Freehold Commercial Property Located In Studley

Studley, B80 7LL
£299,950
Business ID:
#2452
£299,950
  • Ref: 2452
  • Type: Commercial Property
  • Availability: For Sale
  • Veritas Categories: Commercial Property, Hairdressing, - Investment Property
  • Business ID: 2452
  • Commercial Tenure: Freehold
  • Make Enquiry

Property Features

  • Established Business
  • Currently A Hair Salon
  • Shop Can Be Available With Vacant Possession
  • Flat Is Sub-Let
  • Shop & Flat Are On Separate Deeds
  • Main Road Location
  • Freehold Commercial Property

Full Details

Freehold Commercial Property Located In Studley
Includes A Two Bedroom Apartment Above
The Shop Can Be Vacant Possession
Ref 2452

Location
Veritas Business Sales are delighted to offer for sale this respected Unisex Hair Salon which is located in Studley in Warwickshire. The property is situated within a prominent and highly visible trading position next door to Dominos Pizza and adjacent to CO-OP supermarket. The Alcester Road (A435) stretches from Birmingham to Cheltenham and enjoys high levels of passing traffic on a daily basis. Studley is a village 4 miles from Redditch, 13 miles from Stratford Upon Avon and 16 miles from Birmingham City centre.

Freehold Asking Price £299,950

Business Description
Veritas Business sales offer to the market this Freehold Unisex Hair Salon which is located in Studley. The business was established by my client back in 1996 and is now being offered for sale so that she can slow down and work towards semi-retirement. Since ownership there has been continual investment in the upkeep of the property and installation of new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. As You Like It is overseen by the owner with the help of 3 part time members of staff and has an annual turnover of £54,405. Services include ladies cut & finish, colours, foils, perms, gents & children's hairdressing and sunbeds. Above you have a two bedroomed apartment with is currently sub-let for £625 PCM. The shop can be made available with vacant possession but the flat is currently tenanted. The shop & flat are on separate deeds. We believe that there is further potential to increase revenue should you wish, by opening on Mondays & Thursdays and by having a more hands on owner operator. The business 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 business which is a great base to build upon and as such early viewing is highly recommended as this gem is not to be missed.

Opening Hours
Monday & Thursday – closed
Tuesday – 9.30am –7.00pm
Wednesday – 9.30am – 5.30pm
Friday – 9.30am –7.30pm
Saturday – 9.00am – 3.30pm
Sunday – 10.00am – 1.00pm

Ground Floor
Entrance door leading to hair salon comprising: customer seating area, sales counter with cash register (Olivetti), 2 glass wall mounted retail sales & display shelves, 2 back washes, 2 wall mounted storage shelves, 2 wall mounted towel holders, 4 mirrored cutting stations with (Luca Rossini) chairs, 4 wall mounted accessories cabinets, children's cutting station, portable climazone (Wella) and under stair storage cupboard.
Office area with dispensary area, sunbed (48 tube Aurora), kitchen area with sink drainer, base units, kettle, microwave, washing machine (Whirlpool), fridge, combination boiler (Baxi) and back door to rear yard.
Staff W/C with wash basin and electric water heater.
Customer W/C with wash basin and electric water heater.

Flat
Entrance door to hallway with stairs leading to the first floor.
First Floor
Fully fitted kitchen
Lounge
Family bathroom with shower cubicle, W/C and wash basin
Landing with stairs leading to the second floor
Second Floor
2 Double bedrooms
The flat is currently sub-let for £625 PCM and benefits from gas fired central heating and double glazing.

EPC Rating E

External
Rear private yard with small storage shed, shared entry with self contained entrance door to the flat. Rear private car park with owners parking for (2)