Retail premises for sale in Bath, England, United Kingdom BA1, £35,000

35,000.00

Offer Nr.:
61461266
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Hilton Smythe Business Sales
Phone(s):
01204 351867

_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.
_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 £95, 000 as of 2019,
further financial information can be made available upon request.
_Please quote reference B06895_

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