Commercial

AQUARIUS HAIRCARE, THE GREEN, PORTREE, ISLE OF SKYE, IV51 9BT

Offers Over £137,500 (Freehold)

Attractive investment opportunity, trading as hairdressing salon, situated in the attractive town of Portree on the beautiful Isle of Skye

Sustainable business model in a desirable and busy trading location in the town centre adjacent to parking with stunning views of the Cullins and Portree Bay

Income derived from ‘Rented Chairs’ generating profits of around £20,000 p.a. providing a excellent level of return on investment

Scope for new owner / operator to trade from the premises if desired

All situated in a modern property extending to a net internal area of 41m2 with excellent fixtures and fittings

View from Salon

degree of return provides an excellent level of return on investment. There remains scope for a new owner/operator to acquire Aquarius Haircare with a view to trade from the premises, offering the potential to generate even further income. The salon is a busy, yet simple business operation meeting a most specific need within its trading location. Full details of the leases will be made available to interested parties post viewing only.

PROPERTY The property is situated in an elevated position overlooking Bayfield Car Park to Portree Bay beyond. Aquarius Haircare is on the lower ground floor unit within a three-storey property. This modern property extends internally to an area of around 41m2 with excellent fixtures and fittings. The unit is set in 0.08 of an acre with an area of land looking out to the front which could be used to extend the existing salon subject to planning.

DESCRIPTIONThis excellent investment business, Aquarius Haircare, is one of only three hairdressing salons based in Portree. The business operates to a very high professional standard providing a full range of haircare services. This long established business, which is very popular with a good reputation, enjoys a strong customer base. The salon also benefits from local trade and the influx of visitors who voyage to Skye during the summer months and have had the foresight to book ahead as the salon is invariably fully booked. The business has a most attractive location trading in the town centre adjacent to parking with stunning views of the Cullin Mountains and Portree Bay. In this respect the property would be ideal for other uses such as retail and office uses subject to planning.The vendor has moved to Inverness and is now operating the business through the renting of chairs which generates an annual income of around £20,000 (gross). The current landlord has the on-going responsibility for utility costs resulting in an estimated net income of £15,000. This

Entrance to the Salon is from Bayfield Car Park or from the main road. From the Town Centre access is via a covered staircase which leads down to the salon where clients are greeted at a till point reception. Internally the property is set to three hair wash basins and five styling positions. The internal aspects of the business are finished to a high specification and are reflective of the trading ethos of the owner. There is a store room and kitchenette area, as well as staff and customer facilities. All areas are spacious with excellent lighting.

SERVICESThe premises are connected to mains water, electricity and drainage services.

RATEABLE VALUATIONThe business benefits from Small Business Rates Relief for eligible applicants.

PRICE Offers Over £137,500 are invited for the freehold property as well as the business interest including fixtures and fittings according to inventory.

LEASESAccess will be given to rental agreement documentation post viewing.

EPC RATING The EPC Rating of the property is tbc.

DIRECTIONSSee map insert.

FINANCE AND LEGAL SERVICESASG Commercial Ltd is in touch with several lenders who provide specialist finance. Paul Hart (Director Commercial Sales) will be delighted to discuss your financing requirements with you and make an appropriate introduction. We have access to a large team of legal experts who can act in all legal matters including conveyancing.

VIEWINGAll appointments to view must be made through the vendors selling agents: ASG Commercial Ltd,17 Kenneth Street,Inverness, IV3 5NRTel: 01463 714757Mob: 07799 896931E: info@asgcommercial.co.ukWeb: www.asgcommercial.co.uk

OFFERSAll offers should be submitted in writing to ASG Commercial Ltd with whom purchasers should register their interest if they wish to be advised of a closing date.

Contains Ordnance Survey data © Crown copyright and database 2014

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