Leisure/hospitality for saleNewhall Street, Birmingham B3
Local area information
- Central Academy 0.2 miles
- Birmingham Snow Hill 0.2 miles
- Blackwater Academy 0.3 miles
- Birmingham New Street 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Birmingham to find out more about the area.
Features and description
- **business for sale**
- **city centre hair salon**
- **health and well being**
- **huge growth potential**
- **65% ROI**potential for 262% ROI**
This glass fronted commercial units sits below 180 apartments based in Birmingham City Centre. The premises benefits from 360 degree glass frontage offering a huge amount of natural light. The unit has been completely recently refurbished to a very high standard boasting custom glass walls, hair dressing stations, backwash hair lounger, pedicure booth, reception desk and manicure station. The unit also comprises custom leather seating and stylish decoration throughout. The unit comprises a fully fitted WC and kitchen area with storage facilities and additional storage space.
Based in Birmingham City Centre, the unit is based beneath an 180 unit luxury apartment building, neighbouring are 1000s of apartments buildings such as Millenium Apartments, Islington Gates Fleet Street and many more. Birmingham City Centre has seen a huge influx of new residents in line with expansion of the City Living Plan and this is reflected in the footflow and demand for personal care services. Pare Hair Club has received an amazing response from the local market.
The business is run by a strong management team with great plans for growth and the lease is sold with all updated epos till systems, supplies, equipment and materials constituting towards the goodwill of the business. Further information can be made available on request. The business has been valued conservatively offering a 65% ROI in respect to the purchase price. With the growth plans, an intending purchaser can very easily generate 262% ROI within the first year!
The property is available by way of a Fri Lease that can be granted on a long term basis. Interested parties must satisfy themselves in respect to information received. Further information will be made available upon request.
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