»Featured Property
BARBER SHOP
LOCATION: Located on the busy shopping street of Harrow, this lock up salon is sited in a parade of shops where complementary trades are represented that serve this highly sought after commercial and residential locality of Harrow.
THE BUSINESS: The business commenced trading some ten months ago established from scratch by our client who we understand spent nearly £25k in renovation and furnishing the salon. The business over the period of time has established a very high reputation for its services. Due to personal reasons our young client has now decided not to remain tied up in the business, hence, the business is offered for sale before reaching its full capacity. We feel there is tremendous potential for the new owners to exploit further on a solid base as already laid.
The present owners gutted the entire premises and installed all new top of the range fitments at the same time he had the property completely rewired, refurbished to a very high standard at a considerable cost in excess of £25K. All the floor areas measuring approximately 550 sq ft have been laid to terrazzo tiles, installed false ceiling, air conditioning, spot lighting and new windows and doors put in. As mentioned the en tire salon has been newly equipped which are not more than ten months old as is obvious on inspection. Briefly the salon comprise of 4 dressing up positions with 1 back wash position, top quality chairs and all the tools of the trade are included in the sale. There is the reception area for the customers to wait and to the rear are the kitchenette, the toilet facility and the rest room.
TURNOVER: We are advised the weekly takings averages £900/£1,000 per week and is all the time rising. Obvious potential here. Usual high margin of profits available in this sort of cash trade. Accounting information available to genuine purchasers.
HOURS: 9.30 am to 6.30 pm Monday to Saturday
11.00 am to 5.00 pm Sunday
ACCOMMODATION: Lock up
TENURE: Held on London Transport lease balance of 7 years remain with rent review 5 yearly at rental of £9,500 per annum exclusive of rates for next two years and reviewed thereafter. Uniform business rates payable £1,900 per annum approx.
VIEWING: No direct approach must be made to our client. We will gladly arrange appointments to view at a mutual convenient time to both vendor and viewer.
PRICE: £45,000 plus stock at valuation ( Stock: Minimum)
Category:
Barber Shop/Gents Hairdressers
Tenure: Leasehold
Price: £45,000.00
Ref. No: M1315
Location: Harrow
Lot Size: 0 Acres
Total Sq. Footage: 0 sqft
Parking Spaces 0 Cars
No. of Floors: 0
No. of Rooms: 0
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