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Hairdressers & Natural Health Practice For Sale

Bideford, Devon, UK
Asking Price:
£25,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

We are offering the first floor of this mid terrace Grade II listed building offering approximately 947 sq ft of space arranged along the front as the main hairdressing salon being L-shaped with an adjoining wash room, separate cloakroom, staff kitchen and beyond this are two further rooms utilised as therapy rooms. The property is approached via a ground floor entrance door, lobby and staircase accessing the first floor. There is a small backyard for bin storage. The premises were completely renovated and refurbished with bespoke fixtures and fittings and stylishly decorated by the owner in 2016/7.

PREMISES
A beautiful, light, airy and spacious first floor salon with lovely views overlooking the river, Quay and old bridge. The large room has some interesting historical features, such an impressive over mantle relief and wooden doors dating to the 1600s.
There are 3 hair stations with plenty of space to install one more, a hair colour bar with sink and an adjoining wash room with 2 back wash units. The salon is fully equipped with salon furniture.
Two further room currently function as treatment rooms for wellness therapies, equipped with hand basins and massage couches.
There is a small, secluded waiting area outside the rooms. A walk-in cupboard off the smaller treatment room has space for the washing machine, tumble drier and boiler. Following on there is a kitchen and cloakroom. The back yard on ground floor is utilised for refuse bin storage.

THE BUSINESS
Operating with the proprietor as sole hairdresser, opening 4 days a week, splitting 70% ladies and 30% men’s hair, with takings of around £50,475 p/a with low overheads and high profits.
The River Rooms has been successfully trading as a hair salon for 5 years. Secondary business activities include wellness services (acupuncture, massage, counselling) from self-employed therapists where a smaller revenue is obtained from room rental (which has the potential to be developed further).
A renowned hair salon with a 5 star reputation, The River Rooms has developed a successful brand and is known for its eco-sustainable ethos and exclusive use of the high end, natural, eco-friendly products by Davines. The first floor location offers a unique air of exclusivity and tranquil privacy which sets it apart from other salons and is much appreciated by all clients.

The business includes:
All salon and therapy room furniture, fixtures and fittings.
A large, established client list, over 80% of clients have expressed an interest in booking in with the new owner. Davines product account, exclusive in the area with free in-salon training with Davines including social media support and promotional material.

Property Information

Property:

Leasehold

Lease Terms:

A new 10 year lease is available (with opportunity to extend or reduce). The premises are professionally managed with 100% business rates relief. Available at an ingoing premium of £25,000 plus a rental of £5,400 per annum.

Leasehold Rent:

£5,400 per annum

Location:

In a busy town centre trading position near to the main High Street, the property is ideally placed for passing trade with car parks close by. Located on the first floor, the salon enjoys nice views over Bideford Quayside and the old bridge across the River Torridge. Nearby retailers include a Devon Air Ambulance Charity Shop on the ground floor below, a public house adjoining the property to one side and a cafe to the other side. Bideford is often referred to as the little white town on the River Torridge, being a busy commercial centre. Up the coast nearby villages include Westward Ho!, Appledore and Instow.

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