Hurley Hall, Atherstone Lane, Hurley, Warwickshire

Leasehold Hair & Beauty Salon Located In Hurley, Atherstone
Steady Income From Existing Chair Rents
Fitted To A Very High Standard
Stunning Barn Premises
Ref 3272

Asking Price £49,950

Location
This high-end Hair & Beauty Salon is located in Hurley, Atherstone. A Touch of Sass is situated within The Long Barn, Hurley Hall, Atherstone Lane, Hurley, Atherstone (CV9 2HT) and is part of a characterful rural courtyard development. The former agricultural buildings at Hurley Hall have been converted into offices and commercial units around a landscaped gravel courtyard, providing an attractive countryside setting. The property offers excellent access to the A5, M42 (Junctions 9 & 10) and Atherstone is (4.5 miles).

Business Description
Veritas Business Sales are pleased to present this excellent opportunity to acquire a fully fitted and well-presented Hair & Beauty Salon, which is located in the village of Hurley, Atherstone. The business was established by our client in July 2023 and is reluctantly being offered for sale due to unforeseen ill health. On offer is an asset and lease sale, providing a clean and straightforward transaction for a new owner to take over a fully equipped salon without the complexities typically associated with a going concern.
Since ownership they have renovated, refurbished and installed new equipment together with high-quality fixtures and fittings, all of which are owned outright and included in the asking price, meaning no significant additional capital expenditure should be required. A Touch of Sass is owner-managed; however, due to health reasons, the owner is not currently working within the business. There are 9 technicians (4 x hairdressers, 4 x beauty therapists, 1 nail technician). The salon operates on a rent a chair basis which generates annual rental income of approximately (£57,600).
We believe there is significant scope to increase income as the salon has room for an additional 3 x cutting stations and an owner-operator would of course generate their own income in addition to the current rental income. This is a fantastic opportunity to purchase a turnkey salon where all the hard work has been done and would suit an existing operator looking for expansion through acquisition. Early viewing is highly recommended to secure this commercially sound gem.

Leasehold
New lease available
Rent £14,000 per annum plus vat
Rent paid quarterly in advance
Service charge: £320 per quarter plus vat
Business Rates: ZERO

Ground Floor
Door leading into reception with reception desk, customer seating area with table, sofa, chair, nail station, wall-mounted storage cabinet, sales and display unit, cloak hangers, air conditioning unit, dispensary with worktop, base units, shelving, and side exit door.
Beauty treatment room with electric beauty couch, wash basin with vanity unit, worktop with base units, wall mounted shelf, portable trolley, wall-mounted mirror, feature downlighter, towel holder.
Hair salon with 5 x mirrored cutting stations, wall-mounted cabinet, 2 x backwash, 2 x wall-mounted shelves, 3 x wall-mounted towel holders, 2 x customer seats, air conditioning unit which also blows hot air.
Laundry room with washing machine (Beko), tumble dryer (Beko), commercial water heater (Santon).
Hallway with worktop and base units for storage.
Toilet with WC, wash basin, wall-mounted mirror, display unit, wall mounted shelf.
Kitchen with worktop, undercounter fridge, Belfast sink , microwave (Russell Hobbs), kettle, wall-mounted units, base units, exit door, electrical fuse board, intruder alarm panel.