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Retail premises for sale

£12,000

2 Boroughbridge Road, York YO26

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Property description

Business
Hilton Smythe welcomes to the market the long established Vida Hair and Beauty.

The leasehold business was established about 10 years ago and has been owned by our client for 2 years. Our client now reluctantly sells to concentrate on other interests.

The salon specialises in hairdressing for ladies, gentlemen and children. It also provides beauty treatment such as pedicures, manicures, nail services including acrylics, spray tans, waxing, eyebrow waxing and tinting. The salon also provides packages for special occasions.

The atmosphere is friendly and the decor/fittings are of a high standard.

Although the business is long established our client is not a stylist and only attends the salon occasionally. She is reliant on staff, this affects both turnover and profit. Indeed, the business is probably breaking even at the moment. Turnover would increase significantly with a hands-on stylist or beautician owning and running the business and profits would follow.

The business would also benefit from promotions, marketing and a website.

The price has been substantially reduced for an early sale. The business would be ideal for a keen and energetic stylist looking to acquire an established business for the first time and to expand its client base.

Location
The business is located in a prominent position at the end of a row of shops at a busy junction on Boroughbridge Road, around 1 mile from the historic centre of York.

The business is located at the end of an attractive parade of shops in a densely populated residential area.

Both passing traffic and footfall are high, with vehicles stopping at the traffic lights controlling the busy junction outside.

There is free pavement parking to the front and the business benefits from good clear signage.

Premises
The ground floor corner property was extensively refurbished by our client on purchase 2 years ago. Circa 46sqm.

The fittings and decor are excellent.
The salon has an attractive frontage with entrance leading to:
An open plan salon with 3 stations and 2 back washes
Waiting area with settee
Reception desk
Storage area
Toilet with facilities.

There is pavement parking for 2 vehicles to the front

The sale includes the reception desk, chairs, mirrors, 2 back washes, stock cupboard, shelving, settee, treatment bed, spray tan, microwave, kettle fridge and styling equipment.
Our client values the assets at £3000.

Tenure
We are advised that the property is of leasehold tenure.
The 10 year lease has 8 years remaining.
The rent is £607 pcm.

Hours
9.00am to 5.00pm Tuesday, Wednesday, Friday and Saturday

Closed Sunday and Monday

Opening hours could be extended.

Staff
The business is run by a stylist and a stylist/beautician with our client occasionally attending.

Financial Profile
We are advised that the turnover in the year to 31 March 17 was £35077 with gp around 84%.

Stock is currently valued at circa £1000.

What Zoopla users think of York

Overall rating:

  • currently 4.5 stars
Very good - 87% (293 ratings)

Ratings breakdown:

  • currently 4.5 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
  • 1
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  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • York (1.0 mile)
  • Poppleton (1.6 miles)
  • Hammerton (7.1 miles)
  • Leeds Bradford International Airport (23.1 miles)
  • Robin Hood Airport (34.1 miles)
  • Durham Tees Valley Airport (39.8 miles)
  • Hull Ferry Terminal (37.6 miles)
  • Transporter Bridge South Side (43.1 miles)
  • Transporter Bridge North Side (43.2 miles)

Nearby schools

View all schools in York
  • Poppleton Road Primary School (0.1 miles)
  • Carr Junior School (0.4 miles)
  • Carr Infant School (0.5 miles)
  • The Faculty of Queen Ethelburga's (8.5 miles)
  • Ampleforth College (16.5 miles)
  • New College Pontefract (20.5 miles)
  • St Peter's (incorporate St Olave's and Clifton School) (1.0 mile)
  • The Mount School (York) (1.1 miles)
  • Vale of York Academy (1.1 miles)
Note: Distances are straight line measurements

Local info for York

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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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