Retail premises for sale in Tower Hamlets, England, United Kingdom E2

Business
Please quote reference B07864

CoGoGo are delighted to welcome to the market Peachy Peel, a highly rated beauty salon in the City of London.

This business was first established in 2018 and has been under our client careful ownership since 2020 continuing the success and growth of clientele.

Peachy Peel now comes to the market due to our client's desire to move back to France to spend time with her family.

The business is known to be one the first beauty salon chains offering quality treatments at affordable prices.

Peachy Peel offers beauty treatments by expert therapists offering treatments like waxing, body massages, facials, eyelash treatments and more.

Our client feels there is a slight scope for improvement within social media marketing, the salon could work really well as everything is already in place: The quality of treatments performed by great reliable staff, the fantastic location and a large client base of 4,500 regular customers.

Location
Peachy Peel is based in Shoreditch a vibrant district in Central London meaning their is a high amount of opporunity for passing trade.

Premises
Ground Floor:

• Reception Area


• Waiting Area


• 2x Manicure Tables


• Pedicure Chair


• Small Kitchen


• Bathroom

Basement:

• 3x Rooms ( 2x are used as beauty rooms and 1 is the staff room)


• Storage space

Tenure
Peachy Peel is being sold on Leasehold Basis, with 7 years remaining on a 10 year lease. We are advised the rent is £26,000 per annum.

Hours
The current trading hours are:

Monday to Friday - 10:00am to 8:00pm

Saturday - 10:00am to 7:00pm

Sunday - Closed

Staff
The business has 2 full time staff members and we are advised our client works in the salon on an average of 2 days a week.

Financial Profile
We are advised the turnover for 2023 was £90,000 (£194 a month business rates). Full financials can be made available upon further request.