This property is no longer on the market
Property
Property description & features
- Business For Sale
- Hair & Beauty Salon
- Brand New Lease
- Located in Holbrooks
- Established Client Base of 14,000 active contacts
- Connections to Nearby Transport Links
- Nails
- Tanning studio
Located in this property are 2 lie-down sunbeds, 2 hairdresser spaces, a stand-up sun bed, a beauty room, 3 nail tables (with room for 5 nail tables), and a spray tan room.
With a client base of approximately 14,000 people, you are sure to reap the benefits of this successful business that has been operating for the last 13 years. In addition to this, the salon opens 4 days a week, Wednesday to Saturday, from 9 am to 7 pm (9am - 4 pm on Sat). The new owner has an excellent potential for business growth by increasing operations to 7 days of the week, thus providing the opportunity to increase turnover for the business. With 143 Google reviews at 4.9 stars, this is an excellent foundation for a new operator to takeover.
Based in Holbrooks, this property has transport links to the A444 making for convenient access, and is near to popular locale, such as Coventry Building Society Arena, where increased visibility and foot traffic is sure to be advantageous.
There is a £15,000 premium to take over the business. A price for fixtures and fittings can be negotiated at a later date.
EPC.
Energy rating E.
Financial Profile.
We are advised the business generated an advised turnover of circa £70,000 from November 2022 - November 2023.
Size.
Internal area of approximately 1160 sqft.
Tenure
The business is being sold on a Leasehold basis with a brand-new lease with the rent of £1000 per month.
If you are looking to lease the premises only, and do not wish to buy the business, this is also an option. The shop plus 1 bedroom living accommodation to the first floor is £18,000 per annum (£1500 per month). Retail lock up shop only is £12,000 per annum (£1,000 per month).
Property information from this agent
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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