| (REF: M3238) Old Established Barbers |
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| Seller Reference: |
M3238 |
| B4S Reference: |
27315 |
| Asking Price: |
£12,500
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£26,000 |
| Number of Staff: |
1 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Bedfordshire, the East of England, United Kingdom |
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Nationwide are pleased to offer to the market : Ample Car Parking nearby
SINGLE FRONTED BARBERS SHOP approx. 5m x 10m depth. Quality ceramic tiled floor. We understand the Barbers Shop was refurbished approximately 4 years ago. 5 work stations with mirrors and chairs, 2 front basins, 1 back basin.
Reception area with seating for 4 persons
Cloakroom with w.c. and wash hand basin
WE ARE INFORMED the turnover averages £500 p.w. in our opinion offering tremendous potential for further increase in the right hands.
The vendor owns the freehold and in respect of the shop premises is prepared to grant a new 9 years full repairing and insuring lease at a rental of £10,400 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 3 years.
Uniform Business Rates Nil payable at present due to small business relief
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 44 YEARS AND THE VENDOR NOW WISHES TO RETIRE, HOWEVER, WE UNDERSTAND THE PRESENT OWNER WOULD BE PREPARED TO CONTINUE ON A PART TIME BASIS TO HELP TOWARDS A SMOOTH TRANSITIONAL PERIOD.
RECOMMENDED FOR EARLY INSPECTION
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £12,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
As an optional extra there is a SELF CONTAINED BEDSITTING ROOM with shower plus in addition kitchen area, available on a shorthold tenancy at a rental of £60 per week.
We understand from the present owner there is currently a Cottage available to let at the rear of the premises at a rental of £750 per month, if required.
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Location: |
Situated in a parade, excellent main road trading position, opposite a large college plus hotel nearby, BEDFORDSHIRE |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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CLOSED SUNDAY & MONDAY
Tuesday - Saturday inclusive - 9.30 a.m. - 5.30 p.m.
We understand there are no restrictions as to opening hours and in our opinion there is terrific potential for additional opening hours, if desired. |
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The business is at present operated by the owner with the assistance of 1 part time staff on Saturday catering for ladies hairdressing plus lady barber part time |
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