Hair Salon with Six freehold apartments with in London

  • £1,300,000
London, England
Hair Salon with Six freehold apartments with in London
London, England
  • £1,300,000

Overview

  • Business, Service Businesses, Hairdressers Salons,Hairdressers Salons
  • Property Type

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.

Situated a short walk from the iconic Battersea Power Station, the property benefits from a vibrant locale with excellent transport links, including the Northern Line and nearby Overground stations. With its prime location and potential for capital appreciation, this property is a versatile investment, offering both immediate income and long-term growth opportunities.

Details

Updated on January 14, 2025 at 10:25 pm
  • Price: £1,300,000
  • Property Type: Business, Service Businesses, Hairdressers Salons,Hairdressers Salons
  • Tagline: Hairdressers Salons
  • Annual Turnover: £80,630
  • Website: https://www.intelligent.co.uk/businesses-for-sale/hair-salon-with-six-freehold-apartments-with-in-london-int3057

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