Ref 6265 – Leasehold Hair, Beauty & Nails Salon Blacks Brokers are pleased to bring to the market this leasehold hair, beauty & nails salon located in a busy and much sought-after area of Enfield, London. Introduction
Cameleon Hair & Beauty Salon was fully renovated and opened by our client in 2016, it has since been closed due to our clients relocation abroad. It was previously operating as a hairdressing academy. The business previously established a large base of over 200 regular customers and a strong social media following of over 700 with many excellent online reviews – this includes Treat Well, Facebook and Google. Location
Located on the Southbury Road (A110) in Enfield, the business is within easy walking distance of Southbury Rail Station and well linked with the A10 and M25. This area is very busy and is densely populated both commercially and residentially with other businesses, shops and large multiples nearby. Reason for sale
This salon is available for sale due to a change in our client’s family commitments overseas which presents a tremendous opportunity for a new owner-operator or team to take over a salon with such a high quality and recent refurbishment. Lease
The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The current lease is three years and began in 2016 at a cost of £276 per week. Building layout and design
This hair and beauty salon operated from this spacious, mid-terraced property within a busy parade of shops and other businesses. Our client completed a full refurbishment in 2016 before opening and therefore, the business is exceptionally presented. It has a stylish black and white frontage fitted with modern signage and branding. The salon has a welcoming reception area upon entry, modern décor, tiled flooring and high quality fixtures and fittings in place. There are five styling stations including a child car seat station and two backwashes. There is also a private tanning room and two private beauty treatment rooms – these are finished to a high standard and fitted with beauty beds, waxing equipment, nail bars and threading chair. The salon has a six-point CCTV system, security alarm and air conditioning fitted throughout. There is also a large basement with laundry area and boiler room and to the rear of the building is a small, enclosed garden with astro-turf lawn fitted. Staff
Previously the business operated with our client working on a full-time basis along with four self-employed members of staff including two nail technicians, and one beauty therapist. Financial details
The business previously generated an annual turnover of £40,000. The sub-let of space within the salon previously generated additional income of £560 per month from self-employed members of staff. Summary
This leasehold business is beautifully presented having been re-fitted in 2016 - this included new wiring, heating, lighting and air conditioning – it requires no additional investment from a new owner. A new owner that can bring an existing client base this would be beneficial. This proposition would potentially suit a hands-on owner-operator or partnership looking for an established business in this exceptional trading position. Early viewings are strongly advised. Business: £25,000.
The Pavilion, Eleanor Cross Road, Waltham Cross EN8
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