Modern Barber Shop in North London For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, NORTH LONDON

Turnover £ 1,800
Price £80,000

Features

Modern Mens' Barber Shop

SINGLE FRONTED PREMISES, in the region of 650 ft², CCTV (8 cameras), Non-slip industrial vinyl floor, plasterboard ceiling with LED lighting.

Customer waiting area, 2 chesterfield sofas.

5 Fully equipped cutting stations including chairs, mirrors and storage.

1 Back basin.

Sales counter with cash register.

'VIP' room with 3 cutting stations including chairs, mirrors and storage.

Staff cloakroom with toilet and wash hand basin.

Kitchen with cupboards, fridge, sink, kettle, etc.

Utility room with washing machine and tumble dryer.

Shower room with wash hand basin.

Separate toilet.

Office.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,800 p.w.

The business has an excellent local reputation with tremendous capacity to employ more staff and extend the services offered.

Staff

The business is at present operated by the 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SUNDAY 9 a.m. - 7 p.m.

Outside

Garden to rear.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 15 years in 2020 with reviews every 5 years (next review 2030) at a current rent of £24,000 p.a.

Business Rates from April 2026 £6,000 approx. (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 40,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote