An opportunity to acquire a fully fitted, modern hairdressing and barber shop located on a busy and popular parade with varied local shops in South Reading. The business is well presented throughout and offers immediate trading potential, with clear scope to expand into beauty, nails or aesthetics.
ViewingsViewings strictly by prior appointment through Lansley Commercial.
TermsThe business is offered for sale by way of assignment of the existing lease, subject to landlord’s consent. The purchase will include the goodwill, fixtures, fittings and equipment as seen.
The property is held on a 12-year lease from 3rd October 2022 to 2nd October 2034, at a current rent of £15,000 per annum (£1,250 per calendar month), payable monthly in advance, with three-yearly rent reviews, and the lease is inside the Landlord and Tenant Act 1954, providing security of tenure.
Further details and a copy of the lease are available to interested parties upon request.