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.
This hair and beauty salon has been trading on Southbury Road since 2016 when our client fully renovated and opened this exceptional business. It was previously operating as a hairdressing academy. The business has already 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.
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.
This very busy 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.
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.
This hair and beauty salon operates from a 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.
The business is currently operating 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.
Full financial details available upon viewing. The sub-let of space within the salon brings £560 per month from self-employed members of staff.
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. There is plenty of scope to develop the business with the introduction of additional beauty services, product sales and a strong marketing drive. A new owner that can bring an existing client base this would also 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. Property: £29,995.
Please quote ref: 6265