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2007 Award-Winning Barber Shop with Modern Interior for Sale in Reading Berkshire

Reading, Berkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    21/07/21

  • Advert ID

    279976

  • Leasehold: £75,000
  • Rent: £10,200
  • Turnover: £130,000 (£2,500 Per week)
  • Net Profit: £90,000 (70% Profit margin)

Key Features

  • New Lease
  • Established Business
  • Ideal for Full Refurbishment
  • Close to Local Amenities
  • Fully Fitted
  • With Car Park
  • Potential for Alternative Use

Business Details

Award Winning Barber Shop Since 2007 In Reading For Sale

Award-Winning Barber Shop Since 2007 In Reading For Sale.

SINGLE FRONTED MEDIUM SIZED BARBERS SHOP marble black tiles ceiling with inset LED lighting. Three barbers chair each with mirror & washbasin: comfortable 5-seater sofa and five extra chair seating for customers' waiting.

Closed to college and university and have good potential to increase business

Cloakroom with w.c. & wash hand basin.

They're a big office on the back which I am not using that space, but it can rent it out, or you can extend that space.

Turnover.

Turnover averages £130000 per annum, in our opinion offering further potential to increase in the right hands.

Tenure.

The present lease having approximately six years. Extendable lease for long terms at a rental of £10200 p. A.

Uniform Business Rates: Nil payable after small business relief.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED.

Price.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS ALL 75,000 STOCK INCLUDE.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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