Traditional Barbers in West Midlands For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, WEST MIDLANDS

Turnover £ 1,500
Price £49,950

Features

Traditional Turkish Barbers

5 DAYS OPENING

SINGLE FRONTED PREMISES WITH ELECTRIC SHUTTERS. Karndean flooring, spotlights & hanging lights. Well equipped including reception desk. Sofa for customers' waiting. 3 barbers chairs, 3 sinks, cash register.

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

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,500 /£2,000 p.w.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

5 Day week
TUESDAY - SATURDAY inclusive 9am - 6pm

Outside

Parking space for 1 car.

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 2018 with reviews every 5 years 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 FOR THE PAST 8 YEARS AND IS NOW SOLY OFFERED FOR SALE DUE TO THE VENDORS ILL HEALTH.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £49,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 24,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote