Attractive Barber Shop in Hertfordshire For Sale

Situated in a parade, main road trading position, residential area, HERTFORDSHIRE

Turnover £ 1,150
Price £45,000

Features

Barbers Shop

FREE PARKING FOR 1 HOUR IN FRONT OF PARADE
5 DAYS OPENING
CHEAP RENT

ATTRACTIVE DOUBLE FRONTED BARBERS SHOP in the region of 210 ft² fully equipped including 3 chairs for customers' waiting. Electric cash register, 2 work stations with chairs & mirrors (could be extended), 1 back basin with chair.

Cloakroom with w.c. & wash hand basin
Basement, used for storage purposes

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,150 p.w.

Staff

The business is at present operated by the vendor plus 1 chair rent £350 per month

Trading Hours

5 Day week
TUESDAY - FRIDAY 10am - 6pm
SATURDAY 9am - 5pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2022 with reviews every 5 years (next review 2027) at a current rent of £5,400 p.a.

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

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2011, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £45,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 22,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote