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Newly Established Barbers/bar Business For Sale

Melksham, Wiltshire, UK
Asking Price:
£34,999
Turnover:
Available on request
Net Profit:
Available on request

Business
Please quote reference B06487

Hilton Smythe is delighted to present to the market a men’s Hairstyling, Personal Care, Coffee House & bar business, centrally located within the heart of the very desirable Melksham. Benjamin Nicholas was established by our clients in 2020 and now after careful consideration has now decided to sell to move out of the area.

The ‘turn-key’ business opportunity offers the unique bar and barbers’ combination fully refurbished to an extremely high standard. All work stations come with sinks so easily changed into a ladies hairsalon.

The bar functions extremely well with our client having a fully licensed premises, operating from 12pm till 11pm. Our client advises further licenses can be applied for, with the great option for coffee and soft drinks to be served from 9am.

The sale of this shop will include everything that is in the building already, this is all hand bespoke made reclaimed bar, all table and chairs all hand made an upholstered, coffee machine which is worth around £3-4000 and all other things as seen in pictures fully kitted out and ready to go for any new owners to change how they feel fit.

Since establishment, the business has built up an excellent reputation for its welcoming atmosphere and friendly service, therefore has a lot of repeat trade and word of mouth recommendations, alongside the abundance of footfall due to the trading position with a 24 hour gym being only next-door!

As you can see from the business photos attached, the business has been refurbished to a very high standard and now includes a total of 4 hair styling stations.

Key selling points include -

Ideal opportunity to covert/introduce a cafe
Adding a kitchen is highly recommended.
Long lease in place
Potential to double current turnover levels
Large salon space
The business is also known for the live music on every week
Extremely unique

We feel it would suit a partnership or run as a family business. This rarely available opportunity is not to be missed, early viewing is highly advised.

Location
The business is located in a prime trading location next door to a huge 24-hour gym with hundreds of customers coming straight from their work out!

Benefiting from being surrounded by a host of complimentary independent and national retailers, and as such benefits from an excellent level of footfall and passing trade.

Premises
Leasehold business- approx. 1400 square ft

Walk into the main door straight into the bar area, there is a dividing wall separating the bar from the barbers. The business has two toilets’ men and women.

Upstairs is a small kitchen area that just consists of sinks and wash area.

Outside of the building granted with a pavement license this is under a big built in wooden canopy attached to the building for outside drinkers or potentially eaters.

CCTV installed in the building and outside the front and back of the building, and a car park directly behind the building which offers 2 hours free parking.

Tenure
We are advised that the business is being sold on a Leasehold basis, with 4 years remaining on a 5 year lease. The rent is £1,750 per month and has rates payable at £9,000 per annum (currently at half rate).

Hours
The business hours are -

Monday – 9:00am –11:00pm
Tuesday – 9:00am – 11:00pm
Wednesday – 9:00am – 11:00pm
Thursday – 9:00am – 11:00pm
Friday – 9:00am – 11:00pm
Saturday – 9:00am – 11:00pm
Sunday - 9:00am – 11:00pm

Staff
We are advised that the employees are currently temporary and self employed.

Financial Profile
Full financials can be made available upon further request.

Please quote reference B06487

Property Information

Property:

Leasehold

Contact Hilton Smythe

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