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Freehold Hair Salon In Wirral, Merseyside For Sale

Merseyside
Asking Price:
£275,000 Furniture / Fixtures included
Sales Revenue:
£135,000
Cash Flow:
Available on request

Impressive & Extensive Freehold Building
Close to Large Multiples Including Co-op & Boots
Prominent Corner Location
Potential to Be Converted To Part Residential
Established 1977
Annual Turnover £135,000
7 Styling Stations & 3 Backwashes
Gross Profit £125,000
2 Beauty Rooms and Spray Tan Room
Scope & Demand For Beauty Services
Would Suit Other Businesses - Freehold Building
Retirement Sale
EPC - F

REF 6322 – Freehold Hair Salon

Blacks Brokers are delighted to bring to the market this beautifully presented, freehold hair salon located in a much sought-after area of Bebington, Merseyside.

INTRODUCTION

Robbi Ross has been trading since 1977 and was established by our client. The business moved to 1 - 3 Church Road in 1997 due to expansion and our client has built a large, repeat customer base and achieved an enviable reputation in this area – this has all been done via word of mouth and recommendation with no use of social media for internet whatsoever. The business operates from only the ground floor of this substantial property and there is much scope for expansion into the beautifully fitted first floor which could be used or rented by a beauty therapist or alternative therapy specialist at a substantial rent.

LOCATION

The business and property are located in Bebington, an affluent area on the Wirral in Cheshire. The salon is based in a prominent position on the corner of a busy main road, directly opposite a Co-op supermarket. This is a busy main road with a parade of local shops and other complementary businesses – this includes estate agents, card and gift shops and large multiples including Boots. Mayer Park is within walking distance and the area is well linked by the M53 with excellent public transport links nearby including Port Sunlight Railway Station. The property has a gated service alleyway that runs along the side of the building. There is ample on street parking along with a free car park approximately 100 metres away.

REASON FOR SALE

The business is only being offered for sale due to retirement. It is rare that a business of this calibre is offered for sale on the open market and our client has created a superb opportunity for a new owner.

BUILDING LAYOUT AND DESIGN

Robbi Ross operates from this impressive, corner property positioned in a prominent trading position. The business has a strong brand identity displayed above a partially glazed frontage. Inside, the salon is beautifully presented and open plan in design. The reception and waiting area is raised, with steps leading to the main salon which is a triangular shape. The salon is stunningly decorated with modern décor and artwork on display, along with wooden flooring fitted throughout, seven mirrored hair stations and three backwash stations. To the rear of this is an old walk in bank vault and safe, as the property was once a bank. This is currently used as a staff area, storage room and kitchen. Toilets are positioned close to the reception area. As mentioned above, the first floor is currently not utilised – however it is set up for immediate use with no development required. There are two private beauty treatment rooms, a large reception area, a shower room, and a spray tan room. The boiler is also located on the first floor. This space offers potential for additional business income with the re-introduction of beauty services – this was previously rented by a beautician at a cost of £750 per month.

The property lends itself to many other businesses from a restaurant split over 2 floors, an estate agents or bar, office space or even
conversion to part residential. The large layout could be utilised in many ways and there is also another entrance that could be reopened leaving it open to be easily split into two separate buildings. No1 and No3 with first floor access potentially bringing in both business and residential rental income.

STAFF

The salon is run and operated by the current owner who is supported by three full time stylists and an apprentice stylist. A new salon manager would ideally be hands on with a vast amount of experience in this sector.

FINANCIAL DETAILS

Robbi Ross has traded solidly since opening and has flourished since moving to this location in 1997. We are advised that the business currently has annual turnover of £135,000 with gross profit of £125,000. The current owner has business rates payable of £1,200 per annum. Purchasers should make their own enquiries with the relevant Local Authority.

SUMMARY

This freehold property and business offer a new owner a range of business opportunities, with scope to let all or part of the property, or work within this exceptionally well-known, busy salon as a hands-on owner-operator. There is plenty of scope to develop the business further with the introduction of beauty and nail services along with a social media presence and online presence with booking system. Early viewings are strongly advised.

Property information

Property:

Freehold

Business Operation

Trading hours:

Mon - Closed
Tue - 9am - 5.30pm
Wed - 9am - 5.30pm
Thur - 9am - 5.30pm
Fri - 9am - 6.30pm
Sat - 9am - 4.30pm

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