Traditional Barber Shop in Surrey For Sale

Situated in a parade, SURREY

Price £70,000

Features

Traditional Barbers Shop

6 DAYS OPENING

SINGLE FRONTED PREMISES in the region of 225 ft² with vinyl floor, spot lights, Reception desk, cash register

3 work stations with chairs & mirrors

1 basin.

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

Kitchen

Turnover

WE UNDERSTAND the business enjoys a good turnover, full details will be discussed upon inspection.

Staff

The business is at present operated by the vendor with 2 full time staff and 3 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 9am - 5.30pm
SATURDAY 8.30am - 5pm

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 August 2023 with reviews every 5 years (next review 2028) at a current rent of £12,000 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 35,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote