16-18 Brushfield St Transfert 202 m² À louer Londres E1 6AN

We are guiding premium offers in excess of £60,000 https://www.edwardholland.co.uk NOTE STAFF ARE UNAWARE AND NOT TO BE APPROACHED UNDER ANY CIRCUMSTANCES. ALL VIEWINGS NEED TO BE FORMALLY ARRANGED THROUGH MKR PROPERTY Description This Established Barbers, Beauty Studios and Hair Lounge spans over three levels and is ideally located in the vibrant heart of London near Liverpool Street tube and Mainline Station, which has recently been declared the busiest station in the UK. This business has been established 15 years and operates a business model on renting out spaces to Barbers, Therapists and Ladies Hair Stylists. As of year-end 2024, it achieved a turnover of £186,000, with a net profit of £84,000, with further growth potential. LOCATION Edward Holland Barbers, BeautyHub Studios and Hair Lounge is located at 16/18 Brushfield Street, London E1 6AN, near Bishops Square/Spitalfields Market. It is close to attractions like Brick Lane and offers easy access from Liverpool Street Mainline and Tube station, as well as Shoreditch and Aldgate East stations and multiple bus routes. The location provides a vibrant mix of fashion, culinary and shopping experiences. Street View AREA Edward Holland Barbers, BeautyHub Studios and Hair Lounge are situated in the prime location in the City of London in close proximity to Bishopsgate and Liverpool Street Mainline and Tube Station, an area known for its dynamic blend of old and new. This neighbourhood is a hub for the Financial and Insurance service industry, bustling markets like Spitalfields, Petticoat Lane and Brick Lane and a rich tapestry of restaurants and high end shops and fashion outlets. It is highly accessible, served by multiple bus routes and the underground Stations of Liverpool Street, Aldgate and Shoreditch making it a draw for business personnel, the local community and visitors to the area. The area's blend of historical charm and modern conveniences creates a lively atmosphere that enhances any business presence. PREMISES The premises are spread across three levels, accessible via a ground floor entrance with air-conditioning throughout. The first floor serves as a fully-equipped Barbershop, featuring seven chairs, two washing basins, and a restroom with WC and laundry facilities, complemented by windows that offer views of the vibrant Bishops Square below. Ascending from the hallway, the second floor houses the BeautyHub Studio and Hair Lounge, equipped with space for 2-3 Ladies hairdressers, washing basins, three separate beauty rooms, a restroom with laundry facilities, and windows that overlook the bustling Bishops Square. Continuing further, the third floor expands into the BeautyHub Studio, which includes four additional treatment rooms, a restroom with WC and laundry facilities, and windows that overlook the bustling Bishops Square. THE BUSINESS Established 15 years ago by the present owner, this business enjoys a stellar reputation and draws in established and new clients from its central location in the heart of the City of London. Its established client base comes from the National and Multi-national companies that operate within the City of London and throughout the business world, the local community and tourism. The current proprietor runs a business model with 7 Barber Chairs, 7 Beauty Rooms, 2/3 styling spaces in the Hair Lounge. Year end 2024 accounts show a turnover of £186,000 with profit of £84,000. The business is well run and maintained and still has further growth potential. CURRENT TRADING HOURS Monday to Friday 8.00 - 20.00 Saturday and Sunday 10.00 - 17.00 CURRENT STAFF MEMBERS/SELF EMPLOYED MEMBERS 1 x owner of the business Barber Shop: 4 x Full Time Barbers who pay £70.00 per day for a 5 Day Week 2 x Part Time Barbers who pay £70.00 per day for a 5 Day Week Open 7 Days a week Second floor: Beauty Studio/Hair Lounge Treatment rooms 1 and 2 let weekly at £250.00 per room Treatment room 3 ready to let. 3 x Part Time Stylists 15/16 days per 4 weeks who pay £70.00 per day Open Monday to Saturday Treatment Rooms Third Floor: Treatment rooms 4 and 5 let 5/6 days. 2 x Therapists who pay £70.00 per day Treatment rooms 6 and 7 ready to let. Open Monday to Saturday The above figures are subject to fluctuation dependent on the demand for rooms and chairs which could be increased by social media advertising which the current owner has never done. FINANCIALS Year end 2024 Turnover: £184,000 Net Profit: £84,000 LEASE A new 10 year lease to be granted to the incoming purchaser at an annual rent of £61,000 per annum years 1-3, rising to £65,000 per annum years 4 & 5, subject to a rent review upon the 5th anniversary to the higher of the passing rent or market rent. BUSINESS RATES 2024 Business Rates Payable £5,643 COMMENTS Edward Holland Barbers, BeautyHub Studios and Hair Lounge presents an exceptional opportunity to acquire a well-established business in the City of London. This venture allows the new owner to either continue the current model of a hands on approach of working owner whilst renting out Barbering, Beauty Rooms or Styling Space or options to manage with a hands-off approach. The business is fully equipped and operational from day one. Given its prime location and the rarity of such an offering in the market, early viewing is strongly recommended.