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Property Listing Details

Retail premises for sale

Cut Of Breeze, London SW16

£22,500

Description

Business
Hilton Smythe welcomes to the market Cut Of Breeze Salon.

This has been a salon business at this location for approximately 45 years and we have been advised from the current owner that is was the first Toni and Guy salon prior to this.

The current owner has run the salon for the last 10 years and is now looking to sell to pursue new opportunities.

Cut of Breeze has 5 chairs, 2 hair washing stations, a beauty room and nail bar. Having been established for many years the business has a considerable number of regular customers many of whom have been using the business for years and are known on a first name basis by the owner and is a popular and well-respected member of the local community.

They boast excellent reviews on sites such as Facebook and

Scope to Improve;

Advertising and marketing campaign
•Maximise the use of social media
•Extend the opening hours, to include opening Wednesday and Sunday
•Approach local nightclubs and bars with a view to advertising and offering discounts
•Increase the range of beauty treatments offered
•Explore online discounters such as Groupon and Wowcher

Reasons to Buy;
•A well-established business with an enviable reputation and many existing customers
•Prime trading position
•Low running costs with inexpensive rent and no business rates
•Ideal owner managed business
•A real opportunity to increase turnover significantly, current owner been running at a pace to suit.

Hilton Smythe highly advise an early viewing, this lovely little business is likely to attract considerable interest.

Location
Cut of Breeze is a salon which is located along a parade of shops in Streatham, London.

Streatham is a district in South London, mostly in the London Borough of Lambeth but with some areas to the West stretching out into the neighbouring London Borough of Wandsworth.

Streatham has a population of approximately 60,000 with the majority being aged between 25-34.

Boasting excellent transport links with both road and public transport services such as; Streatham Hill Southern mainline (2 minutes walk away) and Streatham mainline with Southern and Thameslink services (5 minutes walk away), being just off the A23 means you can head North and be in the city of London within approximately 35 minutes drive via Brixton or head South on the A23 and be in Brighton within approximately 1 hour and 30 minutes.

Cut of Breeze is located along the busy Leigham Court Road, the business sits alongside other complimentary businesses and is well presented and maintained.

There is time limited free parking for up to four cars to the front, to the rear of the premises is an inexpensive public car park and there is further metered, on road car parking in the surrounding streets.

Premises
The business is purpose-built shop unit and is presented and maintained to a high standard.

Full height window and glazed door to front creating a light airy and inviting interior, bright and comfortable customer waiting area with seating to the right of the entrance.

5 Chairs with full height mirrors in front of each one to the left hand side of the salon with 2 hair washing stations to the rear of the salon. Opposite this is the beauty room with a massage table which is included in the sale of the salon.

Further to the rear of the salon through a door is the kitchen area and toilet, there is a back door which is used a a fire escape.

Beauty room warrants a rental of £200 per week.
Nail bar warrants a rental of £100 per week.

Equipment included in the sale;

5 x chairs, 5 x full height mirrors, 2 x hair washing stations, tumble dryer, washing machine, 250 towels, till system, sofa, air conditioning, fire extinguisher, selection of hair dyes, massage bed, nail bar and lamp, stool, fitted speakers and 2 overhead hair dryers.

Tenure
We are advised that Cut of Breeze is being sold as a leasehold business opportunity, we are further advised that the landlord would be happy to negotiate a new 10 year lease to include a 3 year breakout clause with the new owner.

The rent is an extremely reasonable £15,120 per annum.

We are advised that the business benefits from being exempt from business rates.

Hours
Monday 10am-6pm
Tuesday 10am-6pm
Wednesday - Closed
Thursday 10am-6pm
Friday 10am-8pm
Saturday 9am-6pm
Sunday - Closed

Staff
The business is managed by our client with the help of another full-time member of staff.

Financial Profile
Cut of Breeze generated an advised turnover of circa £26,000 as of the 2017 accounts with a gross profit of 95%.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • The Livity School 0.1 miles
  • Dunraven School 0.4 miles
  • Streatham Hill 0.1 miles
  • Streatham (Greater London) 0.9 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.