

Property:
Leasehold
Lease terms:
Tenure We are informed by the vendor that the premises are held on a secure, renewable twelve-year lease that expires in 2019 and has a rental of £6,720 P/A, with a rent review in 2011.
Location:
Walthamstow is a town in the London Borough of Waltham Forest, North East London. A new development is planned and 662 new residentials properties are planned for 2011 only 800 m from the salon. This will be a massive benefit to a new owner.

Support & training:
Full handover support.
Reasons for selling:
Relocating overseas
Trading hours:
Tues/Weds/Thurs 9am-5.30pm Fri 9am-6.30pm Sat 9.00am- 5pm. Closed Monday and Sunday
Fixtures value:
Undisclosed
Stock value:
Undisclosed

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