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(REF: M2585)  Old Established Barbers Shop Plus Adjoining Dry Cleaning Agency
 
Seller Reference: M2585
B4S Reference: 02152
Asking Price: £200,000
Net Profit: Undisclosed
Sales Revenue: £156,000
Number of Staff: 1
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: North London, London, United Kingdom
  Business Summary   
  Nationwide are pleased to offer to the market : SINGLE FRONTED BARBERS SHOP with tiled floor, suspended ceiling with concealed lighting. Well equipped including reception area with 10/12 chairs for customers waiting, 4 barbers chairs, mirrors, 1 back basin.

Adjoining SINGLE FRONTED DRY CLEANING AGENCY SHOP with internal access to the Barbers Shop. Tiled floor, suspended ceiling with concealed lighting. Counter.

Basement with good ventilation system, overlocking machines, 1 sewing machines, 2 finishing tables, boiler, 3 washing machines, tumble dryer, bagging machine

Small Kitchen
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover in respect of the Barbers shop is in the region of £2,500 p.w. We are further advised that the turnover in respect of the Dry Cleaning Agency plus alterations is in the region of £500 p.w.

We understand the premises are held on a secure renewable lease for a period of 15 years from June, 2008 at a rental of £18,000 p.a. exclusive of rates up to June, 2012, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £5,500 p.a. approx. + water rates

RECOMMENDED FOR EARLY INSPECTION

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £200,000 or near offer plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
  Property Information   
  Property: Leasehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: The accommodation in the form of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy and provides a rental income of £250 p.w. We understand that if the accommodation is not required for private use, the rental income during the summer months can increase to approximately £350 per month, if desired. The FLAT with FULL GAS FIRED CENTRAL HEATING, comprises:

1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin
Lounge with Kitchen area

Shared yard at rear
 
  Location: Situated in a parade, office and tourist area, close to the LONDON, NW
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  9 a.m. - 8 p.m. seven days per week
  Summary of Staffing   
  The business is staff operated. Staff employed 3 full time in respect of the Barbers shop plus 1 full time in respect of the Dry Cleaning Agency.





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