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CQ104-Gents Barbers & Hairstylists - London , London £280,000 |
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This successful and busy gent’s barbers and hairstylists were established in September 2002. The business has run very successfully and has a large client base which includes men of all ages.
The prominent location is on a very busy main road and shopping area, directly outside the tube station entrance. Due to a high level of walk in trade and repeat business the current owners do not need to advertise, however there is still good potential for an increase in both turnover and profits within the business.
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Potential: |
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This successful business has excellent turnover and profit but there is still plenty of scope to increase revenue through increased opening hours, such as trading on Sunday. |
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Lease Details: |
Their premises consists of glass double fronted windows with an entrance to a reception/waiting area with 6 chairs, stairs leading to a basement with 3 styling chairs, 2 basins, and a cloakroom.
The property has a renewable lease which runs for 25 years, commencing in 2002, the rent review period is 5 years. The rental is currently set at circa £22,500 per annum and rates payable circa £5,200 per annum.
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