Features and description

Leasehold Hair & Beauty Salon
Award Winning
Rear Parking
Prominent Main Road Location

Established Award Winning Hair & Beauty Salon For Sale In Solihull
Ref 2777

Location
This exceptional Hair & Beauty Salon is located in Shirley, Solihull.

Asking Price: £34,950 plus SAV (£3,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Hair & Beauty Salon which is located in Shirley, Solihull. The business has been established for over 50 years and has been in the careful hand of my clients for the last 21 years and is reluctantly being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have rewired, refurbished and continually invested in new equipment along with fixtures & 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. The business is overseen by the owner and requires the help of 4 part time members of staff . For year ending 30th November 2023 they pasted an annual turnover of £85,840 with a GP of £78,289 (91.2%). The ground floor hair salon offers cutting, styling, perms, colours and is a Gold Award winning salon for Great Lengths Hair Extensions. The first floor offers beauty & holistic treatments to include, nail treatments and manicures. We believe that there is further potential to increase trade and would benefit from new owner operators . The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
More detail on application

Leasehold
Lease term: 5 years
Remaining: 2 ½ years
Rent: £12,750
Rates: Zero

Ground Floor
Hair salon comprising: sales counter, retails sales and display shelves, 8 x mirrored cutting stations, 2 x backwash, wall mounted dryer, portable dryer, and towel storage racks.
Hallway with cloak area.
Kitchen/staff room/stockroom with dispensary area, sink drainer, wall & base units, tea and coffee area, washing machine (Electra), tumble dryer (Hotpoint), fridge (Bush), seating area, towel storage unit and rear exit door.
First floor
Beauty treatment room.
Beauty treatment room.
Treatment room.
W/C with wash basin, vanity unit and wall unit.

The three treatment rooms on the first floor are sub-let for £500 PCM.
The property benefits from gas fired central heating.

External
Rear yard. Side and rear parking for (6).

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About this agent

Veritas Business Sales - Solihull

Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

0121 721 6440

Full profile Property listings

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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No longer on the market

Hairdresser and barber shop

Features and description

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