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Sea Front Apartments Development


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Summary
 
Asking Price :
GBP 750,000 Plus Stock at Valuation
 
Turn Over :
GBP 59,995
 
Adjusted Net Profit :
upon request
 
Value of Fixed Assets :
GBP 8,000
 
Stock Value :
GBP 1,000
 
Years Established :
18
 
Employees :
2 Owners & 5 FT .
 

Business Description
 

Summary :

Contemporary, unisex hairdresser, barbers, and (own door) spa/beauty salon lease tenant. Client's impending retirement. It currently enjoys a healthy turnover in the region of ?59,995 pa, with a gross profit of 65%.
 
Full Description :
 

Opportunities & Expansion :

The building is Freehold and has building authority clearance for redevelopment into ground floor commercial and approx 6 sea view apartments above. We feel that this opportunity would ideally suit an enthusiastic new owner/operator who, with energy and vision, could take the business to the next level. Early viewing is strongly recommended.
 

Location Description :

Well located on a corner in a busy retail area.
 

Competition Market :

A few other similar do exist in the area, but there is little direct competition.
 

Franchise :

No
 

Property Information
 
Site Location :
South Down
 
Living Accomodation :
 
Leasehold/Freehold :
Freehold
 
Years left on Lease :
 
New Lease Available :
Yes
 
Rent :
0
 
Rates :
0
 
Approx. Sq Foot :
 

Other Information
 
Trading Hours :
9am - 5pm Mon-Sat.
 
What's forsale :
 
Support & Training :
Owner will stay on to give training and introductions to existing clients. Owner will stay on to give training and introductions to existing clients.
 
Reason for Selling :
Owner retiring
 
Ecommerce Site :
No
 
HomeBased :
No
 
Relocatable :
No
 
Franchise :
No
 
Current Status :
Under offer
 
Listing Status :
VERIFIED
   

 
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