Search more Barber Shops for sale in West Sussex
Reference M5111

Modern Barber Shop in West Sussex For Sale

Register to see map and to make an appointment Situated in a Parade, excellent Town Centre trading position, residential, office and commercial area, W Sussex.

Turnover 2,500
Price 85,000

Features

Modern Barbers

6 DAYS OPENING

DOUBLE FRONTED PREMISES, laminated strip floor. 4 Work stations with mirrors and sinks. Cash register

Customers' Seating area.

Staff toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages 2,500 p.w.

Staff

The business is at present operated by the vendor with 1 full time cutter with the assistance of 1 part time staff as required.

Trading Hours

6 Day week (MONDAY - SATURDAY) 9am - 5.30pm
THURSDAY 9am - 7pm

Accommodation

THE SELF CONTAINED ACCOMMODATION entrance via door to the rear of the shop to FLAT, all in GOOD CONDITION with Storage Heaters, Sash windows in at present let on a shorthold tenancy providing a rental income of 10,800 p.a. over 2 floors:

OPEN PLAN Lounge with Kitchen.
2 Bedrooms (1 double, 1 small single).
Bathroom with bath, w.c. and wash hand basin.

Outside

Small Yard

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, with one year left to run at a rental of 14,000 p.a. (As will be appreciated with the current rental income at present of 10,800 p.a. the net rental payable at the present time is only 3,200 p.a). We are advised the Landlord will accept a surrender of the existing lease and subject to satisfactory references, grant a new 10/15 years lease at a rental of 14,000 p.a. with 5 yearly reviews.

Uniform Business Rates: Nil payable after full relief (Please contact local authority to confirm)

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 85,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 42,500 (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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