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Reference M5307

Modern Barber Shop in Warwickshire For Sale

Modern Barber Shop in Warwickshire For Sale

Register to see map and to make an appointment Situated in a parade of shops, busy road, residential area not WARWICKSHIRE

Turnover £ 1,300
Price £39,500

Features

Well Fitted Modern Barbers

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 840 ft² WITH ELECTRIC SHUTTERS. Kardean flooring, suspended ceiling with spotlights & chandeliers. EPOS till.

2 settees for customers' waiting

3 work stations with chairs & mirrors

Stockroom / Staff Room

Toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,300 p.w.

Staff

The business is at present operated by the vendor with the assistance of 2 part time cutters.

Trading Hours

6 Day week
MONDAY, TUESDAY, THURSDAY 9 a.m - 6 p.m
WEDNESDAY & FRIDAY - 9 a m - 7 p m
SATURDAY 8 a.m - 5 p.m

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2020 with reviews every 4 years (next review 2024) at a current rent of £11,000 p.a. plus VAT. In addition we understand there is a service charge of £2,000 p.a. approx.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2000 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £39,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 19,750 (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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