Mixed Use for sale
£2,000,000
England, Berkshire, Reading, Spencers Wood, United Kingdom Property ID: 31310113
Property description
A unique opportunity to acquire a growing freehold business with huge ongoing potential.
A 4 storey commercial property with A1 commercial use and C3 residential use. The top floor comprises 2 x 1 bedroomed apartments, currently used as office space and storage, but could be rented out or sold leasehold in the region of £200,000 each. Full property details, floorplan and photographs are attached below.
Purpose built in 2014, and opened as a stunning hair and beauty spa equipped and fitted to a very luxurious standard in January 2015, Blissimi Hair Beauty & Medispa offers premium brand hair & beauty treatments.
A well planned contemporary space, with 10 hair stations, 6 beauty treatment rooms, 3 pedicure stations, and additional 2 client nail bar, spray tanning booth, and a further 4 hair stations and nail bar in a separate basement treatment space, the salon can potentially accommodate 20 - 24 clients as the clientele grows. Having grown the current turnover with between 4 and 8 billing stylists/therapists at any one time, and a client base that started at zero and is now approaching 4000 in just three years, there is scope huge growth, especially with several thousand new homes being built nearby.
With a gross turnover in excess of £500,000 in the third year of trading (2017), the spa is currently open 5 days a week (Tuesday - Saturday), offering huge potential for increased trade as the team grows, with increased utilisation/productivity, and increased opening hours, both in number of days and longer hours. Planning permission allows 7 days a week trading.
Forecourt parking and gated private car park to the rear for up to 17 cars plus additional free street parking directly opposite the salon.
A cash buyer or low funding requirement preferred due to business being only 3 years old. If further information is required, please complete the attached, registration of interest form and confidentiality/non disclosure agreement. Thank you.
A 4 storey commercial property with A1 commercial use and C3 residential use. The top floor comprises 2 x 1 bedroomed apartments, currently used as office space and storage, but could be rented out or sold leasehold in the region of £200,000 each. Full property details, floorplan and photographs are attached below.
Purpose built in 2014, and opened as a stunning hair and beauty spa equipped and fitted to a very luxurious standard in January 2015, Blissimi Hair Beauty & Medispa offers premium brand hair & beauty treatments.
A well planned contemporary space, with 10 hair stations, 6 beauty treatment rooms, 3 pedicure stations, and additional 2 client nail bar, spray tanning booth, and a further 4 hair stations and nail bar in a separate basement treatment space, the salon can potentially accommodate 20 - 24 clients as the clientele grows. Having grown the current turnover with between 4 and 8 billing stylists/therapists at any one time, and a client base that started at zero and is now approaching 4000 in just three years, there is scope huge growth, especially with several thousand new homes being built nearby.
With a gross turnover in excess of £500,000 in the third year of trading (2017), the spa is currently open 5 days a week (Tuesday - Saturday), offering huge potential for increased trade as the team grows, with increased utilisation/productivity, and increased opening hours, both in number of days and longer hours. Planning permission allows 7 days a week trading.
Forecourt parking and gated private car park to the rear for up to 17 cars plus additional free street parking directly opposite the salon.
A cash buyer or low funding requirement preferred due to business being only 3 years old. If further information is required, please complete the attached, registration of interest form and confidentiality/non disclosure agreement. Thank you.
Trading Hours:
Tenure: Freehold, Leasehold
Accommodation Details: 2 x 1 bedroomed apartments.
Support & Training: Handover support provided following a sale.
Monday - closed
Tuesday 9am - 7pm
Wednesday 9 - 8pm
Thursday 9 - 8pm
Friday 9 - 6pm
Saturday 8.30am - 5pm
Tuesday 9am - 7pm
Wednesday 9 - 8pm
Thursday 9 - 8pm
Friday 9 - 6pm
Saturday 8.30am - 5pm
Tenure: Freehold, Leasehold
Accommodation Details: 2 x 1 bedroomed apartments.
Support & Training: Handover support provided following a sale.
Freehold: GBP 2,000,000
Leasehold: GBP 550,000