Hair Salon with Six freehold apartments with in London
- £1,300,000
Overview
- Business, Hairdressers Salons, Service Businesses
Description
This freehold mixed-use property in the London Borough of Wandsworth presents a compelling investment opportunity. The property features a ground-floor commercial unit, currently operating as a salon, alongside a six-room HMO on the upper floors. The residential units, which were all refurbished in recent years, are fully occupied and generate a substantial annual income of £58,500.
The ground-floor shop, 43.1 sqm (464 sqft), is owner-occupied as a salon with 2 beauty rooms. The upper floors 6 room HMO, totals 119 sqm (1,281 sqft), with all units recently refurbished and let on standard ASTs. The commercial unit generates £36,000 rent annually, while the upper-floor HMO can add £58,500 in yearly income totalling to 94,500. Additionally the Salon brings in 81,000 T/O Per Annum.
Details
Updated on February 16, 2025 at 6:44 pm-
Price £1,300,000
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Property Type Business, Hairdressers Salons, Service Businesses
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Property Status For Sale
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Tagline Hairdressers Salons
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Annual Turnover £80,630
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