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15-Year Lease on Busy Cardiff Barbershop Near Schools, Shops, and Parking

Cardiff Town, Cardiff, ID 224553

15-Year Lease on Busy Cardiff Barbershop Near Schools, Shops, and Parking 1
15-Year Lease on Busy Cardiff Barbershop Near Schools, Shops, and Parking 1
Asking price:
GBP£20 000
Turnover (per year): £50 000 gbp
Owner
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Description

Established Barbershop for sale in Cardiff.This is a busy and well-positioned barbershop located on a high footfall street surrounded by a mix of shops and residential housing. The location benefits further from proximity to a nearby university, as well as close access to a high school and primary school, contributing to a steady and diverse customer base.The premises offer convenient parking directly in front of the shop for customers, along with an additional parking space to the rear of the property.The business currently operates five days per week, with clear potential to extend opening hours to seven days and increase overall turnover. At present, the shop is run by two qualified barbers and one trainee, with the trainee close to becoming fully qualified and able to contribute at full capacity.The lease term is 15 years, providing long-term security for an incoming operator. The annual rent is £7,800, which equates to approximately £650 per month, representing low overheads for the location and size of the premises.The business is fully set up and ready for immediate takeover and continued operation.

Details

Real Estate: Lease
Asking price: 20 000 gbp
Turnover (per year): 50 000 gbp
Rent (per year): 7 800 gbp

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