Retail premises for sale in Highbridge Street, Waltham Abbey EN9

Business
Hilton Smythe welcomes to the market Nubelle’s. A unisex hair salon whos’ name is synonymous with the area, having been established by our client in the 1990’s. Our client is now looking to retire.

Nubelle’s is a traditional hairdresser based in central Waltham Abbey with clients that come from the town and surrounding areas including Waltham Cross.

Nubelle’s has many returning customers and has strong on-line reviews including 5* reviews on Google, 5* reviews on Yell and 5* reviews on its own Facebook page.

There is scope for further development of the business by considering

• Utilising the treatment room


• Extending opening hours


• Selling retail products

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Nubelle’s is located in Waltham Abbey within Essex in a high footfall area in the town centre close to other shops and residents.

Nubelle’s has distinctive signage to the front and a pavement board directly outside the premises. There is free parking throughout the town centre for staff and customers alike.

Waltham Abbey is situated on the North East outskirts of London with access to M25 at junction 26 and has a population of 21,149.

Premises
The business is entered directly off the main road and in to the salon with tiled floor.

• Reception desk with till.


• 5 hairdressing stations.


• 2 drying stations


• 2 backwash stations

To the side/rear of the salon is the unused room that could be used for beauty treatments, tanning etc.

To the rear is the staff kitchen area and the staff toilet.

There is a small outside space with a washing line.

Tenure
We are advised the business is being sold as a leasehold business opportunity.

A new lease is to be written with an annual rent of £1,100 per month.

Our client informs us that the premises is business rates exempt.

Hours
The business opening hours:

Monday: Closed

Tuesday - Thursday: 9am – 5pm

Friday: 9am – 6pm

Saturday: 9am – 5pm

Sunday: Closed

There will be no restrictions in the lease regarding opening times.

Staff
The business is run and managed by a husband and wife team.

Financial Profile
Nubelle’s generates an advised turnover of circa £65,000.

The assets being sold with the business are worth in the region of £2,000.