Stunning 20 Year Established High-end Hair & Beauty-salon For Sale

Description

Stunning high-end hair and beauty salon with a 20-year trading history. A refurbishment costing £120,000 was completed at the end of 2023. The business generates a turnover of £6,000 per week, with subletting producing a net profit of £150,000 per annum. The sale is due to the genuine retirement of the freeholder. The premises comprise 7 cutting stations and 1 beauty treatment room. Located in a well-known, busy town in South East London within the Royal Borough of Greenwich. Asking price £169,995 leasehold. Reference: HB3069. Turnover £6,000 per week. Net profit £150,000 per annum. Rent £20,000 per annum. Business rates £3,874.40 per annum. Brand new 15-year lease. Total area approximately 1,000 sq. ft. Viewing arrangements are by prior appointment with PPS; enquiries are invited.