About this property
A great opportunity to purchase a very well trading hair salon business.
Situated in the popular town of Sandown to the top end of the High Street. Neighbouring and nearby businesses include Sainsburys Local and Boots.
Sandown is a town to the East of the Island and boasts some of the sandiest beaches. There is a promenade that stretches from the bottom of Culver Downs to Shanklin Old Village.
With some recent and current inward investment and developments Sandown is undergoing a regeneration of sorts and provides a lovely location for tourists and locals alike.
Offered for sale is a very well traded hairdressing business with a new lease at £8,500pa, terms to be negotiated.
The business has traded for many years and has a very well established client base.
The premises offers approximately 66 sqm (710 sq ft) of trading space which includes 8 cutting stations, 2 basins, store/stock room, staff room and WC. There is also rear access to a small courtyard.
The property has a very modern feel and has been kept in very good order throughout, offering display windows to the front, ceiling spot lights and vinyl flooring.
The business has a Facebook account but could expand further by creating further social media accounts such as Instagram and a website. Accounts can be shown to bona fide applicants once a viewing has been undertaken.
The property benefits from mains electric, water and drainage.
Our client is asking £35,000 FFGW + SAV for the business. The premises is available to rent at £8,500pa on a new lease, terms to be agreed.
The VOA shows a rateable value of £5,400. The rates payable would be circa £2,700, although at this level small business rates relief would apply, subject to VOA terms.
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.