Advert Ref: HD.10.18.70.KCL

Modern Hairdressing Salon In Kings Cross London N1 For Sale

  • Kings Cross, London

Price Reduced

Asking price:
£65,000
Sales revenue:
£98,000
Net profit:
£36,000

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Confidential Sale-Viewings strictly by appointment only. County Business Sales are proud to offer to the market this attractive unisex salon. The business has been established since 1992 and in its current location since 2012.The business boasts an average 4.1 out 5 from 18 Google reviews (October 2018). The salon has a welcoming feel to it and the entrance leads straight into an open plan, well presented sales area with attractive wooden flooring, striking chandeliers and spotlights. The salon has five styling stations and two backwashes. The basement area with kitchen facilities, has ample storage and is currently sub let as a beauty room. There is no official contract in place and a buyer may want to utilise this space for themselves

Property:
Leasehold
Lease terms:
We are advised that the twelve-year lease expires in 2024. The current rent payable is £20,000 per annum
Location:
The salon is situated in Kings Cross, close to various retailers of all descriptions including artisan coffee shops and bars. It is also close to close to Kingscross/ St Pancras International station and bus services.
Energy Performance Rating:
D

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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