Turn-Key Operation: You can walk in and keep running this business!

The business is comprised of two elements in one:
Master Gentlemen’s Barbers: replete with traditional hair cutting, beard shaping, facials & waxing, cut-throat shaves and luxurious hot towel treatments, providing luxury experiences for individuals, groomsmen and special occasion events, and boasting fully-reclining vintage barbers chairs.



The shop itself provides approximately 315 ft² (29.3 m²), and has a warm and welcoming dark wooden Dickensian shop frontage of plate glass window and a beveled glass panelled door, in keeping with the ancient village character of Yarmouth. Plus it has gate access to a small paved back garden providing some storage and an alternative access to the shop. The property has undergone a very extensive refurbishment and modernisation programme in recent years, therefore presenting itself very well both internally and externally. It could suit a wide variety of occupiers, and early interest is encouraged. The premises has a tiny luxury W.C. for clients and staff, as well as a tiny kitchenette.

-and a -


Connoisseurs Shop: offering fine and vintage wines (by the bottle and the glass via a fine wine dispenser), Cuban and Davidoff cigars, over 125 single-malt whiskies, and gentlemen’s finery: cufflinks, novelty ties, and groomsmen gifts, Locke & Co hats, Smythson and Ettinger leather products from belts to jewellery boxes, Waterman and Mont Blanc pens, RayBan, Gucci and Dunhill sunglasses and a myriad of other gifts for gentlemen and special occasions. The shop also organises events such as wine and whisky tastings and private parties on-site and in exclusive private venues across the West Wight, including aboard private Yachts, as well as providing wine, whisky and cigar bars at weddings and special occasions

There is the opportunity to lease the 2nd barber chair and derive further annuity income for the business

There is the opportunity to grow further the events (particularly the wedding/groomsmen aspect) and on-line sales aspect of the business to generate still further income.


Permissible Shop Opening Hours: 9am-8pm Monday-Saturday; 9am-4pm on Sundays
Alcohol Licenses: both off-license and on-premises.
Premises Alcohol Serving Hours: 9am-8pm Mon-Fri; Noon-4pm Sundays


Parking: 1 hour free customer parking immediately outside the front door!
Staff Parking: Annual staff parking permits in Yarmouth available to purchase (3 minute walk from shop).

Utilities: 
Mains Water and Mains Electricity.
Maintenance to the Freeholder’s Management Company: July 2023-June 2024: Ground Rent: £75 and Service Charge:£596.70
Uniform Business Rates: £812.12 (Small Business Discount)

Financials:
Q1 2024 Revenues: £13,012.81 This is a seasonal business, and Q1 is always the slowest (worst quarter each year). However Q1 2024 revenues were up 40% from Q1 2023
Costs: £9,154.03
Net Profit: £3,858.78
We are on track for £100k revenues and £25k net profit for the year

FY 2023 Revenues: £71,318

EPC Rating: C
Permitted Use Classification: A (now E)
Hygiene Rating: 5 (highest)

There is a bright & sunny 2 bedroom flat on the top floor above the shop, with views across Yarmouth toward St James’ Church and beyond, which is available separately for the buyer of this business, at a price of £200,000 (Leasehold, 150yrs remaining on the lease). You could move to the Isle of Wight and begin the next chapter of your life with a fantastic seaside lifestyle, walk downstairs to work, and live in a friendly, happy, prosperous community!