16, Park Street, , Bristol, BS1 5HR

Asking Price £90,000 - For Sale

  • Established and Successful Business For Sale
  • Park Street
  • Over 3,000 Clients
  • Accounts Available
  • Renewable Lease



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A well presented, fully fitted and established hair salon of approximately 1,300 sq ft situated in a prime position on Park Street, close to Bristol City Centre.

The salon has been established for approximately 33 years and the opportunity will include a full inventory and an extensive client list.

The business occupies the premises on the residue of a 15 year term from 2015, at a passing rent of £26,100pa.

Price (and accounts) available on application.

DESCRIPTION -

A well presented, fully fitted and established hair salon of approximately 1,300 sq ft situated in a prime position on Park Street, close to Bristol City Centre.

The successful business has been established for 33 years and is offered for sale to include an extensive list of over 3,000 clients. The business occupies the premises on the residue of a 15 year term from 2015 at a passing rent of £26,100pa.

Asking price and accounts available on application.

LOCATION -

The salon is situated in a highly desirable trading position on Park Street, close to St George's Road and College Green.

PREMIUM -

The business is available for sale to include a full inventory and extensive list of clients. The vendor would be interest in staying on within the salon for an agreed period of time to ensure a smooth handover.
Full accounts are available on request.

LEASE TERMS -

The salon occupies the premises on a 15 year effectively fully repairing and insuring term from 2015 at a passing rent of £26,100pa subject to a 5 year rent review and 5 yearly tenant only break options. The lease will be assigned to the new business owner (subject to landlords consent). We understand the tenant benefits from Security of Tenure.

ENERGY PERFORMANCE CERTIFICATE -

Rating: B (expires May 2032)

FLOOR PLAN -

The floor plan is provided for indicative purposes only and should not be relied on.

TENANT APPLICATION FEE -

The prospective purchaser will be charged an application fee of £250 plus VAT (£300 inc VAT) towards the costs incurred in undertaking appropriate credit and reference checks.
Accounts will be requested where available and a deposit and/or personal guarantee may be required.

VIEWINGS -

As an actively trading business, viewings are strictly by Appointment with Maggs and Allen or JS Reakes only.

VAT -

All figures quoted are exclusive of VAT unless otherwise stated.

BUSINESS RATES -

The rateable value with effect from April 2017 is £25,000.

JOINT AGENTS -

The opportunity is available via Maggs & Allen and J S Reakes.

CONTROL OF ASBESTOS REGULATIONS -

As per the Control of Asbestos Regulations 2012, the owner or tenant of the property, or anyone else who has control over it and/or responsibility for maintaining it, must comply with the regulations which may include the detection of and/or management of any asbestos or asbestos related compounds contained at the property. Maggs & Allen has not tested or inspected for Asbestos and therefore recommend all interested parties to make their own enquiries.

Floorplan for Park Street, Bristol