MAGNIFICENT BEAUTY SALON ESSEX VILLAGE BETWEEN BRENTWOOD & CHELMSFORD£59,000

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• Location: , Essex
• Accommodation: Without accommodation
• Sector: Hair & Beauty Salon
• Lease: Leasehold
• Status: For Sale
• Relocatable: No

Description Ref: HB375

HIGH STREET LOCATION AFFLUENT ESSEX VILLAGE

NEW LEASE AVAILABLE CURRENT RENT £7,500 P.A.

ATTRACTIVE OLD PREMISES EXPENSIVELY EQUIPPED

ESTABLISHED MANY YEARS TURNOVER £120,000 P.A.

GENUINE REASON FOR SALE ACCOUNTS AVAILABLE

LOCATION:
Paviour Property Services are favoured with instructions to offer for sale this extremely well established beauty salon which is situated in the main High Street of this affluent Essex village / town. The town itself is situated between Brentwood and Chelmsford. The business has been established for many years and only now becomes available because of genuine family reasons.

TENURE:
We understand that our clients lease has now expired and due to her intent to sell she is not renewing it. However we understand the landlord is prepared to grant a new lease immediately at a term to be negotiated. The current rent is some £7,500 per annum.


STAFF:
The business is currently operated by our vendor with the assistance of four part time staff who all work on a self employed basis.

TURNOVER:
We understand from our vendor client that the current turnover is between £110,000 and £120,000 per annum. We understand that before the current economic crisis the turnover was some £160,000 per annum.