Rocco's Hair Salon, 83 Fountainbridge, Edinburgh
- City Centre Hair Salon
- 7 Work Stations
- Basement Treatment Room
- No Business Rates under SBBS
- Private Landlord
- GIA 53.28m2
- Profitable business with significant potential
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Graham + Sibbald are pleased to offer to the market the 83 Fountainbridge in Edinburgh, currently trading as Rocco's Hair Salon. The premises is currently fitted out as a hair salon and trades very successfully to the local businesses and residents. Rocco has a very loyal customer base and trades the business to suit his own needs.
The business is successful but is not currently trading to its full capacity. Accounts for the business show a steady turnover producing a net profit of around £27,000, however there is real scope to increase sales or profit by renting out chairs to other stylists.
Premium offers of around £35,000 are sought for the leasehold interest in the business, the trade fixtures, fittings, furnishings and equipment, together with the goodwill of the business being sold complete as a going concern.
A new 10 year FRI lease is offered on negotiable terms at a passing rent of £15,000 per annum.
The EPC rating will be provided on request.
Floor plan is not available for this property.