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Ayr Rd - The Avenue Shopping Centre 580 SF Retail Condo Unit Offered at $129,910 CAD 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 Building Size | 202,000 SF | Typical Floor Size | 78,224 SF |
| Property Type | Retail (Condo) | Year Built | 1965 |
| Property Subtype | Storefront | Lot Size | 13.19 AC |
| Building Class | B | Parking Ratio | 9.01/1,000 SF |
| Floors | 1 |
| Total Building Size | 202,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 78,224 SF |
| Year Built | 1965 |
| Lot Size | 13.19 AC |
| Parking Ratio | 9.01/1,000 SF |
Amenities
- Property Manager on Site
- Security System
- Automatic Blinds
- Storage Space
- Air Conditioning
1 Unit Available
Unit Salon
| Unit Size | 580 SF | Condo Use | Retail |
| Price | $129,910 CAD | Sale Type | Investment |
| Price Per SF | $223.98 CAD | Tenure | Long Leasehold |
| Unit Size | 580 SF |
| Price | $129,910 CAD |
| Price Per SF | $223.98 CAD |
| Condo 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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Nearby Major Retailers
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Ayr Rd - The Avenue Shopping Centre
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