Buy a business

Well-established Hair Salon

St Austell, Cornwall

Advert ref: 1821JMH

A long-established hair salon which offers huge potential to any new owner due to our client currently only working just two full days and two part days per week.

The business is being operated to suit the lifestyle of our client (who is well past retirement age) and therefore presents numerous opportunities to significantly increase the sales turnover with simple measures such as extending the opening hours, increasing the number of stylists and offering nail treatments.

This salon has occupied its current location for over 25 years (the current owner owns the freehold on the property) and has been in the stewardship of the owner from day one.

It is well supported locally and also has loyal clients from outside of the area.

This is a genuine and rare opportunity to take over this well-established and popular business as the owner is now more than ready to retire.

We strongly urge and seriously interested party to viewing this business at their very earliest opportunity.

Key features:

  • Established for over 25 years.
  • Numerous opportunities to grow revenue, not least by just extending the current limited opening hours.
  • Wonderful Cornish location.
  • New lease available as the landlord is also the current business owner.
  • Genuine retirement sale.

Property Details: Leasehold
Asking Price: £14,995 + SAV (Leasehold)

Situated on the outskirts of the main Cornish town of St Austell and serves both the local community and loyal clients from farther afield.

Premises Details:

The salon occupies approximately 210 sq ft with reception and waiting area, 4 work stations and two back-wash stations.

To the rear is a small storage area, kitchenette and toilets.

Size in Sq Ft: 208
Lease Terms:
Leasehold – our clients are the freeholder of the property and therefore will look to offer a new lease, with terms to be agreed and subject to status.

Reason For Selling:
This is a genuine sale as our client is now looking to take a well deserved retirement

Support & training:
Our client is more than prepared to provide an extended handover, thereby ensuring a smooth transition of ownership and continuity of trading, should it be required.

We understand that the Adopted Rateable Value is £3,800. However, the net rate payable is ZERO after allowance is made for Small Business Rate Relief.

Prospective purchasers are requested to make their own enquiries to verify the rating and council tax liability for the property.

Each party will be responsible for their own costs associated with the transaction and will be subject to Business Partnership terms and conditions.

Fixtures and fittings:
The business is very well equipped and fitted out to carry out its day-to-day trade with a full inventory of equipment to be supplied to seriously interested parties at the appropriate time.

Well-established Hair Salon St Austell, Cornwall
Well-established Hair Salon St Austell, Cornwall Click image to expand (1 image)

Financial Details

  • Leasehold: £14,995 + SAV
  • Turnover: undisclosed
  • Net profit: undisclosed
  • Fixtures value: undisclosed
  • Stock value: undisclosed