COMMERCIAL INVESTMENT PROPERTY; DOUBLE FRONTED TWO STOREY FREEHOLD PREMISES CURRENTLY TRADING AS A WELL ESTABLISHED HAIRDRESSING SALON. Very well presented throughout and representing excellent value for money with a potential Rental Yield of 10%. The property has been owned by the current owner for a number of years from which she has run a well-established hairdressing salon and benefits from a superb open plan salon on the ground floor with a separate treatment room/solarium, kitchen and WC, plus 4 further treatment rooms / offices to the first floor. Used productively, the individual rooms allow an opportunity for the occupants to offer beauty & health treatments including sunbed facilities thereby generating additional revenue to the core salon business. The owner is willing to sell the property with vacant possession as she intends retiring from her business at the point of sale. As a separate transaction, our client is also willing to sell the goodwill in her hairdressing business which holds approximately 1500 cut/colour clients in a database and more information can be provided on request to the agent including trading accounts if necessary. It may be possible for the building and business to be sold to different people and a rental agreement / lease set up if necessary to suit both parties. The client is completely flexible in this regard. Located just a few minutes from the city centre and with the benefit of convenient public parking facilities just a few meters away, we feel this is good opportunity for either a stand alone property investment or for an existing hairdressing business to acquire a ready-made premises with significant potential for growth.
Good Life House 46 Windsor Terrace
Tyne & Wear
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