FOR SALE

LICENSED TRADE & LEISURE

Moodz, 40 Bridge Road, Edinburgh, EH13 0LQ

• Well established salon with a high quality fit out.

• Situated on an attractive retailing pitch.

• Four Cutting stations, two basins and a beauty room.

• 48.78 sq.m / 525 sq.ft.

• Passing rent £10,000 per annum.

Scotland’s Leading Property Consultancy Firm Find out more at www.g-s.co.uk

Location
The subjects are located on the north
side of Bridge Road in the Collington
area of Edinburgh. The village is a hive
of activity supported by surrounding
occupiers such as; Citidogs, Java
Moment, The Collington Inn and
The Pantry. The Co-op has recently
opened which encourages residents
to spend both shopping and leisure
time in the immediate area.
Property
Moodz Hairdressing Salon is a ground
floor retail unit constructed in stone,
forming part of a wider parade of units
under a pitched slate covered roof.
Internally, the subjects are fitted out
to a high standard, currently providing
4 cutting stations, 2 hair washing
stations, a beauty treatment room, a
staff breakout area and WC.
Services
Mains drains, electricity, water
(metered) are all connected to the
property. There is no gas supply.
Exclusions
There will be no exclusions from the
sale of the business.
Rented/Hired/Leased Equipment
We understand that there is no rented,
HP or leased equipment here.
Staff
We understand that there are 3
members of staff and 2 self-employed
specialists within the business.
Trade
The business is that of a hair salon and
beauty therapy provider, run under
the direct supervision of the owner.
Business is generally derived from
repeat custom and passing trade, with
regulars making up the vast majority
of customers. We understand that
the business currently trades on a
restricted week, closing on a Monday
and Sunday, and trading from 9am to
5pm Tuesday, Wednesday, Thursday
and Friday, and 9am to 4pm on a
Saturday. Advertising is restricted to
2 local publications, Facebook and
the businesses own website, all of
which will be included within the sale.
Haircuts range from £18 to £32 for a
trim, wash and blow dry, colouring
from £30 to £65, gent’s haircuts are £12
to £18 and young adults are £15 to £27.
Beauty treatments range from £30 to
£45 for a massage, up to £105 for a full
facial. Waxing packages range from
£8 to £20 and tints from £9 to £17.
Accounts will be provided to interested
parties following a formal viewing.
Scotland’s Leading Property Consultancy Firm
Tenure
We understand that the subjects are
currently leased on a 15 year lease,
which is due to expire in 2019.
Rent
TBC
Rates
We are advised that the Rateable
Value is £8,000.
VAT
The property is not elected for VAT.
Price
Offers over £20,000 are invited for the
leasehold interest in the property, the
trade fixtures, fittings, furnishings and
equipment, together with the goodwill
of the business, which is to be sold
complete as a going concern.
Viewing
Strictly by appointment only to be
made through Graham + Sibbald.
Offers
All Offers, couched in Scottish Legal
Terms, should be submitted to the
Owners Sole Selling Agents, at the
address below
To arrange a viewing contact:
Brogan Grier
Surveyor
brogan.grier@g-s.co.uk
0141 567 5364
Peter Seymour
Head of Licensed Trade & Leisure
peter.seymour@g-s.co.uk
0141 567 5378
IMPORTANT NOTICE
1. These particulars are intended as guide only.
Their accuracy is not warranted or guaranteed.
Intending Purchasers/Tenants should not rely
on these particulars but satisfy themselves by
inspection of the property. Photographs only
show parts of the property which may have
changed since they were taken.
2. Graham + Sibbald have no authority to give any
representation other than these particulars in
relation to this property. Intending Purchasers/
Tenants take the property as they find it.
3. Graham + Sibbald are not authorised to enter
into contracts relating to this property. These
particulars are not intended to nor shall they
form part of any legally enforceable contract
and any contract shall only be entered into
by way of an exchange of correspondence
between our client’s Solicitors and Solicitors
acting for the Purchaser/Tenants.
4. All plans based upon Ordnance Survey maps
are reproduced with the sanction of Controller
of HM Stationery.
5. A list of Partners can be obtained from any of our
offices.
6. Date of Publication: May 2018
Find out more at www.g-s.co.uk