Retail premises for sale in Essex/Herts Border, Hertfordshire CM17

£49,999 (£60.75/sq. ft)
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Retail premises for sale 823 sq. ft*

Property description

Town centre hairdressing salon located close to the main bus station, car parks & shopping centre on the essex/herts border. The business has been established 45+ years that has been operated under the same ownership for 25+ years and has now come to market with a genuine reason for sale. Our client has built up a highly enviable reputation with a loyal & regular clientele and a 3500+ database. Turnover on accounts show net sales of £155,085 with a gross profit margin of approximately 47% yielding adjusted net profits in excess of £51,000. We feel there is huge scope to further increase revenues as there are no beauty services. The premises benefits from low overheads with zero business rates payable and a new secure lease available at a current rental of £10,200 per annum exclusive. Early viewing advised.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Bradleys Countrywide, SS7 on +44 1702 787467 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bradleys Countrywide, and do not constitute property particulars. Please contact Bradleys Countrywide for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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