The Square 6-7 Cedar Square, Town Centre, Blackpool, Lancashire, FY1 1BP

Property description

Modern Town Centre Hair and Beauty Salon in a convenient location on Cedar Square opposite St Johns Church The hairdressing business has been established since 1990 with the recently introduced beauty section Spacious open plan modern salon approximately 70 sq m plus first floor nail bar, 2 treatment rooms, shower and wc approximately 40 sq m Busy business averaging £2,700 a week on the hair salon with potential to increase with the recently established beauty salon The vendor will consider a sale inclusive of the existing staff and client bank or just the lease and equipment BUSINESS The business is fully equipped including modern black and chrome chairs, black framed mirrors with individual spot lighting, 2 back wash basins, 9 dressing out stations, etc. A full inventory will be prepared prior to exchange of contracts. The vendor confirms the takings are averaging £2,700/£3000 a week without any income from the beauty section. The turnover for year end 13th July 2007 £111,428. Staff: Owner & 4 stylist (1 employed, 3 self employed on 45/55% split in owners favour). TENURE Leasehold. The existing 7 year lease has expired with the vendor holding over on this lease. The landlord has indicated a new lease will be available at a rent of £18,000 per annum. Full Repairing and Insuring term, 3 year reviews.