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Retail premises for sale

£16,000

157 Lord Street, Southport PR8

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and popular hair salon in Southport, Merseyside. The business was established by our clients in 1979 and is only now being offered to the market due to our clients desire for a well-deserved retirement. The business operates 5 days per week as a unisex salon and generates a turnover in the region of £78,000 per annum, with a gross profit of approximately 80%.

Our clients offer a range of salon treatments including styling, colouring and tinting. The business has built up an enviable reputation within the area for the high quality of the services offered, which has resulted in a very loyal client base, with a vast amount of repeat trade and word of mouth referrals. The premises are well-equipped to suit the trade with 14 workstations and 5 back washes and have been finished to a high standard throughout.

We feel the turnover could be increased by extending the opening hours of the business, perhaps by opening the business on Monday, The business would also benefit from a modest marketing campaign to highlight the business and the services offered. A new owner could also launch a website to promote the business. We are advised there is potential to rent out areas of the property to the beauty trade and expand the business. This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended.

Location
Heads & Co Hair Design occupies first floor, mid-parade premises, ideally located on the very busy Lord Street in Southport, Merseyside. Lord Street is one of Southport’s most celebrated sights and is a Victorian boulevard edged in scenic gardens. Lord Street has been a favourite shopping destination for over a century. The hair salon is surrounded by a wealth of complimentary shops and businesses and benefits from a vast amount of footfall and passing trade.

Southport is a large seaside town in the Metropolitan Borough of Sefton in Merseyside. According to the 2001 census, Southport was recorded to have a residential population of 90,336, making it the eleventh most populous settlement in North West England. The town lies on the Irish Sea coast and is fringed to the north by the Ribble Estuary.

The area of the business is well served by the public transport system with several bus stops within easy walking distance of the property. Southport Railway Station is approximately a 10 minute walk away. The area is also well-served by the a-roads, with business located on the A565 (Lord Street), which links to the vast a-road and motorway networks. Southport is situated 16½ miles to the north of Liverpool and approximately 15 miles southwest of the City of Preston.
Premises
First floor, mid-parade premises, briefly comprising:

Stairs leading from main door to main salon.

Reception area with customer seating.

14 x workstation with mirrors and hydraulic chairs.

5 x back washes.

2 x climazones for colour processing.

5 x overhead dryers.

Ladies and gents WCs.

Kitchen.

Staff room.

All equipment is included in the sale.

The business is fully alarmed.
Tenure
We are advised Leasehold:

A new lease is to be negotiated.
Hours
The business is open:

Sunday – Monday: Closed

Tuesday – Saturday: 9.00am – 5.30pm
staff
The business is owner run and managed with 7 x staff members.

Financial profile
The business generates a turnover in the region of £78,000 per annum, with a gross profit of approximately 80%.

What Zoopla users think of Southport

Overall rating:

  • currently 4 stars
Very good - 80% (93 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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Community & safety
  • currently stars
  • 1
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
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  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 4
  • 5

Nearby transport

  • Southport (0.2 miles)
  • Birkdale (1.0 mile)
  • Meols Cop (1.4 miles)
  • Blackpool International Airport (8.7 miles)
  • Liverpool John Lennon Airport (22.6 miles)
  • Manchester International Airport (36.4 miles)
  • Liverpool Belfast Ferry Terminal Bootle (14.1 miles)
  • Seacombe Ferry Terminal (16.4 miles)
  • Liverpool Isle of Man & Dublin Terminal (16.7 miles)

Nearby schools

View all schools in Sefton
  • Holy Trinity Church of England Primary School (0.5 miles)
  • Linaker Primary School (0.7 miles)
  • St Philip's Church of England Primary School (0.7 miles)
  • Southport College (0.5 miles)
  • Arden College (0.5 miles)
  • King George V College (1.4 miles)
  • Christ The King Catholic High School and Sixth Form Centre (1.4 miles)
  • Meols Cop High School (1.5 miles)
  • Greenbank High School (1.9 miles)
Note: Distances are straight line measurements

Local info for Sefton

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

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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