Retail premises for sale

Cleethorpes, England, United Kingdom DN35

Business
Please quote reference B05906

Cogogo are delighted to bring to market one of Cleethorpe's most established and respected hair salon businesses, a true local institution that has been successfully run by the same family for over 40 years. Opportunities of this calibre and heritage are exceptionally rare, and the business is only available due to the owner's retirement.

This award-winning boutique salon enjoys an outstanding reputation, loyal client base and strong online presence, making it an ideal opportunity for an owner-operator, expanding salon group or investor seeking both lifestyle and income.

The Cutting Club has evolved with the times while retaining its charm and professionalism. The business actively embraces online marketing, social media and digital booking systems, ensuring continued visibility and customer engagement.

• Over 2,000 Facebook followers
• Excellent 4.8/5 customer review rating
• Strong repeat clientele and consistent demand
• Services range from consultations and precision cuts to colouring and full redesigns.

The salon's ethos is centred around creativity, nurturing talent and exceptional client care, making it one of Lincolnshire's leading hair destinations.

There is significant potential to expand by introducing a complementary beauty, aesthetics or treatment offering, with ample space available on both the ground and first floors.

In addition, the property includes multiple self-contained residential/office units, currently generating rental income. We believe rents are below current market levels, presenting an immediate opportunity to increase returns.

Freehold salon and investment opportunities of this size, reputation and location seldom come to market. With decades of goodwill, multiple income streams and clear avenues for growth, this is a standout opportunity not to be missed.

Early viewing is highly recommended to avoid disappointment.

Location
The salon occupies a highly prominent position on Grimsby Road, surrounded by complementary independent retailers and benefitting from strong passing footfall.

• Just two streets from Cleethorpes beach
• Close to school, leisure facilities and town amenities
• Near Grimsby Town Football Club
• Positioned between New Clee and Cleethorpes train stations
• On-street and nearby parking available

Cleethorpes remains a popular and vibrant seaside town, attracting both local and tourist trade year-round.

Premises
Ground Floor - Approx. 1,300 sq ft. Of Salon Space

• Central reception with storage & computerised booking system
• Retail display and waiting area
• 14 styling stations (7 per side)
• 3 backwash units, hood dryers and extensive storage
• Colouring room, staff room & kitchen
• Customer/staff WC
• Self-contained 1-bedroom flat (side access)

First Floor

• Large 2-bedroom flat/ office space with kitchen & family bathroom
• Separate 1-bedroom self-contained flat with its own access

Tenure
The lease terms are to be confirmed with the freeholder.

The freehold is available for £129,995.

Hours
Monday – Closed

Tuesday – Thursday - 8.30 to 17.30

Friday – 8.30 – 18.30

Saturday – 8.30 – 17.00

Sunday - Closed

Staff
The business employs:

• A full-time Manager
• 4 x full-time stylists
• Part-time stylists and consultants

Financial Profile
As of the 2024 accounts the salon enjoyed a Turnover of £327,534 and net profit in the region £106,000. Further financials will be available upon request.

Please quote reference B05906