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Hairdresser / Barber Shop for sale

Oakridge Road, Basingstoke, Hampshire, RG21

£74,995
90 sq. m.

Property Description

Commercial information

  • Business for sale
  • 968 sq ft (90 sq m)

Key features

  • LEASEHOLD
  • REF 13737 J
  • HAIR/BEAUTY SALON

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe welcomes to the market Top Notch Hairdressing. This outstanding hair and beauty salon was originally established in 2000, and purchased by our client in June 2016 with the business genuinely coming to the market as our client wishes to move away.

Benefits of purchase: -

Recently refurbished throughout
7 hair stations
New pedicure massager chair costing 2000
Separate beauty room
Quality products such as Wet Hair, Colour Touch, Tigi and Joico
Beauty side of the business is growing and adding to the team in this area will add to current sales.
Women's and men's hair cutting available,
Beauty services including pedicure, waxing, eyebrow tinting, eyelash extensions facials
New homes being built in the area
Potential for growth by marketing and advertising


LOCATION
The business is ideally situated in the centre of a large residential estate, around 2 miles from the centre of Basingstoke, Hampshire.

The A339 which skirts the town provides an easy link to the M3 and national motorway beyond.

The business is opposite a busy convenience store with generous footfall and lots of free parking.

We are advised more new housing is planned in the area.

PREMISES
Bright and airy modern unit briefly comprising: -

Bespoke curved reception desk,
Customer seating area,
7 hair stations,
Triple back wash area with storage,
Pedicure station,

Beauty room with treatment bed, lighting, waxing equipment, sink and shelving.
Staff and customer toilet,
Staff kitchen and staff room,
Large storage cupboard with washing machine and dryer, boiler and staff storage.

There is a large rear patio which could be developed into a secluded retreat for both staff and customers.

TENURE
We are advised leasehold.
The original lease length is 6 years
As of 2017, 5 years remain on the lease.
Rent is 10.400 per annum

HOURS
The business opens: -
Monday 9.00am to 5.00pm
Tuedays 9.00am to 5.30pm
Wednesday 9.30am to 8.00pm
Thursday 9.30am to 8.00pm
Friday 9.00am to 7.00pm
Saturday 8.30am to 3.30pm
Sunday closed

STAFF
The business is owner managed with the assistance of 3 full time Stylists and 1 full time Beauty Therapist.

FINANCIAL PROFILE
We are advised the business generated an advised turnover of 82,000 as of the 2017 accounts; with a gross profit of 91%.



Map & Street View

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