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Reference M5198

Barber Shop with Bar in Essex For Sale

Barber Shop with Bar in Essex For Sale
Barber Shop with Bar in Essex For Sale Buy a Barber Shop with Bar in Essex For Sale Sell a Barber Shop with Bar in Essex For Sale

Register to see map and to make an appointment Situated in a parade, excellent High Street trading position, residential, office and commercial area, ESSEX

Turnover £ 4,000
Price £130,000

Features

Barbers with Bar (licence Pending)

6 DAYS OPENING

Spent £65k in 2021 doing a full refit.

DOUBLE FRONTED PREMISES PREMISES in the region of 760 ft² with canopy. Industrial non-slip floor, high ceiling with LED lights. Air conditioning (hot/cold). 6 work stations with chairs, mirrors and sinks, 4.5 meter Chesterfield settee for customers' waiting. Reception desk, cash register.

Wood Clad Bar with glass fronted drinks fridge

Toilet with w.c. and wash hand basin

Staff room

Stock room

2 Office's.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,000 p.w.

Staff

The business is at present operated by 2 partners with 1 full time barber

Trading Hours

6 Day week
MONDAY, THURSDAY, FRIDAY 8am - 6pm
TUESDAY & WEDNESDAY 8 - 8pm
SATURDAY 7.30am - 5pm

Outside

Parking space for 3 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 5 years in 2019 with reviews every 5 years (next review 2024) at a current rent of £19,800 p.a. We are advised the Landlord is happy to grant a new longer lease at terms to be agreed

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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