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Retail premises for sale

£15,000

57 Nottingham Street, Melton Mowbray LE13

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Property description

Business
Alex Hair Studio has been operated by the current owner for over seven years going from strength to strength and building up an enviable reputation for quality and service, as a unisex hair salon within the town and surrounding area. Due to family commitments the site is now available for a new operator to step in and take the business to the next level.

The salon runs as a unisex hair salon, offering a variety of services, this includes cut and finish, tints, highlights, full colour and more. The salon uses Wella and Fudge hair products.

The shop is in excellent condition and in possibly the most sought after location in Melton. This truly is a turn key opportunity and would suit both an established operator looking to expand further with additional premises, as well as being ideal for a new start up to extend the opening hours and take on a completely new site and to put their own spin on things.

The business has built up a lot of good will within the area and now requires a fresh approach to allow it to flourish and for the new operator to reap the benefits.

Location
Alex Hair Studio is situated on Nottingham Street in the middle of Melton Mowbray opposite the Kings Head pub.

The site is just off the main through road on the edge of the pedestrianised area of this popular market town, and the site further benefits from being in close proximity to the town centre with a very busy footfall passing by the premises every day.

There is ample pay and display parking around the site which is also easily accessible on foot and by public transport.
Premises
Ground floor unit on Nottingham Street in Melton, the current operator is leaving all the existing furniture and fixtures and fittings to enable the business to continue in its current format.
Tenure
We are advised the business is being sold as a Leasehold opportunity.

The current rent passing at £570 per month which also includes water rates.

The vendor is currently on a monthly rolling agreement.
Hours
The opening hours are currently:

Monday: 10am to 2pm

Tuesday: 9.30am to 4pm

Wednesday: 10am to 3pm

Thursday: 9.30am – late

Friday: 9am - late

Saturday: 9am to 3pm

Sunday: Closed
staff
The business is run and managed by the current vendor with help from 1 self employed staff member.
Financial profile
We are advised the business is currently turning over in the region of £30,000 per annum and has been operating on limited opening hours.

There are currently no business rates payable.

What Zoopla users think of Melton Mowbray

Overall rating:

  • currently 3.5 stars
Good - 74% (48 ratings)

Ratings breakdown:

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Parks & recreation
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Nearby transport

  • Melton Mowbray (0.4 miles)
  • Oakham (9.1 miles)
  • Syston (9.5 miles)
  • East Midlands Airport (18.9 miles)
  • Coventry Airport (37.0 miles)
  • Birmingham International Airport (42.1 miles)
  • West Lynn Ferry Landing (53.5 miles)
  • King's Lynn Ferry Landing (53.6 miles)
  • Hull Ferry Terminal (72.3 miles)

Nearby schools

View all schools in Melton
  • The Grove Primary School (0.3 miles)
  • Saint Francis Catholic Primary School (0.4 miles)
  • Brownlow Primary School (0.6 miles)
  • Brooksby Melton College (5.3 miles)
  • Harington School (8.8 miles)
  • Homefield College (9.5 miles)
  • Long Field Academy (0.6 miles)
  • Birch Wood (Melton Area Special School) (1.0 mile)
  • John Ferneley College (1.1 miles)
Note: Distances are straight line measurements

Local info for Melton

About the neighbours in LE13

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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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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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