Trendy Barber Shop and Studio in Nottinghamshire For Sale

Situated in a Parade, excellent main road trading position, residential, office and commercial area, Nottinghamshire.

Turnover £ 3,500
Price £78,000

Features

Trendy Luxary Barbers Shop

6 DAYS OPENING
FASHION RETAIL SECTION
FULLY EQUIPPED TO A HIGH STANDARD BASEMENT PHOTOGRAPHY STUDIO
DESIGNER INTERIOR

SINGLE FRONTED PREMISES with vinyl floor, ceiling with LED lights, Reception desk, EPOS till, 4 work stations with chairs & mirrors, back wash basins with chairs, advertising screen.

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

Basement, used as photography studio

Kitchen

Turnover

WE ARE INFORMED by the owner the turnover currently averages £3,500 p.w.

Staff

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

Trading Hours

6 Day week
MONDAY - FRIDAY 9am - 6pm
SATURDAY 9am - 6pm
Closed Sundays

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 2023 with reviews every 5 years (next review 2028) at a current rent of £25,000 p.a. plus vat

Business Rates from April 2024 £2,000 approx. after small business relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £78,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 39,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote