Lower Market Street, Penryn, TR10 8BG

This is a wonderful opportunity to acquire an established unisex salon in a prominent town centre location, the business is being offered for sale as a going concern with the benefit of a new 6 year lease. 

Location

The salon is located in the centre of the historic town of Penryn, close to a number of shoppers car parks. Penryn has seen significant investment in recent years with a number of sizable housing developments and is home to a Campus for The University of Exeter which further boosts the customer base for a business of this nature.

Overview 

The business has been owned and operated by our client for several years with the assistance of 1 full time and 1 part time member staff, currently trading Tuesday -  Friday 9am - 6pm & 9am - 5pm on Saturdays.  The accounts for the year ending 31st March show a turnover of £59,441 and there is tremendous scope in our opinion to grow the business further, through extending the trading days and possibly via the introduction of beauty treatments or renting out the treatment room to another practitioner.   

Premises

The main salon area has 7 cutting stations, 1 backwash unit and 1 front wash unit. In addition there is a treatment/staff room, store room & kitchenette/toilet.

Tenure - Leasehold 

The premises are being offered for sale with the benefit of a new 6 year lease at a commencing rental of £5,700 per annum, payable monthly in advance.

Business Rates

We refer you to the government website

Stock

To be taken at valuation upon completion.

EPC - 46B

Inventory

An Inventory of all loose chattels and equipment, free of any lease/lien, to be included within the sale will be supplied prior to exchange of Contracts.

General Information

Electric supply - Mains

Water Supply - Mains

Drainage - Mains

Heating - Electric

The property is grade II listed  

The information provided in this listing, including details relating to material facts, is given in good faith and to the best of our knowledge based on information supplied by the seller or the sources stated. However, buyers must not rely solely on these details and are required to make their own independent enquiries before entering into any agreement to purchase.

We recommend that all information—particularly relating to boundaries, tenure, planning status, building regulations, covenants, construction, and other legal matters—is verified by the buyer’s solicitor at the earliest opportunity.

Please note that we do not act as Chartered Surveyors. Any references to the construction, condition, or structure of the property are general observations or assumptions and should not be treated as professional assessments. Buyers are strongly encouraged to instruct a qualified surveyor to carry out a full inspection if these details are important to them. Furthermore, as estate agents, we do not verify planning permissions, building regulation approvals, or any title-related matters such as covenants or easements. Buyers must rely on their own solicitor or legal representative to investigate and confirm these details as part of the conveyancing process.

All measurements are approximate and provided for guidance purposes only. Any fixtures, fittings, or appliances mentioned in these particulars are not necessarily included in the sale unless specifically stated. 

ANTI-MONEY LAUNDERING REGULATIONS – Purchasers
In accordance with legal requirements, we must obtain verified identification from all buyers before a sale can proceed. We kindly ask for your cooperation to help avoid any unnecessary delays. Full details of the verification process will be provided once your offer has been accepted.

PROOF OF FINANCE – Purchasers
Before a sale can be agreed, we will require proof of your financial ability to proceed with the purchase. Your cooperation is appreciated to ensure the process runs smoothly. We will advise you of the specific documentation required prior to finalising the sale.