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Ayr Rd - The Avenue Shopping Centre 580 sq ft Retail Unit Offered at £70,000 in Newton Mearns G77 6EY
Investment Highlights
- Well established salon
- Excellent location
- Space for additional treatment room
Executive Summary
The premises are located in the middle of an affluent shopping centre on the south side of Glasgow. The centre which is fully occupied contains many quality tenants including national retailers such as Marks & Spencer, Asda, Boots and Holland & Barrett as well as established local businesses. The shop extends to approximately 55m2 (580sqft) and comprises the front retail area, beauty treatment room, office and toilets. The centre benefits from an ample free dedicated car park.
Property Facts
| Total Property Size | 202,000 sq ft | Typical Floor Size | 78,224 sq ft |
| Property Type | Retail (Unit) | Year Built | 1965 |
| Property Subtype | Shopfront | Total Plot Size | 13.19 ac |
| Costar Property Class | B | Parking Allocation | 9.01/1,000 sq ft |
| Floors | 1 |
| Total Property Size | 202,000 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 78,224 sq ft |
| Year Built | 1965 |
| Total Plot Size | 13.19 ac |
| Parking Allocation | 9.01/1,000 sq ft |
Amenities
- Property Manager on Site
- Security System
- Roller Shutters
- Storage Space
- Air Conditioning
1 Unit Available
Unit Salon
| Unit Size | 580 sq ft | Unit Use | Retail |
| Price | £70,000 | Sale Type | Investment |
| Price Per sq ft | £120.69 | Tenure | Long Leasehold |
| Unit Size | 580 sq ft |
| Price | £70,000 |
| Price Per sq ft | £120.69 |
| Unit Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
Description
A very well established and profitable up market beauty salon and perfumery, it is a successful independent stockist of many quality brands such as Lancôme, Clarins, Hermes and Chanel. The purpose built beauty treatment room provides a comprehensive range of beauty therapies and is usually full booked. There is space for a second treatment room. The business also stocks a large range of designer fragrances, make-up, other beauty products and fashion accessories. An attractive owner managed business which is well located in the middle of a quality retail centre on the affluent south side of Glasgow.
Sale Notes
This is a well established, successful up market beauty salon and perfumery.
Fully booked beauty salon with employed therapist. Potential for second treatment room which would double therapy income.
Complementary retail business with many exclusive distribution agreements with quality brands such as Clarins “Gold Star Salon”, Lancôme, Chanel and Hermes.
Total annual net turnover £237,000. Busy shopping centre in an affluent area with a lease until 2029.
Limited Company sale of both beauty salon and retail business including stock at offers over £70,000 plus net assets of circa £20,000.
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Ayr Rd - The Avenue Shopping Centre
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