Silk Letting Ltd is delighted to welcome to the market a well-established friendly hair and beauty salon in Fareham. This well-presented and recently refurbished hair salon is done to perfection. This business offers attentive service in a friendly and familiar environment with over 10 years’ experience and 5* reviews on many platforms.
Situated in a prime location this hidden gem tucked away in the charming Fareham and is a home away from home for clients. It 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 specialising in Balayage and colour corrections.
The business has lots of potential under new management to expand and grow.
This popular studio salon occupies a ground floor property within a small shopping mall. The salon is fantastically presented which makes it the perfect setting for many hair and beauty treatments with a comfortable waiting area creating a warm and friendly atmosphere.
The premises are well equipped and have been fitted to a high standard throughout. The business also benefits from a nail and make up station which allows the business to increase the services which they can offer. The salon is in perfect condition for any new owner to take over this already successful business.
Fixtures, Fittings and Stock:
The sale includes all stock fixtures and fittings such as:
– 4 x salon chairs
– 3 x salon mirrors
– 2 x washbasin and chairs
– 1 x desk
– 1 x till system
– 2 x green reception chairs
– 1 x hood dryer
– 2 x hairdressing trolleys
– 1 x heater
– 1 x fridge
– Kevin murphy stock including backwash and retail products and a full range of colour products
– All clients associated with the salon and access to the online booking system
– Facebook and Instagram accounts
Located in the heart of Wickham off the A334 and B2177. Friendly and affluent area with new and regular clients.
This hair salon is situated within a small shopping arcade surrounded by other local independent businesses.
– Women’s clothing boutique
– Bath bomb shop
– Kids clothing shop
– Art Gallery
– Antique shop
– Charity shop
The business benefits from a high footfall and often has people pop in to ask about the services and get price lists etc.
There is also a carpark right outside the main entrance with extremely cheap prices for staff or customers to use.
Monday – Closed
Tuesday – 10 am to 5 pm
Wednesday – 10 am to 5 pm
Thursday – 10 am to 6 pm
Friday – 10 am to 6 pm
Saturday – 9 am to 5 pm
Sunday – Closed
The business is currently owner run so no staff members will be staying once the business is sold, the current owner is happy to provide a handover period.
Tenure and Financial Profile:
This property is Leasehold.
There are currently 2 and a half years left on the current lease.
Annual Rent – £12,000
The business benefits from a small business rates relief meaning it is exempt from paying any business rates.
This business is located with a small shopping arcade so is not accessible to the public at night, there is also a security camera pointing directly at the premises.
Reason for sale:
The owner is unfortunately having to sell the business due to other commitments; this creates the perfect opportunity for someone to come in and take over an already well-established business.
The business doesn’t currently have a website, the new owner could create a website that allows customers to book online and to view the services.
Extend opening hours to do a couple of late nights for those people that work late.
Create offers and competitions on online platforms
Offer student, NHS or senior citizen’s discount.
Increase list of services i.e. – Beautician, nail tech, makeup artist.
A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.
Contact Sharon at Silk Letting on 0161 507 9791 or email@example.com to secure your viewing today!