Hair Salon to Let

Torquay

£15,000 Leasehold + SAV
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This is an excellent opportunity to acquire an easily managed hair salon, offering the new owner a great deal of future potential. Currently operating on short opening hours and low staffing levels (owner’s choice) with profitability. With space for additional stylists (either in-house or on rent a chair basis) plus the availability of longer opening hours, new owners could benefit from increased turnover. The property has recently been smartly refurbished and has low rent and overheads. Early viewings are recommended...

LOCATION

The trading position for this salon is within a parade of shops which includes a convenience store. Access is good, it is on a main bus route and parking is free and unrestricted. Chelston, Torquay is a densely populated residential area with large schools close by and is within walking distance of the harbour and town centre.

 

BUSINESS

This is a long-established business and considerable investment and improvement have been undertaken to bring the premises up to the current standard. It is only offered for sale as the vendor wishes to relocate. It has a large client base of all ages for regular repeat trade, covering all aspects of hairdressing. There is scope for the owner to rent the other chairs to other stylists.

 

ACCOMMODATION

Single frontage with glazed customer entrance opening straight into:

 

SALON AREA

4.63m x 4.22m

Open plan layout with one backwash and four mirrored stylist positions.

Laminate flooring, window blinds and spot lighting.

Feature wall with product shelving

Curved reception desk with telephone point and ample space for storage of computer terminal, admin and general storage.

Also, in the salon area are the following:

2 Mobile overhead dryers.

1 Clima-Zone

Comfortable customer seating.

 

Archway leading through to:

 

LOBBY

Additional shelving

 

Stairs down to lower ground floor leading to:

 

KITCHEN/STORE

2.90m x 2.25m

Fitted with stainless steel sink unit and further storage shelves

New washing machine and separate dryer. Back door opening onto:

 

YARD

Giving access to the cloakroom fitted with a toilet and hand washbasin.

 

TRADING HOURS

Monday                      Closed

Tuesday to Friday    9.00 a.m. to 4:00 p.m.

Saturday                    9:00 a.m. to 1:00 p.m.

 

STAFF

An easily manageable business currently operated solely by the owner, with space for up to three additional stylists.

 

FIXTURES AND FITTINGS

Trade fixtures, fittings, equipment, land and buildings, with the exception of vendor’s private inventory, will be included in the leasehold sale.  Full inventory will be made prior to the exchange of contracts. Stock to be purchased at valuation on day of completion.

 

SERVICES

Mains electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.

 

BUSINESS RATES

Please make your enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

 

TENURE

Leasehold – A renewable lease with internal decorating only. Current passing rental of £7,842 per annum, and is subject to 3 yearly rent reviews

 

LEGAL FEES

Each party to bear their own legal cost however, ingoing tenant to pay Landlord’s reasonably incurred lease assignment / set up costs

 

VIEWINGS

All viewings and enquiries are to be made through the agents Ware Commercial.

TEL. 01803 328880 Email. info@warecommercial.com   www.warecommercial.com

 

Misrepresentation Act

Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.