Very Well-Established and Spacious Hair & Beauty Salon in Warwickshire

Leamington Spa, Birmingham
REF: S07843

Asking Price:
£49,995
Annual Turnover:
£53,000
Annual Net Profit:
£15,600
Under Offer
REF: S07843

Overview

Tenure:
Leasehold
Established:
1981
  • Huge growth opportunity
  • Fabulous location
  • Low overheads

Intelligent is pleased to present a wonderful and very well-established hair and beauty salon in Warwickshire, with scope for extended opening hours and diversity.

Located in a pleasant recessed shopping area in the fabulous town of Leamington Spa, the business offers a great range of hair and beauty services. It is situated on a major bus route with excellent parking to the front and rear of the premises, providing total convenience for clients. The owners founded the business 40 years ago and have developed an excellent reputation.

The salon is based in spacious premises which could easily be adapted to split men’s and women’s styling on separate floors.

Overall, this is a fantastic opportunity for someone in the hair and beauty to take on the complete package of a thriving salon in an affluent area, generous premises, and a business with bundles of growth potential.

The salon is within walking distance and north of Leamington Spa's Parade on a bus route and with free parking bays to the front and rear. Cycle racks are provided in the pleasant recessed shopping area. The large 1st floor of the salon consists of various work stations, including 3 wash basins and 2 electric shower heads as reserve. To the right is a door which leads downstairs to the basement level with storage under the stairs. The spacious basement hosts 2 wash basins and 1 electric shower head as reserve, a beauty room at the rear which contains 1 bed, and a multi-purpose room with a small corner basin. A staff room holds a kitchenette, washing machine, and fridge, whilst the W/C is accessed through the water tank and storage area, and rear patio doors lead to the service yard and car park. There is night storage heating and timed immersions on a large water tank.

Premises are up and running, ready for the buyer to begin trading from day one. A transitional period is available.

This is an exquisite acquisition for a buyer who is already operating in the hair and beauty sector and is now looking to start their own business. With a well-established legacy and plenty of scope for future growth, this is the perfect platform from which to take a hairdresser or beautician’s career to the next level.

The buyer will be able to pursue several avenues for unlocking this business’s full potential. Hosting events, providing a wider variety of beauty treatments, and introducing product sales are all great methods of creating additional income streams. The new owner could also consider refurbishing the salon to further add to its appeal for customers. It is also important for the buyer to create a strong digital presence through the creation of an informative website and social media channels, to reach out to a wider audience. Advertising would further assist in raising awareness of the salon and its changes.

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  • Affluent town location
  • Shopping area location
  • Residential area
  • Free car parking nearby
  • Cyclist-friendly with bike racks available
  • No local competition
Rent
£6,600
Rates
£0
Lease Term
5
Lease Expiry
2022
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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