No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Skip to main content
£289,999 | 558 sq ft
Added > 14 days

Retail property (high street) for sale

Freehold, Barber Shop, Suffolk Market Town
Save
Retail property (high street)
0 bed
0 bath
558 sq ft / 52 sq m

Property description & features

  • Tenure: Freehold
FREEHOLD BARBER SHOP located on the OUTSKIRTS OF TOWN CENTRE in this very distinctive HIGHLY BUILT UP RESIDENTIAL AREA that has AMPLE FREE PARKING in this HISTORIC SUFFOLK MARKET CATHEDRAL TOWN. The business has been ESTABLISHED 30+ YEARS that has been operated under the SAME OWNERSHIP SINCE 2016 by our client who worked in the business as far back as 2007 and who has brought the property to market with a GENUINE REASON FOR SALE. Being only the third owner since its establishment, the vendor and the business have an ENVIABLE REPUTATION amongst a LOYAL & REGULAR CLIENT BASE. The property is VERY WELL PRESENTED, benefits from ZERO RATES PAYABLE and is currently arranged as 5 x cutting stations with 1 x front wash. A very simplified price list with dry cuts from £11.50, re-styles from £12.00, cut, shampoo & blow-dry from £14.00, flat tops and skin fades from £13.50, really does offer scope to add services. Ideally suited for an experienced barber to own their own barber shop, this business also lends itself to an already established barbers looking to expand their current operation. Cost of Stock to be paid on Completion. This is a CONFIDENTIAL SALE and an EARLY VIEWING IS ADVISED. REF: RX257611 M6405S

Rooms

Location
The business is located just on the outskirts of the town centre in a highly built-up residential area with a small scattering of independent retailers in the surrounding and adjoining roads, with plenty of free time-restricted parking.

Exterior Front
A prominent corner premises with a centrally located UPVC and glazed front door entrance with almost full-height signed display windows on the side elevations. The premises further benefits from a wall-mounted barber pole and embossed signage on the central and side elevations.

Barber Shop
Well presented throughout with solid wood-type flooring, strip lighting, air con with heating, CCTV and comfortably accommodating 5 x cutting stations with wall-mounted mirrors and a large faux leather-type seating/waiting area to the immediate left-hand side. One of the cutting stations doubles up as a front wash and towards the rear of the barbers is the L-shape till serving counter with base level units and electronic till. At the rear of the premises there is a door leading into a cloakroom with a handwash basin and a separate internal door leading to the staff toilets. On the left-hand side is an internal door leading into the office/staff room with base level units, washing machine, tumble dryer and a large stock cupboard. The office/staff room also has kitchen facilities and an emergency exit.

Staff & Trading Hours
The vendor works full time and is assisted by 4 part-time members of staff. The business currently trades 9 am to 5 pm, Monday through to Saturday.

Turnover
Turnover on the last full set of accounts show net sales of £113,839 with a gross profit margin after staff expenses of approximately 41% yielding adjusted net profits in excess of £38,000. Full financial information will be disclosed at our client's discretion on or after a meeting.

Business Rates
The premises are subject to a rateable value of £5,200 resulting in zero business rates payable.

Disclaimer
Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.

Places of interest

    Request viewing/info
    Gilbert & Rose has become what they believe an Estate Agency should be – a leader in delivering high quality service with performance results to match.

    See more properties like this:

    *DISCLAIMER

    Property reference RX257611. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Gilbert & Rose Property - Southend-on-sea.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on March 8, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.