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Hairdresser / Barber Shop for sale

Neil James HairdressingWhieldon Road,Stoke-On-Trent,ST4

73 sq. m. | £64,950

Property Description

Commercial information

  • Business for sale
  • 785 sq ft (73 sq m)

Key features

  • REF: 2827
  • FREEHOLD
  • HAIR SALON

Full description

Tenure: Freehold

LOCATION
Neil James Hairdressing occupies substantial two-storey premises, ideally located within the city of Stoke-on-Trent, Staffordshire. The business is surrounded by densely populated residential areas, from which the business derives much of its trade. Being located on the busy Whieldon Road, the hair salon benefits from a high volume of footfall and passing trade. The business further benefits from free on-street parking facilities to the front of the premises.

Stoke-on-Trent is situated approximately halfway between Manchester and Birmingham and adjoins the town and borough of Newcastle-under-Lyme. To the east of the city is the Peak District, which includes parts of the Staffordshire Moorlands District, as well as parts of Derbyshire, Greater Manchester and West & South Yorkshire. According to the 2001 census, the city had a residential population 240,636.

The area of the business is well-served by the public transport system, with a bus stop directly outside the property. Stoke-on-Trent railway station is approximately 1 miles away. The area is also well-served by the A-roads, with both the A52 and A500 being within easy driving distance, which link to the national A-road and motorway networks. Crewe is approximately 16 miles away and Stafford is 17 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular hair salon in Stoke-on-Trent, Staffordshire.

The business was established by our client in 1976 and is only now, reluctantly, being offered to the market due to our client's unfortunate health problems and desire for a well-deserved retirement. The business operates 4 days per week on limited hours and generates a turnover in the region of 10,000 per annum, with a good gross profit.

Our client offers a variety of hairdressings, cuts, blow dry's and styling. The business has built up an excellent reputation within the area for the high quality of the service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

The property offers a salon area to the ground floor with three styling stations and two backwashes. To the first floor there are three rooms that could be converted into living accommodation, although they will need to be renovated and modernised.

We feel the turnover could be increased by extending the opening hours as the business is currently run at a pace to suit our client. A new owner could also embark on a modest marketing campaign to promote the business and service offered. There is also scope to rent out some of the styling stations to generate further income.

This is an excellent opportunity for a new owner to take this hair salon to the next level; therefore early viewing must come highly recommended to avoid disappointment.

PREMISES
Large Victorian, mid-terraced property in a prime location, briefly comprising:

Ground floor with:

Windows to front to create a light and airy feel.
Tiled flooring.
Dado rail.
Customer waiting area.
3 x styling stations.
2 x backwashes.
3 x chairs with hair dryers.
Wall mounted towel storage.

Kitchen with:

Stainless steel sink unit with drainer and cupboard beneath.
Wall mounted cupboards.

First floor with:

2 x bedrooms, in need of renovation.
Bathroom with bath, WC, wash hand basin and airing cupboard.

External with:

Small secure garden.
Free on-street parking.

TENURE
We are advised Freehold.

HOURS
The business currently operates on limited hours:

Monday - Closed
Tuesday - 9.00am - 12.00pm
Wednesday - Closed
Thursday: 9.00am - 12.00pm
Friday: 9.00am - 12.00pm and 2.00pm - 4.00pm
Saturday: 9.00am - 1.00pm
Sunday: Closed

STAFF
The business is owner run and managed.

FINANCIAL PROFILE
The business generates a turnover in the region of 10,000 per annum, with a good gross profit.


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Disclaimer - Property reference 2827. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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