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Hair & Beauty Business, 117 Corstorphine Road, Edinburgh, EH12 5PZ

not specified / Retail / General Retail

Withdrawn - Last updated: 19 April 2022

The property is fully fitted out as a hair salon with 5 chairs and 2 backwashes. To the rear there is a small beauty room, staff room and WC. The unit also benefits from having a large storage area in a basement below. The property is well presented and would allow someone to walk in and begin trading immediately.

Location

Coreys is a trading salon and beauty room which occupies a prominent location on Corstorphine Road.

Corstorphine Road is one of the main thoroughfares that leads into Edinburgh city centre from the airport and west of Edinburgh. The subject is located within the Corstorphine district of Edinburgh and sits approximately 1.5 miles to the west of Edinburgh city centre.

The property occupies a mixed residential and commercial location and benefits from car parking close by. There are a good number of residential properties surround from which to draw custom and it is also in close proximity to BT Murrayfield and the Edinburgh Zoo.

Accommodation

The retail unit has a total net internal area in the order of the of 39 sq.m / 420 sq.ft

THE BUSINESS: This business is reluctantly being brought to the market as a result of retirement.

The business has been well run since 1993 by the same owner. Currently there are 2 employed members of staff and one self employed stylist working within the business.

This is a profitable opportunity in an ideal location, this is reflected in the trading accounts which can be provided to interested parties after viewing.

Terms

PRICE: Rental offers in the region of £XXX per annum exc VAT with a premium of £XXX are invited for the goodwill, fixtures and fittings of the business.

ASSESSMENT: We have consulted the Scottish Assessor’s website (www.saa.gov. uk) and note that the premises are entered in the current Valuation Roll as follows:-

Rateable Value: £XXX

We are advised that the current business rate is 49.8 pence, however this property benefits from 100% rates relief.

VAT: All figures quoted are exclusive of VAT if applicable.

ENTRY: Upon completion of legal arrangements.

ENERGY PERFORMANCE RATING: Available on request

LEGAL FEES: Each party will be responsible for paying their own legal costs incurred in this transaction.

Specification

  • A great opportunity to acquire a busy and long established hair and beauty salon in a great trading position.
  • Parking close by
  • Over 25 years of goodwill included in the sale of this long established business located in Edinburgh.
  • Offers in the region of £XXX per annum exc VAT with a premium of £XXX for the business.


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