Specification
Leasing Terms
Costs
Features
Location
Description
A Luxury hairdresser salon with potential for D1 Licence is now for sale in Great Portland Street, Fitzrovia.
This is an ideal platform for an experienced beautician/owner-operator and will make a great bolt-on purchase to an existing business. Operators can also convert the current use to D1 Licence (dentist, treatments).
The Business trades as a luxury hairdresser in Fitzrovia, in Great Portland Street and is nestled in a parade of shops.
Some of the most relevant shops and business centre in the area are the Albany pub, De Martino restaurant, Hallam Conference Centre, BBC Woogan House, Saint Gobain, NatWest Bank.
These businesses and office are also the audiences the shop is targeting and the collaboration between the hairdresser and the offices and shops around is also a profitable opportunity for the different business to help each other in bringing in new clients.
Additionally, the shop also benefits from a huge footfall, assured by the close proximity of Great Portland Street and Regent’s Park Stations, and the opportunity to reach easily Oxford Street.
The shop spreads over two floors. On the ground floor, you’ll find the reception and waiting areas, decorated with black leather sofas.
The ceiling is unusually high for the area and the floor is covered with white porcelain tiles and big glasses are covering the walls in front of the working area.
There are four seats where to welcome clients, three washing areas, TV, Air Con and counter to display the luxury beauty products for sale.
On the lower ground floor, client will reach the treatments rooms, clock roam, storage, utility room, pedicure stations.
SERVICES
Hair treatments for ladies and gentlemen, styling, waxing, manicure and pedicure, facials and body treatments.
Equally, the sales of luxury beauty products generate an interesting income.
POTENTIAL
A new owner has many possibilities to further grow the business.
Hiring more qualified staff members with specific expertise would enable the business to handle a larger workload more smoothly and offer more services.
Again, embracing more social media would also aid advertising further and successfully increase exposure to the business.
With strong branding in place, the potential to turn this business into a franchise is highly feasible.
DETAILS
Lease: 10 years remaining.
Rent Review: every 5 years. Rent adjusted according to the market value.
Business Rates: £10,000.
Rent: £40,000 per annum.
REASONS FOR SELLING
The vendor is willing to step out to move abroad.