Green Lane

A well-established hair and beauty business located in a prime area of Ilford. Offering a range of beauty treatments and hairdressing services, this salon has built a solid reputation and enjoys a consistent turnover. The business is run by a working owner with the support of one part-time assistant. With 11 years remaining on the lease at an affordable rent of £1,700pcm, this is an excellent opportunity for an investor or beauty professional looking to take over a ready-to-trade salon. RX568753

Location

Situated in Ilford, the salon benefits from high footfall and excellent transport links. Green Lane is a bustling street with a mix of retail, dining, and service businesses, making it an ideal location for a salon. The area attracts a steady flow of customers, including both local residents and visitors. Nearby amenities, parking facilities, and easy accessibility further enhance its appeal.

Property

Approx. 950sqft of usable shop area comprising of:- Salon Layout: Well-presented and professionally designed to cater to both hair and beauty services. Treatment Rooms: Private treatment areas suitable for facials, waxing, and other beauty services. Reception & Waiting Area: Comfortable space for clients with a stylish seating arrangement. Workstations: Multiple hairdressing stations fully equipped with mirrors and chairs. Wash Stations: Dedicated backwash area with comfortable reclining chairs. Facilities: Storage space, staff area, and WC. Fixtures & Equipment: Some machinery and equipment available under separate negotiation.

Business

Established Trade: The salon has built a strong client base with repeat business. Turnover: advised averaging £75,000 per year (£6,250pcm). Staffing: Run by a working owner with one part-time assistant. Scope for Growth: Potential to expand services, introduce new treatments, or increase marketing efforts.

Tenure

Lease: 11 years remaining. Rent: £1,700 per month. Business Sale: Lock-up premises only.

Business Rates

Current rateable value (1 April 2023 to present) £16,000 - equating to £3,100.95 payable after rates relief applied

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.