14 Gibson Street

Glasgow, G12 8NX

173 to 538 sq ft

Business for Sale Fusion Hair & Beauty has been established over 23 years and trades as a gents and ladies hair salon

Summary

West End location
Busy thoroughfare
Established business
Weekly sales c. £6,000
Rates exempt
VAT free rent

Accommodation

The accommodation comprises the following areas:

Floor/Unit	Description	sq ft	sq m
Ground	Salon, treatment room & storage	365	33.91
1st	2 treatment rooms & storage	173	16.07
Total		538	49.98

Location

Glasgow is Scotland’s largest city and is situated in the central belt and on the west coast. There are four main motorways which run through the city putting it at the hub of Scotland’s road network. The town sits approximately 50 miles west of Edinburgh and connects the central belt via the M8 motorway network.

The property is located on the north side of Gibson Street close to its junction with Otago Street, within the Hillhead area of Glasgow's west end. In the immediate vicinity there are a number of bars, restaurants and shops, with Kelvin Bridge underground station also in close proximity.

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Mainline Stations

Charing Cross (Glasgow)

14 mins
Exhibition Centre (Glasgow)

14 mins
Anderston

19 mins
Partick

20 mins

Underground Station

Chesham

6266 mins
Amersham

6305 mins
Chalfont and Latimer

6329 mins
Chorleywood

6361 mins

Further Information

Price Offers in the region of £95,000 Goodwill of the business, fixtures, fittings and stock

Rent £10,200 per annum

Rates Payable £4,930.20 per annum An occupier may be eligible for rates relief, subject to status

Description

The property comprises a blonde sandstone, tenemental building, under a pitched and tiled roof. The building is arranged over five floors providing retail accommodation on the ground and first floors and residential on the upper floors.

The glazed single frontage with flush entrance door sits under a non-illuminated fascia board. Internally, the space is rectangular with 5 hairdressing chairs and 2 washbacks in the main salon area. There is a private treatment room and WC to the rear. The ceilings are of plaster/paint and incorporate a mix of pendant and round LED lighting. The floor is covered in laminate. A comprehensive range of floor and wall mounted fixtures and fittings are included with the business. There are an additional 2 private treatment rooms on the first floor plus storage and WC.

Trading Information

Fusion Hair & Beauty trades as a gents and ladies hair salon. The business has been established over 23 years and is currently generating c. £6,000 per week in retail sales with two stylists. The business trades on a by appointment only basis.

The current operators have decided to sell the business due to a change in circumstance, thus creating an exciting self-employment opportunity. The operation prides itself on the personal touch and this would be vital for any new owner to have the same ethos and outlook. The bespoke service the current operators provide is reflective of the success of the business and in turn, the return custom.

We have been advised that all fixtures and fittings are owned outright and included within the goodwill purchase price. Proof of sales will be made available to seriously interested parties post viewing stage.

Price

Offers in the region of £95,000 are sought for the goodwill of the business, fixtures, fittings and stock.

Tenure

The lease is available by way of assignation, for the residual term of the lease, which expires in 2035. The current rent is £10,200 per annum and rent reviews are on a 3 yearly basis.