Offers in region of
£100,000
(£187.27/sq. ft)
Retail premises for saleHeaton Moor Road, Heaton Moor, Stockport SK4
534 sq. ft
Business
Leasehold
About this property
Average Annual T/O £330k
New 6 year lease available @ £24,000pa
Established and loyal client base to be passed over
True turn-key opportunity
Financial details available on request
Busy hair salon with significant scope to further increase sales
Description
The property is located along a retail parade along one of the principle roads within Heaton Moor. It is a well known and popular hair salon and offers
the intended purchaser the chance to take on a true turn-key opportunity and scope to further increase turnover.
Location
The property is situated in a prime position in the popular and affluent area of Heaton Moor on the outskirts of Stockport.
Heaton Moor has gone from strength to strength over the past decade and is now a preferred destination for young professionals and families alike. The surrounding area boasts a range of retail and restaurant premise which caters for every need.
Reason For Sale
The owner of the business has decided with a heavy heart that it is time to seek other opportunities and believes that a fresh impetus would only boost the Salon going forward, with significant scope to further increase turnover.
Premium
Guide price of £100,000 for the Goodwill, fixtures & fittings + sav.
Lease Terms
A new 6 year lease at £24,000pa will be granted to the incoming tenant, subject to 3 yearly rent reviews and all other terms to be agreed
VAT
We understand that VAT is not applicable to the rent on this property
Legal Costs
Each party are to be responsible for their own legal costs incurred in this transaction.
Services
Mains electric, water and drainage are made up and connected to the property
The property is located along a retail parade along one of the principle roads within Heaton Moor. It is a well known and popular hair salon and offers
the intended purchaser the chance to take on a true turn-key opportunity and scope to further increase turnover.
Location
The property is situated in a prime position in the popular and affluent area of Heaton Moor on the outskirts of Stockport.
Heaton Moor has gone from strength to strength over the past decade and is now a preferred destination for young professionals and families alike. The surrounding area boasts a range of retail and restaurant premise which caters for every need.
Reason For Sale
The owner of the business has decided with a heavy heart that it is time to seek other opportunities and believes that a fresh impetus would only boost the Salon going forward, with significant scope to further increase turnover.
Premium
Guide price of £100,000 for the Goodwill, fixtures & fittings + sav.
Lease Terms
A new 6 year lease at £24,000pa will be granted to the incoming tenant, subject to 3 yearly rent reviews and all other terms to be agreed
VAT
We understand that VAT is not applicable to the rent on this property
Legal Costs
Each party are to be responsible for their own legal costs incurred in this transaction.
Services
Mains electric, water and drainage are made up and connected to the property
Mortgage calculator
Monthly repayment
£500 per month
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