Leasehold Hair Salon Located In Mawnan Smith, Near Falmouth

Leasehold Hair Salon Located In Mawnan Smith, Near Falmouth
Established Clientele And Very Busy Summer Trade
Ratings
Facebook 4.9 & Google 4.7
Ref 3077

Asking Price £49,950 plus SAV (£500)

Location
This respected Hair Salon is located in the village of Mawnan Smith, which is (3 miles) from the vibrant harbour town of Falmouth. The Town offers a variety of blue chip and niche independent retailers and has benefitted from significant investment in recent years in its commercial and residential infrastructure along with Falmouth University. The business is positioned in the heart of Mawnan Smith village that’s a stone's throw away from the Helford River and very close to Trebah and Glendurgan (National Trust ) gardens. Falmouth has recently been voted as one of the most desirable places to live in the UK.

Business Description
Veritas Business Sales are delighted to offer for sale this very popular hair salon which is located in the village of Mawnan Smith near Falmouth, Cornwall . The business was established over 40 years ago and has been in the careful hands of our clients for the past 8 years. They are now offering the business for sale so that they can concentrate on their family. Since ownership they have undertaken a complete refurbishment and invested in new equipment along with fixtures & fittings which are all paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Salon In The Square is owner operated with the help of 1 part time member of staff and has an annual turnover of circa £108,000. Salon In The Square provides a full range of services for women, men and children at competitive rates.
We believe that there is further potential to increase trade should you wish to do so by opening at the weekends. There are many requests for this especially during the very busy summer months from the many visiting tourists. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established salon with further potential which is a great base to build upon and as such early viewing is highly recommended.

Opening Times
Monday – Thursday – 08:30 – 15:00
Friday – Sunday – closed

Leasehold
Original Term: 10 years
Term Remaining: 5 years
Rent: £7,700 pa
Reviewed: 3 yearly
Business rates: zero

Ground Floor
Salon (7.5m x 4.3m) comprising: 5 x cutting stations with chairs and wall mounted mirrors, 3 x salon trolleys, 2-seater settee, 3 x coffee tables, 2 x hair washing stations with seats and wash basins, large wall mounted mirror, various built-in shelves, CCTV, and built in bespoke stock cupboards.
Kitchen & colour room (7.7m x 0.9m) with microwave, kettle, cutting stool, dryer, undercounter fridge and various shelves.
Toilet with w/c, wash basin and mirror.

EPC Rating C