Winchester Avenue, Exwick

Price £25,000

Well established hair and beauty business

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Tenure: Freehold Floor Area: 60.00sq m Type: A1 - High Street


Description

DESCRIPTION
Having been trading for some 45 years this successful and well located hair and beauty business is for sale due to the owner retiring. With many long established clients and little local competition, the business is an ideal opportunity for an individual looking to build a successful hair and beauty business in Exeter with the additional benefit of a 2 bedroom self contained flat above.

Currently turning over approx. £ 58,000, the business also receives £ 7,200 in rent from the flat which is let on a short hold tenancy agreement. The current lease is some £ 12000 per year (plus VAT) which the buyer of the business would be invited to renew with the freeholder subject to mutually acceptable terms being agreed.

The business is for sale for £ 25,000 with goodwill, fixtures,fittings and stock and whilst it comes with an excellent portfolio of loyal clients their is ample scope to grow the business into the local hair and beauty market. Property has separate beauty area, 3 working chairs, 2 back basins, waiting area, staff / store room, w.c. facilities, private patio area and 2 bedroom apartment over with its own front door.

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