A1 Beauty Salon (single unit)
Size: 99(sq m)
ADVISED AVERAGE GROSS WEEKLY TURNOVER £2,000 GP 60%
BUSINESS NAME TRADEMARKED FOR FRANCHISE
ESTABLISHED FOR OVER 10 YEARS
EQUIPPED TO A HIGH STANDARD
PROMINENT HIGH STREET LOCATION WITH HIGH FOOTFALL
DOUBLE FRONTED UNIT
LOCATION
The salon occupies a prominent main road position on the High Road (A118) in Goodmayes, Ilford close to the junction with Goodmayes Lane. The Goodmayes Overground station is also in close proximity to the unit. Some multiples in the area include Self Storage, Aldi, Home Base and BP Fuel station.
DESCRIPTION
The premises is a double fronted lock up unit arranged over the ground floor. There is a large reception area with a tanning room at the front as well as 2 beauty treatment rooms and 1 spray tan room. At the rear of the unit is a kitchenette and WC as well as rear access.
THE BUSINESS
The salon is well proportioned with a modern design and fitted out to high standards. The salon offers manicures, pedicures, microdermabrasion treatments, massages and UV and spray tanning. There is good potential to increase sales and profits by offering other beauty and hairdressing services. Our client is now reluctantly offering the salon for sale to enable her to pursue an alternative unrelated business venture.
TRADING INFO
The salon has seen over 10 years of steady growth and it has a solid and stable average gross turnover of £2,000 per week, generating a gross profit of circa 60%
FIXTURES AND FITTINGS
Advanced sunbed
St. Tropez machine and booth
Microdermabrasion Crystal machine
Counter 3 steamers
Cash till Leather suite
STAFF
The business is operated by the owner and 4 part time members of staff.
TRADING HOURS
The business currently trades
Mon Thurs 10am -7pm
Sat 9am 6pm
Sun 11am -3pm (by appointment)
LEGAL COSTS
The incoming tenant is to pay for the landlords legal costs relevant to the assignment of their lease.
TERMS & TENURE
The premises are held on a FRI lease for a term of 10 years commencing 2010 subject to 5 yearly rent reviews. The annual rent passing is £17,000.
BUSINESS RATES
We have been advised by our client that the business rates payable for 2010/2011 is £6,000. This is to be confirmed with the council.
INTERNAL AREAS
The property offers the following approximate
dimensions:
Shop:
Zone A 51.0 sq. m. (549 sq. ft.)
Zone B 45.2 sq. m. (486 sq. ft.)
Ancillary Areas 2.7 sq.m ( 29.05 sq. ft)
Total NIA 98.9 sq. m. (1,064 sq. ft.)
VIEWING ARRANGEMENTS
All viewing arrangements are to be made via Belleveue Mortlakes. Please contact Cherelyn Elbourne on 0208 3709247 to arrange.
