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LEASEHOLD MALE GROOMING BUSINESS

Forest Hill, London
LEASEHOLD  MALE GROOMING BUSINESS Photo 1
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LEASEHOLD  MALE GROOMING BUSINESS
  • Leasehold: £50,000
  • Rent: £16,000
  • Turnover: N/A £0 Per week
  • Net Profit: Not Applicable

Business Details

STUNNING WELL EQUIPPED PREMISES - PRIME LOCATION - NEW LEASE RENT ONLY £16,000 P.A. - TURNOVER £120,000 P.A.

Location

These stylish appointed and extensive premises occupy a prominent trading location in Forest Hill, being 100 m from the Rail station and close to multiple stores and independent retailers. The business enjoys excellent footfall and serves a well populated catchment area.

Business

The business was established by our Clients in 2018 and is now only being marketed as a result of partnership dissolvement. The business trades as a male grooming rooms with treatment rooms, barbering area and a lounge/reception are with potential for a Bar. The premises have Sui generis planning. Tremendous potential exists for longer opening hours and diversification into unisex beauty treatments.

Turnover

£120,000 P.A.

Hours

11.00am to 8.00pm Tues to Fri (10-5 Sat) Closed Sun and Mon

Premises

Mid parade premises with attractive frontage and single entrance to: Ground Floor (523 sq/ft) Reception area: tastefully decorated and furnished to a high standard. Customer W.C and W/basin. Lower Ground Floor: (914 sq/ft) Barbering Area: with 3 cutting positions, backwash basin. Store Room: Bifold doors to charming tropical themed garden. First Floor: (462 sq/ft) with Tailoring area: Massage Room with couch. Pedicure area:

Tenure

New 10 year lease to be granted.                                  RENT - £16,000 P.A. (5 year reviews)

EPC Rating

TBA

Business Rates

£4,657 P.A. payable 22/23

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Key Features

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Contact the seller for more details, or book a viewing

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

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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.

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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.

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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.

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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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Contact seller

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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