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Regency Salon - Business for Sale, 9 Broomlands Street, Paisley, PA1 2LS

1,975 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 10 October 2022

The subjects form part of a traditional 4 storey tenement building. The subjects extend over part of the ground floor of the building, with the upper floors being in a flatted residential use.

Access to the property from street level is provided by means of aluminium framed and glazed door, with a roller shutter for protection.

THE BUSINESS

Our client has operated the business for over 23 years having established a loyal customer base during this time.

Income is generated through a mix of both ladies and gents salon, waxing and nails.

The opening hours currently are Tuesday 9am – XXXm, Wednesday & Thursday – 9am – XXXm, Friday – 9am – XXXm and Saturday 8.30am to XXXm.

Financial documentation will be provided to interested parties only after viewing and confirmation of interest.

Location

The subjects comprise a ground floor mid terrace retail unit on the southern side of Broomlands Street close to its junction with King Street within the West End area of Paisley.

The immediate surrounding area is of a mixed nature, comprising residential and retailing uses. Broomlands Street at this location is characterised by traditional tenement buildings with flatted dwellings on upper floors, with commercial occupiers at ground floor level.

Surrounding commercial occupiers mainly comprise small independent local traders.

Accommodation

We calculate the subjects have the following approximate areas:-

Total: 183.52 sq.m (1,975 sq.ft)

Terms

TRADE INVENTORY - The asking price includes the trade inventory which, we are advised, is owned outright and is not subject to any lease purchase, hire contract or similar finance arrangement.

SALES TERMS - We are instructed to seek offers over £XXX for the benefit of our clients heritable interest in the subject property to include goodwill, fixtures and fittings.

RATING ASSESSMENT - From the Scottish Assessors website, we note that the subjects are entered in the current Valuation Roll at a Rateable Value of £XXX

Please note that a new occupier has the right to appeal the current assessment.

ENERGY PERFORMANCE - A copy of the energy performance certificate can be made available on request.

VAT - All prices quoted are exclusive of VAT, where applicable.

LEGAL COSTS - Each party will be responsible for their own legal costs. 

Specification

  • Well presented salon
  • 100% rates relief available, subject to status
  • Business has been owned and operated for over 23 years
  • Double retail unit
  • Overall Net Internal Area 183.52 sq.m (1,975 sq.ft)
  • Offers over £XXX for the heritable interest are invited


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