Retail premises for sale in Moor Road, Orrell, Wigan WN5

£75,000
Interested in this property? Call +44 161 937 5978 * or Request Details

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Retail premises for sale
Tenure: Not available Council tax band: Not available

Property description

Ref 7835 – Leasehold Hair Salon & Barbers
Blacks Brokers are pleased to bring to the market this leasehold hair salon & barbers located in Orrell, Wigan.


Introduction


Creations Hairdressing & Barber was established by our client in this busy area of Orrell in 2020. Previously a similar business had operated here for a number of years and our client refurbished the business prior to reopening. The business offers both ladies hairdressing and barbering services and has become very well known in this area with has a strong base of regular customers in place. Our client has ensured the business has an excellent reputation and superb reviews are noted online. Creations Hairdressing & Barber has a strong social media following.


Location


Creations Hairdressing & Barber occupies a main road trading position in a densely populated residential area. There are also a number of schools, takeaways, convenience stores and other local amenities nearby and the area is well linked by the M58 and M6. Orrell has strong public transport links and free roadside parking is available in the immediate area.


Reason for sale


The business is ideally suited to a hands-on owner-operator but sadly due to our client’s other business interests being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a five year lease which began in 2020 at a cost of £231 per week.


Staff


The business operates with eight members of staff in employment supporting our client overseeing management of the business.


Financial details


Creations Hairdressing & Barber has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 31st March 2022 show that the business has an annual turnover of £133,248. Full financial information is available upon request.


Business rates


Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This well established business occupies an enviable trading position in a sought after residential area of Orrell. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new services and longer opening hours, this paired with a strong marketing drive and new online presence could prove beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £75,000.

Please quote ref: 7835

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (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 Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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