Armour Road, Reading, Berkshire, RG31

SIZE AVAILABLE

950 sq ft

88 sq m

SECTOR

Hairdressers or barber shop for sale

USE CLASSUse class orders: Class E

E

1

Key features

• Established Business - Operating successfully since 2014 with a loyal client base of around 1,800 records on the Phorest salon system.
• Prime Location - Situated in a busy Reading-area village, close to a superstore with excellent footfall, passing traffic, and ample nearby parking.
• Spacious, Modern Premises - Two levels totaling approx. 950 sq. ft. (88m²), well-presented and fully fitted throughout.
• Well-Equipped Salon - 9 styling stations, 3 backwash basins, multiple dryers, nail room, and 2 beautifully equipped beauty rooms.
• Attractive Lease Terms - 10-year lease expiring Nov 2027 (c. 2 years 3 months remaining), rent at £18,500 p.a., no VAT, no service charges.
• Affordable Business Rates - Rateable value of £10,000 with full Small Business Rate Relief (subject to eligibility).
• Strong Turnover - Current takings average £3,500 weekly, with 2023 projected turnover of £170,000.
• Growth Potential - Scope to expand by opening 6 days (currently 4.5), employing additional stylists/beauticians, and introducing new services (extensions, etc.).
• Supportive Handover - Vendor willing to provide a handover period to ensure a smooth transition.
• Staffed & Ready to Operate - Team of 2 stylists + 1 beautician in place, plus working owner; business is fully turnkey from day one.

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