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2 Popular Derbyshire Barbers that enjoy highly visible trading positions and good footfall

Derby, Derbyshire
Leasehold Price:
£129,999
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
247415
Reference
1335 / Rightbiz

Details

  • 2 Popular Derbyshire Barbers
  • Both enjoy highly visible trading locations
  • Extremely well-presented throughout
  • Generates a healthy turnover and profit
  • Range of quality fixtures & fittings
  • Fantastic change of lifestyle opportunity
  • Excellent local reputation
  • Turnkey Business
  • Potential to increase sales & profits
  • Big social media following

Falcon Commercial is delighted to offer for sale these well fitted Barbers. The business has been run by our client since 2013 (The St Peters Mall branch more recently) during which time he has made considerable investment and improvements to the premises. It is now reluctantly being placed on the market as our client wishes to explore other business interests. During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere and friendly service.

The Barbers Lounge operates from 2 substantial premises which are extremely well fitted out, both having features such as PlayStation 4’s and televisions.

The business is run by the proprietors predominately on a walk-in and appointment basis.  We are advised that it generates a healthy turnover with high gross profit margins. There is tremendous potential to increase the turnover and profits, possibly by running a modest marketing campaign or by extending the opening hours to include evenings. Alternatively, more staff could be employed either directly or on a self employed “rent a chair agreement”.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.

The Premises

Both in substantial and well-maintained buildings, benefiting from being in a highly visible trading positions that have good footfall. There is a good mix of thriving independent and multiple businesses close to each branch along with plenty of customer car parking nearby.

Each premises are fitted and presented to high trade specifications throughout.

Each premises briefly comprise:

Borrowash

  • Open plan Barbershop with 5 Barbers chairs
  • Toilet
  • Kitchen

St Peters Mall

Ground Floor

  • Open plan Barbershop with 3 Barbers chairs and 6 cinema seats in waiting area

First Floor

  • Open plan Barbershop with 3 Barbers chairs
  • Toilet
  • Staff room

Business Details

Turnover

We are advised the both units generate a turnover in the region of £250,000 per year.

Business Rates

  • Current Business Rates payable: nil. Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Opening Hours

Borrowash

  • 9.00am – 5.00pm Mon – Wed
  • 9.00am – 7.00pm Thursday
  • 9.00am – 5.00pm Friday
  • 8.00am – 2.00pm Saturday

St Peters Mall

  • 9.00am – 5.00pm Mon – Wed
  • 9.00am – 7.00pm Thursday
  • 9.00am – 5.00pm Friday
  • 9.00am – 4.00pm Saturday

Accounts

  • Accounts will be provided to genuine purchasers after a formal viewing

Legal Costs

  • Each party to bear their own legal costs incurred in the transaction. This may not include the Landlord

Stock

  • The business stock value is: £400.00

Staff

  • The business was run by the proprietor with help from a dedicated team of full and part time staff who all work on a self-employed basis.

EPC Rating

  • EPC Rating: TBC

Tenure

Borrowash

We are advised that a new lease will be available for suitable applicants, the details of which are to be agreed. The current rent payable is £600 per month.

St Peters Mall

The premises are held on a secure 5 year lease of which 4.5 years remain. The current rent payable is £15,600 per year plus a service charge of £4,227 per year.

Please Note: The Code for Leasing Business Premises in England and Wales strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through the website:  www.leasingbusinesspremises.co.uk

Viewing

Strictly by appointment with the vendor's agents, Falcon Commercial, Second Floor 114-116  High Street Honiton EX14 1JP on 01404 758081

Agents Note

At the request of the owner of we would ask that you do not attempt to contact them directly and that all communications go through Falcon Commercial. Thank you

Seller Details
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Listing Details
Leasehold Price: £129,999
Tenure: Leasehold
Sector: Barbers, Hairdressers, Hair & Beauty
Financials
Annual Turnover: £250,000
Annual Net Profit: Available upon request
Key Features
  • Accounts Available
  • High Turnover
  • Established Business
Listing Statistics
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