FOR SALE
640347
6905M / Rightbiz
This well-established barber shop occupies a prominent corner trading position in Worthing, West Sussex, just a short distance from Worthing Mainline Train Station. The location enjoys exceptionally high footfall throughout the day, attracting a steady stream of commuters and residents. Having traded successfully for over 18 years, the business has built a strong and loyal client base and enjoys an excellent local reputation, reflected in its impressive 4.9★ Google rating. The premises are presented in excellent condition and offer a welcoming, professional environment — a turnkey opportunity for a new owner to continue and build upon this long-established success.
THE PREMISES: An excellent opportunity to acquire a well-presented and established barber shop, ideally situated on a prominent corner premises in Worthing. The business enjoys a highly visible position close to Worthing Mainline Train Station, on a busy parade of shops surrounded by a large residential catchment area, ensuring consistent footfall and regular repeat trade. The premises are in excellent condition throughout, with floor-to-ceiling windows on two sides that fill the space with natural light and create a bright, welcoming environment. The interior is fully fitted and ready to trade, featuring three barber stations, each with a professional chair, mirror, and shelving, along with a reception desk and comfortable waiting area. Additional facilities include a separate kitchenette and toilet, providing everything needed for smooth day-to-day operation. Externally, the business benefits from forecourt parking for three cars, offering convenient access for clients, a rare advantage in this busy area.
TURNOVER: The business is run by the vendor who works full time and is currently the only barber. The business is open from 9am to 5pm Monday -Tuesday and then Thursday-Friday and 8am-12:30pm on Saturday. The average weekly turnover is £1,200 per week. There is enormous scope to having additional barbers working from the premises to increase turnover, whether this be on a chair rental or salaried basis.
TENURE: The current lease is due to expire in November 2026 and has a current rent of £7,875 per annum. The current tenant also pays a service charge of £100 per month which covers the buildings insurance. The landlord would be open to granting a new lease to the purchaser.
RATES: The current rates payable at present are zero due to small business rate relief scheme. The rateable value of the property is £6,700 per annum. Prospective occupiers should make their own enquiries to verify same.
GENERAL REMARKS: The concern is extremely well presented, it has been fitted and equipped to a high standard. The business has the benefit of secure a lease. Low overheads. Established client base. High footfall throughout the year.
PRICE: We are instructed to quote for the lease, goodwill, trade fixtures and fittings Price reduction £22,500.SAV
LEGAL FEES: Each party to be responsible for their own legal costs. The purchaser is also required to contribute 50% towards the landlord’s legal and agency fees.
VIEWING: On no account should any approach be made to the Manager or the staff without a prior appointment through the vendor’s agents, Watkins Commercial, Telephone: 01273 709090.
ENERGY PERFORMANCE CERTIFICATE: The premises has been rated a Band E, the full report is available on request.
DISCLAIMER: Neither the Vendor nor the Agent gives or implies any warranty that
the premises are fit for any particular use or that they comply with any relevant regulation or statutory requirement.
The agents have not tested any apparatus, equipment, fittings or services so cannot verify that they are in working order. The buyer is advised to obtain verification from their solicitor or surveyor before proceeding with the purchase.
VAT: All prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.
MORTGAGE & FINANCIAL PLANNING: We shall be pleased to assist any purchaser in arranging finance to acquire this business or any other business you may be considering subject to status.
Prop. Ref: 6905M
These particulars are believed to be correct but their accuracy is not guaranteed and
they do not form any part of any contract
APPLICANTS CONFIDENTIALITY AGREEMENT
I understand and agree that any information regarding any business supplied to by Watkins Commercial will be kept strictly confidential. I also undertake that I will:
i) View businesses registered with Watkins Commercial by appointment only.
ii) Not contact any owner, staff, suppliers, competitors or customers of any business registered with Watkins Commercial
iii) Not pass on any information supplied by Watkins Commercial to any third party other than a professional advisor et. Bank, solicitor, surveyor accountant, etc.
iv) Submit any offers direct to Watkins Commercial with whom I will conduct all negotiations
v) Be liable for any commission which would have been due to Watkins Commercial should I be party to negotiations or actions which seek to preclude, or are contrary to the interest of Watkins Commercial
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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