Popular Cheltenham Hairdressers

Cheltenham, Gloucestershire
Leasehold Price:
Find more details, or book a viewing:
Advert ID
1250 / Rightbiz


Falcon Commercial is delighted to offer for sale this thriving Hairdressers. The business has been run by our client since 1998 during which time they have made considerable investment and improvements to the premises. It is now reluctantly being placed on the market as the vendor is moving out of the area. During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere and friendly service.

Operating from substantial parade premises of real charm and character, this well presented Salon benefits from parking to the rear of the premises.

Michael Gerald is run by the proprietors with help from a team of dedicated full and part time staff that work on an agreed rota basis. We are advised that it generates a turnover in the region of £112,900 per year with high gross profit margins. There is tremendous potential to increase the turnover by extending the opening hours, possibly to include Monday, Sunday and evenings.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.

The Premises
Substantial and well maintained building, benefiting from being in a highly visible trading position in Bath Road, Cheltenham. Bath Road is known as the central hub for this part of Cheltenham and contains a good mix good of thriving independent and multiple businesses.
The Salon premises are fitted and presented to high trade specifications throughout.

The premises briefly comprise:

Internal accommodation

Ground Floor
•Single fronted open plan Salon with suspended ceiling containing
•10 work stations
•3 wet stations
•6 dryer stations

First Floor
•Ladies toilet
•Gents toilet
•Potential beauty room

Business Details

Opening Hours
•Closed Monday
•9.00am – 5.30pm Tuesday
•9.00am – 5.30pm Wednesday
•9.00am – 5.30pm Thursday
•9.00am – 6.00pm Friday
•9.00am – 5.30pm Saturday
•Closed Sunday

•£112,900 Per year

•Accounts will be provided to genuine purchasers after a formal viewing

Business Rates
•Current Business Rates payable: £8,000 per year
•Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Legal Costs
•Each party to bear their own legal costs incurred in the transaction

•The business stock value is: £1500

•The business is run by a dedicated team of full and part time staff

Tenure – Leasehold.
The business is being offered with the benefit of a new secure lease to suitable applicants. The rent will be iro £22,000 per year

For further information, you should make your own enquiries to Cheltenham Borough Council, Municipal Offices Promenade, Cheltenham GL50 9SA

EPC Rating - TBC

Strictly by appointment with the vendor's agents, Falcon Commercial, 1 Miltons Yard Axminster EX13 5FE on 01297 598080

Cheltenham is famed as one of the most complete Regency towns in England and historically the original and most fashionable spa. It nestles beautifully between the Cotswold Hills and the Wye Valley, and is home to numerous prestigious schools including Cheltenham College, Cheltenham Ladies College, Dean Close and Pates Grammar which recently topped the national GCSE schools league table.
Now a highly sought after place to live or run a business (voted the number 1 place in the United Kingdom to bring up a family by the Telegraph early), the town is well known for its grand houses set amongst formal avenues and beautiful garden squares.
Listing Details
Leasehold Price: £40,000
Tenure: Leasehold
Sector: Hair & Beauty, Barbers, Hairdressers
Annual Turnover: £112,900
Annual Net Profit: Available upon request
Key Features
  • New Lease
  • Established Business
  • Accounts Available
  • Price Reduced
Street View
Listing Statistics
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Request More Details
Or, arrange a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Be specific on the type of details you wish to receive from the seller. This, encourages communication with both yourself and the seller and makes the process smoother.
After my message, what's next?
The seller will be notified instantly that you have sent a message. Please note that replies made back are entirely dependable on the seller.
How will I know the seller has replied?
Once the seller has read your message and replied to you. You will be notified immediatley via email. If the seller is using an agency/broker on their behalf, then an agent will be in touch with you either via your contact number or email.

Related Businesses for Sale

Superb leasehold hair salon
Worcester, Worcestershire
Beauty Salons
The data showed regarding this advert 'Popular Cheltenham Hairdressers - 1250 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.