£19,950

Leisure/hospitality for sale

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Retirement

£19,950

Leisure/hospitality for sale

Church Street, Launceston PL15

Local area information

Property location

Nearby amenities

  • Windmill Hill Academy 0.2 miles
  • Launceston College 0.5 miles
  • Torpoint Ferry Terminal 19.5 miles
  • Devonport Ferry Terminal 19.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Launceston to find out more about the area.

Features and description

  • Leasehold
  • Hair & Beauty Salon
  • Further Potential
  • New Lease To Be Granted
  • Town Centre Location
Leasehold Hair & Beauty Salon Located In Launceston
Prominent Town Centre Position
Ref 2480

Location
This respected Hair & Beauty Salon is situated in the former market town of Launceston which lies on the Cornish side of the border with Devon. Its location conveniently sits between the city of Plymouth (approx 25 miles), the North Cornish coastal town of Bude (approx. 20 miles) and within 15-20 miles of both Bodmin Moor and Dartmoor. Launceston sits alongside the A30 dual carriageway - the main link for Cornwall and Devon. Travelling East on the A30 leads to Devon, the city of Exeter (42 miles reached within approx. 1 hour) providing intercity rail links, airport and the M5 motorway. To the west is Cornwall with Truro being Cornwall's only Cathedral town (approx. 45 miles).

Leasehold Asking Price: £19,950 (Plus sav)

Business Description
Veritas Business Sales are delighted to offer for sale this very popular and well positioned Hair & Beauty Salon which is located Launceston. The business was established by our client 18 years ago and is now being offered for sale so that our client can enjoy a well-deserved retirement.
Since ownership they have undertaken total refurbishment and continually invested in new equipment, along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is currently owner operated and requires the help of 5 full time and 1 part time members of staff and posted an annual turnover for year ending 31st October 2023 of £136,406 with a gp of £122,085.50 (89%). Hush Hair & Beauty Hair Salon provides a full range of services for women, men and children at very reasonable rates.
We believe that there is further potential to increase trade by increasing the opening hours in the week and opening on Sundays. The sale will include the company web-site and social media platforms which give the business great visibility online. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity for any young stylist looking to have their own salon which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Tuesday - Friday - 09:00 - 17:00
Saturday - 08:30 - 13:30
Sunday & Monday - closed

Leasehold
New lease available
Term : Negotiable
Rent: £13,200 pa (Currently 2 beauty rooms rented out at £5,200 pa)
Rates: Zero

Ground Floor
Salon (10.7m x 6.1m) comprising: 10 cutting stations with chairs (rem), 3 wash basins, fresh water drink dispenser, 10 wall mounted mirrors, wall mounted clock, various product display units, wall mounted dryer (Climazone), 10 hair dryers (Parlux), 10 Straighteners (ghd), 10 curling wands & tongues, 2 hood hair dryers (Avante 2), product draws and styling stools. Reception area (22.7m x6.2m) comprising: Reception desk, chair, 2 computers keyboards and monitors, music system, chest of draws and coat rail. Storeroom.
Disabled toilet (2.8m x 1.4m) with W/C, hand-rails and wash basin.
Staffroom (3.6m x 2.3m) with washing machine (Bosch), microwave (Belling), breakfast bar, 4 chairs, water boiler and sink with drainer.
Toilet with w/c and wash basin

EPC Rating C

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Veritas Business Sales Ltd. 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 Veritas Business Sales Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Cornwall
  4. Launceston
  5. Church Street

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