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Sovereign Sells Hair Salon In Glossop After 3 Months On The Market

Manor Hair Sold By Sovereign

Sovereign is delighted to announce the sale of the leasehold interest of Manor Hair in Glossop, Derbyshire.

Manor Hair has been sold on behalf of Mrs Pickford, who had owned and operated the business for nineteen years, to an experienced mobile hairdresser.

At Manor Hair the staff pride themselves on their technical abilities and cutting expertise. The salon is extremely well-known within the area by both locals and passing trade who appreciate the high standard of hair dressing on offer. This thriving hair salon has an excellent regular clientele and has been established for over 25 years, with the current owners trading for 19 years.

The salon is newly decorated and nicely appointed. All the equipment has been newly P.A.T tested.This business has low overheads and running costs and turnover of the business could be increased by incorporating nail and beauty treatments and extending the limited trading hours by introducing late evening opening whilst encompassing both male and female clients.

Janine Flether-Thomas, who handled the sale, commented: “During Mrs Pickfords nineteen years of ownership, she developed strong client base and invested heavily in quality salon fixtures and fittings. As a result, we received strong interest in the business, and agreed a deal just two weeks after it was placed on the market. This sale demonstrates that a correctly priced hair salon will always be attractive to potential buyers.”

Manor Hair was sold off a leasehold guide price of £11,995+SAV.