Hair Salon for Sale in Newcastle upon Tyne

£45,000.00

Contact us for more details, or book a viewing

    Description

    Description
    Silk Letting LTD is pleased to present to the market this truly exceptional hair and beauty salon in the heart of Newcastle City Centre. This is an excellent opportunity to acquire a highly profitable salon in a desirable location.

    This stunning unisex hair and beauty salon was established by the owner 2 years ago and is very well known in Newcastle. This high end, well-established hair and beauty salon has built up an outstanding reputation as well as a regular and loyal client base. The business has a very friendly and welcoming atmosphere and offers the utmost quality in all aspects of hairdressing, including all the latest trends, as well as offering a wide range of beauty treatments. With 7 hairdressing stations, the business has lots of potential under new management to expand. If you are looking to acquire a salon which possesses the opportunity to continue its growth, then this is the salon for you.

    The salon is situated in a desirable location on a busy street in the centre of Newcastle. With lots of passing trade and Newcastle university a short distance away, the area is subsequently bustling with activity. The salon’s superb location brings trade from passers-by and visitors to the area as well as the current client base that the business holds. The business thrives off word of mouth recommendations and also benefits from social media.

    • Excellent location in Newcastle City Centre
    • Outstanding reputation
    • Established business
    • Opportunity to continue the growth of the company
    • Friendly atmosphere
    • Beauty room
    • 7 Hairdressing stations which can be rented out
    • Regular client base
    • Social Media following which under new management could be increased even further
    • Nearby parking
    • Well presented interior and exterior

    Services
    The salon is proud to offer a wide range of services for ladies and gentlemen in hair and beauty. Hair services include haircuts and blow-dries, colouring services, conditioning treatments, hair styling and beard trims. The salon has built an extensive client base from offering such a vast selection of hair treatments. Services are offered at a great price, competitive within the local area. Our client ensures the business continues to attract new customers by offering incentives such discounts for students. Further discounts could also be offered to new clients.
    • Haircuts
    • Conditioning treatments
    • Hairstyling
    • Discounted offers
    • Colour services
    • Blow dries

    Location
    The business is situated in a prime location in Newcastle city centre and is well-served by the public transport system with a bus station located within easy walking distance of the property. The business also benefits from a multi-story car-park being located across the road from the property meaning that the business is easily accessible.

    As well as being centrally located, our client is in close proximity to Newcastle university which has a large student population increasing footfall around the property. As well as that there are many local amenities and shops surrounding our client’s business with Eldon shopping centre facing the property.

    • Located in the city centre
    • Bus station is within walking distance
    • Multi-story car park facing the property
    • Surrounded by other local shops resulting in high footfall
    • University nearby increases trade

    Premises
    Boasting wide double frontage premises and prominent signage, this popular hair salon occupies a ground floor property with large glass windows allowing natural light to flood into the salon. The Salon is fantastically presented with glossy white tiles throughout and fantastic lighting which makes it the perfect setting for many beauty treatments. The business has a substantial ground floor area allowing for 7 hairdressing stations as well as a beauty room. The salon benefits from an open plan reception and comfortable waiting area creating a warm and friendly atmosphere. The Salon also has disabled access on the ground floor which means that anyone is able to access the property.

    The premise is well-equipped to suit the trade and has been fitted to a high standard throughout. In addition to the huge hairdressing station, the property also benefits from having 2 beauty rooms which allow the businesses to increase the services which they can offer. This salon is in perfect condition and if the future owner wishes, no amendments will have to be made to this already successful business.
    • Modern Salon
    • Fabulous lighting
    • Double fronted property
    • Substantial ground floor property
    • Open plan reception and waiting area
    • Perfect condition
    • 2 beauty rooms

    Fixtures and fittings
    The business is being sold with all fixtures and fittings; these include:
    Reception counter
    Hairdressing hairs x 7
    Reception sofa
    white bench
    4 x reception chairs
    4 x hairdressing trolleys
    A full list of assets is available upon request

    Security Features
    The property has CCTV and metal roller shutters at the front of the property.

    Rent and length of the lease
    This property is rented for £17,500 per annum and has 3 years left on the lease agreement.
    • £17,500 per annum in rent
    • 3 Years left on the lease agreement

    Business rates
    Purchasers should enquire with relevant local authorities to confirm the rates payable.

    Financial details
    Available upon request.

    Staff
    The salon currently has 2 self-employed members of staff and 1 employed part-time members of staff. Due to the hairdressing stations and beauty room that the salon currently has there is huge potential to expand the business under new ownership and increase the number of staff that the salon has. The current staff would also be willing to say on under new ownership.
    • 2 x self-employed members of staff
    • 1x part time member of staff

    Business hours
    Monday 9am–7pm
    Tuesday 9am–7pm
    Wednesday 9am–7pm
    Thursday 9am–7pm
    Friday 9am–7pm
    Saturday 9am–6pm
    Sunday 11am–5pm

    Reason for sale
    Our client now wants to focus on other business ventures. This has created a fantastic opportunity for a new buyer to enjoy this already established business in an excellent location.

    Growth Potential
    • Website
    • Online booking system
    • Rent out more chairs
    • Market the business

    Reasons to buy the business
    • Prime location
    • Potential to expand the business
    • Already has staff renting chairs on a self-employed basis
    • Highly profitable
    • Business is fully equipped
    • Stunning interior
    • Exterior is well presented
    • Friendly and inviting atmosphere
    • Well established

    A Viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

    Contact Mounif at Silk Letting Ltd on 0161 507 9791 to secure your viewing today

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