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Hairdresser / Barber Shop for sale

Streatham High Road, London, SW16

Guide Price* £99,950
136 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,463 sq ft (136 sq m)

Key features

  • REF: 14188 J
  • SPA
  • GYM

Full description

Tenure: Leasehold

Hilton Smythe are delighted to offer to the market Little Jannah Organic Hair & Beauty Spa (Little Jannah), established by our client in 2010.

The renowned business offers an extensive list of services for ladies only which includes professional make up, hair removal, cut, colour and styling, brows and lashes, spa packages, body treatments, beauty treatments including teeth whitening and a modern gym with IR sauna.

The business offers a no ammonia colouring service, 3 private treatment rooms and a hammam room. A frosted window allows full privacy for clients having their hair done wanting to be discreet.

Gift cards starting at 50 are available and particularly popular with client's husbands looking for special present ideas.

The reputation of the business is so good, clients as far as Birmingham make a special journey to the spa. The spa can be booked out for private group bookings of up to 6 and includes full use of the gym and infrared sauna.

Our client keeps a full record of the 1000+ clients which will be passed to any new buyer.

The gym operates on both a monthly membership scheme and pay as go option, over 30 members currently.

Our client is willing to offer a full handover, to allow for a smooth transaction period.

Little Jannah is located on the busy Streatham Road, Norbury in South London. Located 2 minutes from Streatham Common, the business is set centrally between Streatham main line station and Norbury train station.

The business is situated in a vibrant area with a mix of large residential areas, a busy retail high street and excellent main routes into central London via the A23 link road. The centre of London is only 6 miles to the north and Croydon town centre only 5 miles to the south.

The business is fortunate to have 5 private car parking spaces directly outside; as well as free parking in the residential streets behind.

Reception area -
Customer waiting area
Nail bar
3 hair stations with full length mirrors and shelving units
Central reception desk with pc, till and card machine
2 new hair salon areas with 2 private hair stations
Nail bar and hood dryer
2 back wash stations

Gym -
2 treadmills
2 cross trainers
1 rowing machine
2 bikes
Large multi gym with weight system
Loose weights

Spa area -
Infrared 4 person sauna
2 sink vanity area
2 private shower cubicles
Lockers area

Hamman treatment room -
Shower cubicle
Built in treatment table

Staff room/kitchen/storeroom and laundry room -
New boiler
Washing machine

Open plan treatment area -
Third nail manicure table
2 pedicure stations
Additional lockers
Private chill out space and bed

Treatment room 1 -
Electronic bed
Waxing machine

Treatment room 2 -
Electronic bed

Treatment room 3 -
Wider electronic bed

The business is being sold as a Leasehold opportunity.

Original 10 year lease.
3 years remaining as of 2017.
Rent: 22,500 per annum.

Rates 7,000 per annum.

Monday: 1pm - 8pm
Tuesday: 10am - 8pm
Wednesday: 9.30am - 8pm
Thursday: 9.30am - 8pm
Friday: 9.30am - 6.30pm
Saturday 10am - 6pm
Sunday: closed

The business is owner run with the help of 2 self-employed hair stylists and 4-7 Beauty therapists.

The salon also offers an apprenticeship scheme.

2017 accounts show a turnover of 106,000; gross profit 85%.

Map & Street View

Disclaimer - Property reference 14188J. The information displayed about this property comprises a property advertisement. 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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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hilton Smythe, Bolton on 0120 429 9002.

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