Business for Sale in Newport, GWENT - FREEHOLD HAIR & BEAUTY SALON, NEWPORT - Freehold: £189,950 (Offers Accepted)

Key Information

Ref
L32910J
Type
Service Businesses: Hairdressers Salons
Location
Wales: Gwent
Tenure
Freehold
Status
For Sale
Annual Sales
£75,000 Ex Vat
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Call us on 01633 868609

An excellent freehold Hair & Beauty Salon situated only a short distance from the centre of the vibrant and majorly developing city of Newport in lovely South Wales.

A mid terraced property with its own off road parking for 4/5 vehicles to the rear, being ideally situated upon a main feeder road into the city.

Due to its very busy situation alongside and opposite numerous other businesses, whilst additionally being surrounded by huge numbers of residential properties, the business is ensured of year round & indeed high levels of local & passing trade opportunities.

Superbly presented and excellently decorated trading premises over 3 floor levels, offering Hair Styling, Beauty Treatments and Spray Tanning in most welcoming and professionally presented surroundings.

Trade is easily achieved and is currently kept to below vat levels (out of choice by our sellers) at around £75,000 p.a., with strong gross and corresponding adjusted net profits seen on the up to date accounts we have on file.

Currently run by our two owners with the help of 3 full time and 1 part time staff, this is a superb business enjoying a locally good name and excellent trading location/position, and in our view certainly has further serious sales development potential.

Now wishing to move on after 17 very happy and profitable years (due only to ongoing health and family demands), this wonderful business/property is being offered for sale by way of its lucrative freehold and therefore comes to market highly recommended by us at EM&F.

As a first business venue or indeed as a bolt on for an established operator then this opportunity would be hard to beat!

Must be seen..

EPC Rating: D


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