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Retail premises for sale

£12,500

258 Stockport Rd, Stockport SK3

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Property description

Business
Hilton Smythe welcomes to the market Stylistic Hair Salon. The business was originally established by our client in 1994. This is a well-established business that benefits from a generous amount of repeat loyal clientele. The owner is now looking to sell the salon, due to the desire to take a well-deserved retirement.

The business runs as a lady’s hair salon on a main high street in Cheadle Heath. The salon offers a generous range of services for excellent prices. The business generated a turnover in the region of £18,200 as of the 2015 accounts, with a gross profit of 95%.

Although this is a healthy turnover we feel there is scope to increase this figure. The purchaser could introduce male hair services. Advertising the services available would also be a great way of introducing new clientele. A Facebook page would be a good way of marketing the business. Social media is a cost-effective way of advertising a business. A website with online booking system could further benefit the salon.

This is a fantastic opportunity for a first-time purchaser looking for a long-established business with excellent clientele. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
Stylistic Hair Salon is located in Cheadle Heath, Stockport, within Greater Manchester.

The salon is situated on Cheadle Heath High Street, approximately 1 mile from Stockport centre. This is a great location that benefits from a heavy amount of footfall and passing trade. This is an arterial road in the area that boasts ample parking and a variety of retail outlets.

Cheadle Heath is a suburb in Stockport with a population of circa 26,479 as of the 2011 census. This is a popular location with several landmarks. There is Bramall Hall a 14th century manor house and Bruntwood Park which has a range of facilities including an 18-hole golf course, football pitches, children’s play area and much more.

The business is south of Cheadle, north of Woodford, west of Bramhall and east of Heald Green. There are generous public transport links and major road connections close by. The M60 motorway is a short 2-minute drive away and there are several bus stops close by. The nearest train station is approximately 2.4 miles away.
Premises
Stylistic Hair Salon is situated on the first floor above a pharmacy. A door from the front of the property has stairs leading up to the salon. There is signage outside which is visible to passing trade.

Up the stairs is the open plan salon. There is a seating area at the top of the stairs and service counter for awaiting customers. Across the main wall are three stylist stations. These have mirrors, a chair and shelving. There are also five overhead dryers and a back wash.

Through to the rear there is a staff area, with kitchen. This comes with washing machine, wall and base units, sink and other facilities.
Tenure
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 2 years

Remaining lease length: Less than a year as of 2017.

Rent: £350 per month
hours
The business opening hours: -

Monday: Closed

Tuesday: 9am – 4pm

Wednesday: 9am – 4pm

Thursday: Closed

Friday: 9am – 4pm

Saturday: 9am – 4pm

Sunday: Closed
staff
The business is run and managed by our client.
Financial profile
The business generated a turnover in the region of £18,200 as of the 2015 accounts.

Gross profit 95%

What Zoopla users think of Stockport

Overall rating:

  • currently 4 stars
Very good - 78% (164 ratings)

Ratings breakdown:

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Nearby transport

  • East Didsbury (1.3 miles)
  • Stockport (1.4 miles)
  • Gatley (1.6 miles)
  • Manchester International Airport (4.6 miles)
  • Liverpool John Lennon Airport (27.4 miles)
  • Leeds Bradford International Airport (39.0 miles)
  • Liverpool Pier Head Ferry Terminal (33.1 miles)
  • Liverpool Isle of Man & Dublin Terminal (33.2 miles)
  • Liverpool Belfast Ferry Terminal Bootle (33.6 miles)

Nearby schools

View all schools in Stockport
  • Cheadle Heath Primary School (0.1 miles)
  • Meadowbank Primary School (0.6 miles)
  • Mersey Vale Primary School (0.7 miles)
  • Cheadle and Marple Sixth Form College (1.3 miles)
  • Stockport College (1.5 miles)
  • Aquinas College (2.1 miles)
  • Stockport Academy (0.5 miles)
  • Focus School - Stockport Campus (0.9 miles)
  • Parrs Wood High School (1.1 miles)
Note: Distances are straight line measurements

Local info for Stockport

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on 01204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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