For Sale

Popular Salon in Excellent Condition

Consett, County Durham

£124,995 +SAV

Ref: 12494 A

Contact sales negotiator

Matthew Monks

01204556319

Email Matthew Monks

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Description

Hilton Smythe is delighted to introduce to the market Salon 19. Established back in 1974 our clients a successful partnership have continued to build upon the business since inception in 1988.

This freehold salon is very well known in the area with great support from the local community. According to the 2015 accounts, the business reports a good turnover of £41,129 for this financial year with a gross profit at circa 93%. The unisex salon offers a host of professional hair services to clients of all ages. In additional the business offers some beauty treatments such as facials, eyebrow shaping, waxing, tinting and nail techniques.

Salon 19 is immaculately presented with stylish décor with a good level of modern day equipment to suit the trade. The beauty rooms are on the first floor and we believe there is an opportunity for the new owner to expand the beauty side of the business to generate further income.

Our clients would also consider selling property and land separately.

Early viewing of this long established and reputable business is highly recommended, with the business genuinely coming to the market due to our clients other interests.


Tenure

Freehold

We are advised freehold.

Our clients would also consider selling property and land separately.



Hours

The business opens:-

Tuesday 9.00am – 5.00pm
Wednesday 9.00am – 4.00pm
Thursday 9.00am – 3.30pm
Friday 9.00am – 7.00pm
Saturday 8.30am – 2.00pm
Monday and Sunday closed



Staff

The business is run and managed by the two owners.


Financial Profile

According to the 2015 accounts, the business reports a good turnover of £37,159 for this financial year with a gross profit at circa 93%.

Location

The business is located in the picturesque village of Leadgate, nr Consett in County Durham.

Salon 19 is ideally located on the main thoroughfare through the village amongst other retail outlets and next door to the local newsagents ensuring good footfall and surrounded by many residential homes from which the business derives much trade.

The area is served by several A roads and conveniently there is a bus stop within short walking distance and on street parking in the vicinity.


Premises

Mid terrace freehold premise briefly comprising:-

Main entrance into open plan salon with 4 cutting stations. Comfy seating waiting area and 2 drying stations make up the front part of the salon.
Through to rear salon, with reception area and hair washing sinks.
To the rear is a toilet and access to rear land.

First
Stairs lead from the rear salon to the first floor beauty rooms. The main treatment room houses a massage/treatment bed with a waiting area to the side. Off the main room are 2 smaller treatment rooms and a separate store room with sink.

All fixtures and fittings are included in the sale and are comprised of but not limited to 4 cutting stations with mirrors and chairs, 2 dryers, treatment bed, manicure stations, waiting room soft furniture, 1 backwash and 3 front wash sinks, steriliser, wax machines, free standing heaters, coffee machine and microwave.

To the front, the premises are very well signed and presented, is double glazed and recently had a new roof installed. To the rear is a large plot of land, currently grassed with a green house and sheds.


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