Long Established Barber Shop in Surrey For Sale

Business located, excellent, unopposed, main road trading position, residential area, SURREY BORDERS.

Turnover £ 1,500
Price £34,500

Features

Long Estasblished, Staff Run, Barber Shop

DOUBLE FRONTED PREMISES, in the region of 425 ft², WITH ELECTRIC SHUTTERS, CCTV (3 cameras), Laminate flooring, suspended ceiling with light panels.

Customer waiting area with seating for 10 customers.

Reception counter, cash register.

3 Barber's chairs and fully equipped cutting stations.

Staff cloakroom with toilet and wash hand basin.

Staff rest area with fridge, kettle etc.

Office.

Turnover

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

Staff

The business is at present operated by the staff with 2 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 10 a.m. - 7 p.m.
SUNDAY 10 a.m. - 5 p.m.

Outside

Yard.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) at a current rental of £10,000 p.a.

We are advised the Landord is prepared to grant, to an approved applicant, a new 10 years full repairing and insuring lease with 5 yearly rent reviews at an initial rent of £12,000 p.a. We are advised when the tenant undertakes renovations they will be required to line the ceiling with fireproof plasterboard.

Business Rates from April 2025 £3,050 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2007, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £34,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 17,250 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote