Retail premises for sale in Bath, England, United Kingdom BA1

£29,995
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Retail premises for sale

Property description

Business
Please quote reference B06895

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and popular barbers’ business.

Trimmers of Bath has been under the careful and meticulous ownership of our client for almost 30 years, building up an excellent reputation within the city and further afield. Only now has the business been brought to the open market, as our client looks to leave the industry and is keen to see the business pass to a new owner who has the same passion, enthusiasm, and drive to take the business forward.

The business currently operates as a traditional gent’s barbers with rent a chair options, offering quality and stylish haircuts in a fresh and well-presented setting. During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere and friendly service and therefore has a lot of repeated trade and word of mouth recommendations.

We feel there is scope to increase turnover with the undertaking of a robust marketing campaign via local press, social media, and further promotion of the dedicated website, along with offering some further products for clients to purchase.

This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established, or for an experienced operator looking for an additional business with an attractive income stream.

All fixtures and fittings are to be included in the sale of the business.

A tremendous opportunity to own this well-established and popular business, and early viewings are highly recommended to avoid disappointment.

Location
The business is located in a prime trading location on the popular Barton Street in the centre of the popular city of Bath and benefiting from being surrounded by a host of independent businesses leading to a good level of footfall and passing trade.

Bath is the largest city in the ceremonial county of Somerset, known for its Roman-built baths. In 2011, the population was 88,859. Bath is in the valley of the river Avon, 97 miles west of London and 11 miles south-east of Bristol. The city has software, publishing and service industries, theatres, museums, and other cultural and sporting venues which have helped make it a major centre for tourism, with more than one million staying visitors and 3.8-million-day visitors to the city each year.

The city also benefits from excellent transport links via road and also has a rail service giving access to major cities in the UK

Premises
The business is located in a ground floor traditional barber shop premises, that has undergone an extensive programme of refurbishment over the years and can be found in true turnkey condition. The shop has 5 chairs all with washing facilities, customer waiting area, service counter and further benefits from ample storage to the rear of the premises. The business also has a large staff room which could be used for something more than a staff room.

Please note the landlord is open to change of use for the premises.

Tenure
We are advised the business is being sold on a Leasehold assignment basis with 4 years remaining on the Lease. The rent will be £22,000 per annum.

The business benefits from business rates relief.

Hours
The business trading hours are:

Monday to Wednesday - 09:00am - 17:30pm

Thursday - 09:00am - 18:00pm

Friday - 09:00am - 17:30pm

Saturday - 08:00am - 17:00pm

Sunday - Closed

Staff
The business is run and managed by the owner.

Financial Profile
We are advised the business generated a turnover of circa £54,000 as of 2023, further financial information can be made available upon request.

Please quote reference B06895

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For more information about this property, please contact
Hilton Smythe Business Sales, BL1 on +44 1204 351867 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Business Sales, and do not constitute property particulars. Please contact Hilton Smythe Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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