Retail property (high street) for sale
Property description & features
- Tenure: Freehold
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.
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*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
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