Retail premises for sale

£40,000 (£100/sq. ft)

Marylebone, London NW1

400 sq. ft*
Interested in this property? Call +44 20 8033 7596 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • A1 Licence
  • Cheap Rent
  • No business rates

Property description

Location


The shop is located in Marylebone Village, within walking distance from Baker Street, Marylebone Station and Edgware Road. The business is within a vivid residential community and receive continuous referrals from the nearby offices, hotels (including the world-famous Landmark Hotel) and restaurants.


Description


We are pleased today to offer for sale this family-run hairdresser salon in Marylebone.
The business is ideally accommodated on the ground floor of this historical building in one of the most iconic areas of Marylebone.
The shop is a favourite of the local community and has a loyal clientele base, offering service to ladies and gentlemen.

The business is suitable for a change of use and can be converted into a different type of business, such as retail, sandwich bar, bookshop and much more.


Ground floor


The well-designed ground floor accommodates reception, 2 chairs, 2 washing bases, and storage. A staircase will lead to the toilet area, located at the back of the shop.
The size of the shop is also quite spacious and offers space for a nails treatment desk as well.


Fixture and fittings


We are advised that all trade fixtures & fittings are owned outright and will be included in the sale.


Opportunity


The unit is ideally located within a vivid community and can be the opportunity for experienced hairdressers to start their new business. Thanks also to the connection with major businesses (hotels, clinics, and back) in the area, lack of clientele will never be a problem.


Staff


The business will be sold without any staff.


Trading information

trading hours


Licensed trading hours

Monday to Sunday
Mon: Closed
Tues: 10:00 - 18:00
Weds: 10:00 - 18:00
Thurs: 10:00 - 18:00
Fri: 10:00 - 18:00
Sat: 09:00 - 16:00
Sun: Closed


Terms


Held on 10 years with 4 years remaining. The landlord has already approved the possibility to extend the lease for further 10 years.
£40,000 is sought for the benefit of the lease, fixtures, fittings stock, and equipment.
Rent: £11,000 per annum
Business Rates: The business is exempt from paying business rates.

What Zoopla users think of NW1

Overall rating:

  • currently 4.5 stars
Very good - 87% (185 ratings)

Ratings breakdown:

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

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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 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

  • Baker Street (0.1 miles)
  • Marylebone (0.4 miles)
  • Regent's Park (0.4 miles)
  • London City Airport (9.1 miles)
  • London Heathrow Airport (13.6 miles)
  • London Gatwick Airport (26.0 miles)
  • Savoy Pier (1.8 miles)
  • Embankment Pier (1.8 miles)
  • Festival Pier (2.0 miles)

Nearby schools

View all schools in Westminster
  • St Vincent's Catholic Primary School (0.3 miles)
  • St Mary's Bryanston Square CofE School (0.4 miles)
  • St Edward's Catholic Primary School (0.5 miles)
  • CATS College London (1.4 miles)
  • Fine Arts College (1.6 miles)
  • Lansdowne College (1.7 miles)
  • The St Marylebone CofE School (0.1 miles)
  • Francis Holland School (0.2 miles)
  • Wetherby Senior School (0.4 miles)
Note: Distances are straight line measurements

Local info for Westminster

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Marylebone Properties International, NW1 on +44 20 8033 7596 * (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 Marylebone Properties International, and do not constitute property particulars. Please contact Marylebone Properties International 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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