No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Property

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Property
0 bed
0 bath
1,160 sq ft / 108 sq m

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
Tutis Estates presents the fabulous opportunity to acquire this long-established hair and beauty business for sale.

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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    *DISCLAIMER

    Property reference 32743586. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Tutis Estates - Coventry.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.