Hairdresser / Barber Shop for sale

Oxford Road, Altrincham, Cheshire, WA14

Offers in Region of 280 sq. ft. | £30,000

Property Description

Commercial information

  • 280 sq ft (26 sq m)

Full description

8a Oxford Road

Business History and Details

Oxford Road Barbers have been trading in Altrincham for over 30 years and is one of the best known Barbers in the Town; The owner has another branch and has decided to sell Altrincham during 2016. It is a thriving small business which more potential because the owner only works 2 days a week from Altrincham and rents " seats" for 4 days most weeks.
The annual turnover for the last 3 years has been 26,000 pa +. So if a Principal was to work 6 days a week, the income would be substantially more with less seats rented out.

3 years Accounts can be inspected at the Agent' s Offices by prior appointment.

The business is usually a walk-in Barbers although appointments can be made in advance. It is one of the most popular and consistent Barbers in Altrincham.
With easy parking close by, and being near local Schools, it does an excellent trade and has many regular customers.

The Offer

Being able to own , rather than rent, your business premises has substantial advantages over those who rent. No rent reviews, no expensive rents, and shop fitting is all yours! It also allows you to be your own Landlord . Some buyers put their property into a Self Administered Pension fund which they actually own themselves. They pay rent to their own fund but obtain tax relief on their payments. Tax laws change regularly but at present, it is unlikely that Capital Gains tax would be payable upon a sale of a SIPP property. This can be ideal for those who do not have a pension.
Professional advice should be sought from a Financial Advisor if buying a Commercial Property.
At present there is no Stamp Duty payable on Commercial property purchases, up to 150,000.
Again professional advice should be obtained from your solicitors.

The owner will give priority to those who wish to purchase the Premises and Business together; If however, a buyer for the business, could not obtain finance to purchase the shop, such interest will be considered.

Price

Ownership: The Premises are for sale at Offers in the region of 80,000, subject to contract.
This reflects a gross investment yield of approximately 11.2%
Leasing: The premises may be rented for 9000 pa on a full repairing lease; The owner would
insure the premises and collect the premium from the tenant.

Business: The Business is for sale and Offers are invited in the region of 30,000 subject to
contract.

Property: The Property is also For Sale but only once the Business has been Sold.
The Property is For Sale at 80,000.


VIEWING Strictly by appointment with Morrison Property Services
0161-929-8880.

8a Oxford Road

These details are in draft format and the Agents cannot and do not accept responsibility for their accuracy. The Agents have not seen proof of ownership or tenure as yet; The Agents have not been supplied with Accounts at the time this information sheet has been printed.
The Agent reserves the right to withdraw these details should any information be received which contradicts the information supplied by the vendor until it is ratified by Audit.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Altrincham (0.3 mi)
  • Hale (0.4 mi)
  • Navigation Road (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Morrison Property Services, Altrincham

York Buildings, 6 Lloyd Street, Altrincham, WA14 2DE

0161 929 8880 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Morrison Property Services, Altrincham

York Buildings, 6 Lloyd Street, Altrincham, WA14 2DE

0161 929 8880 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Altrincham (0.3 mi)
  • Hale (0.4 mi)
  • Navigation Road (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Morrison Property Services, Altrincham

York Buildings, 6 Lloyd Street, Altrincham, WA14 2DE

0161 929 8880 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference v1953A. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Morrison Property Services, Altrincham. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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