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Reference M5839

Ultra Modern Barber Shop in South London For Sale

Ultra Modern Barber Shop in South London For Sale

Situated in a Parade, excellent trading position, residential, office and commercial area, SE London

Turnover £ 4,800
Price £130,000

Features

Ultra Modern Barber Shop

ONLINE BOOKING SYSTEM

DOUBLE FRONTED PREMISES in the region of 285 ft² WITH ELECTRIC SHUTTERS, settee for customers' waiting, tiled floor, suspended ceiling with spot lights and ring lights, Air conditioning with hot air, LED TV, CCTV system (2 cameras plus Smoke)

4 work stations with chairs & LED mirrors.

Toilet with w.c. and wash hand basin.

Stock room with TV and Sofa

Turnover

WE ARE INFORMED by the owner the turnover currently averages £4,800 p.w. The Accounts for the year ended 30th September2025 show sales of £206,813 and a gross profit of £204,741 before wages of £135,024

Staff

The business is at present operated 3 full time staff & 1 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 9am - 6pm
SUNDAY 10am - 5pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £16,800 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2022, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDOR'S EMIGRATING.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £130,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 65,000 (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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