Summary - Marchmont Street, London WC1N 1AP
1 bed 1 bath Shop
Turnkey central retail unit near universities and shops, ideal for cash buyers.
Turnkey hair salon with five styling stations and private treatment room
409 sq ft compact retail unit — efficient open-plan layout
Prime Bloomsbury location with strong pedestrian footfall and transport links
Premium £75,000; Annual rent £24,000; Business rates c. £19,000 pa
Leasehold with only 5 years remaining — lenders likely to refuse mortgages
High local crime rate — may affect staffing, security and insurance costs
Very slow broadband speeds; limited scope to increase floor area
Suitable for cash buyers, investors or owner-operators willing to re-gear lease
This compact retail unit on Marchmont Street offers a turnkey salon in central Bloomsbury with immediate income potential. The premises are well finished, with five styling stations, a private treatment room and back-of-house staff facilities — ready for continued salon or beauty use.
The location delivers strong pedestrian footfall from residents, students and professionals and benefits from excellent transport links. At 409 sq ft, the unit suits an operator seeking a small, well-located business or an investor targeting steady city centre rental income.
Important practical considerations: the lease has only five years remaining and lenders will likely refuse mortgages on this interest. Annual business rates are high relative to turnover and broadband is very slow. Crime levels in the area are above average, which may affect staffing and insurance costs.
Price and running costs are clear: premium £75,000, rent £24,000 pa and business rates c. £19,000 pa. This is a short-term, high-footfall opportunity for a buyer who can manage the lease constraints and operating overheads, or for a cash purchaser able to refinance lease terms or negotiate a new agreement.
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