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Key Facts

[Ref: DBS070142]

Location : Essex, UK
Leasehold | Asking Price: 19,500

Contact: Dedman Business Sales

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Business Description

Established by the current vendor in excess of five years ago the business is a ladies hair salon. Approximately 75% of the customer base regulars coming weekly or fortnightly, and the business also benefits from a large amount of walk ins due to the good trading location.


Situated in the town centre of an affluent area, the business is located in an shopping arcade positioned in between the High Street and one of the main car parks.


Wooden flooring, 2 back wash stations, 5 cutting stations, false ceiling with inset lighting, and counter.


Accounts show a turnover in excess of £38,000 for the year ending 1st April 2006 and we are informed that the turnover to 1st April 2007 was approximately £44,000 and with low overheads a basic operating net profit of approximately £18,500 should be achieved.


It is believed that extending the opening hours on a Friday would be beneficial.


We are informed that there is one year left on the lease however the landlord is prepared to issue a new five year lease. Current rent is £5,250 with a service charge of £550 per annum.


To be purchased separately at valuation: Approximately £1,000.

Trading Hours

Tuesday 9.00 AM to 1.00 PM, Wednesday 9.00 AM to 6.00 PM, Thursday 9.00 AM to 7.00 PM, Friday 9.00 AM to 3.00 PM, Saturday 9.00 AM to 4.00 PM.


2 part time stylists, trainee, Saturday assistant, and owner.

Reason For Sale

Due to family commitments.


Current rates payable of £1,102 per annum.

Conditions of these particulars are issued by Dedman for themselves and for the vendors and lessors of this property whose agents they are give notice that: These particulars do not constitute, nor consitutue any part of an offer or a contract. All statements contained within these particulars as to this property are made without responsibility on the part of Dedman, or the vendors or lessors. None of the statements contained within these particulars are to be relied upon representations of fact. Any intending purchasers or lesses must satisfy themselves by inspection or otherwise, as to the correctness of each of the statements contained in these particulars. The vendors do not make or give any person in this firms employment any authority to make or give any representations or warranty in relation to this property.


[PRFLID:9445] [CMPID:50] [FRMTeID:] [MiUITID:1] [MiID:25782] [PdUITID:1]


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