£59,999
Retail premises for saleWesterham, England, United Kingdom TN16
Just added
Business
About this property
Business
Please quote reference B09401
Cogogo proudly presents to the market Lee’s Barbers, a well-established and reputable barbering business located in Biggin Hill.
Trading successfully for over 22 years under the same ownership, the business has built a loyal and consistent client base. The barber specialises in traditional and modern haircuts, serving a broad demographic from the local community.
This is an ideal opportunity for a hands-on barber seeking a profitable, straightforward business with strong foundations. The sale is due to the owner relocating and living too far from the premises.
Early viewing is highly recommended.
Location
The business occupies a visible position on a main road in Biggin Hill, benefiting from passing trade and strong local support. The area is well-served by nearby residential housing and complementary businesses, driving consistent footfall.
Premises
The premises comprise a well-presented barber shop, fitted with multiple cutting stations, a customer waiting area and essential equipment required for day-to-day trading. The unit is arranged for efficient workflow and is ready for immediate continuation of trade.
The premises also offer a generous internal layout, with a noticeable amount of unused space currently not fully utilised. This presents clear scope for reconfiguration or expansion of additional cutting stations or services, subject to the relevant consents. With the right operator in place, there is strong potential to increase capacity and turnover.
Tenure
We are advised that the business is being sold on a Leasehold basis.
Rent is £15,000 per annum. The business benefits from 100% Small Business Rates Relief and is therefore currently exempt from paying business rates.
We are advised that approximately 4 years are remaining on the current lease.
Hours
The current operating hours are:
Monday & Tuesday: 6:00 am to 4:30 pm
Wednesday: Closed
Thursday: 6:00 am to 4:30 pm
Friday: 6:00 am to 3:30 pm
Saturday: 6:00 am to 2:00 pm
Sunday: Closed
The business currently operates limited trading hours, with the shop closed on Wednesdays and Sundays. There is a clear opportunity to extend opening hours and increase trading days, which could significantly enhance turnover under proactive new ownership.
Staff
The business is operated by one working owner.
Financial Profile
We are advised that the business generates an annual turnover of approximately £54,000, with a reported net profit of £30,000.
Please quote reference B09401
Cogogo proudly presents to the market Lee’s Barbers, a well-established and reputable barbering business located in Biggin Hill.
Trading successfully for over 22 years under the same ownership, the business has built a loyal and consistent client base. The barber specialises in traditional and modern haircuts, serving a broad demographic from the local community.
This is an ideal opportunity for a hands-on barber seeking a profitable, straightforward business with strong foundations. The sale is due to the owner relocating and living too far from the premises.
Early viewing is highly recommended.
Location
The business occupies a visible position on a main road in Biggin Hill, benefiting from passing trade and strong local support. The area is well-served by nearby residential housing and complementary businesses, driving consistent footfall.
Premises
The premises comprise a well-presented barber shop, fitted with multiple cutting stations, a customer waiting area and essential equipment required for day-to-day trading. The unit is arranged for efficient workflow and is ready for immediate continuation of trade.
The premises also offer a generous internal layout, with a noticeable amount of unused space currently not fully utilised. This presents clear scope for reconfiguration or expansion of additional cutting stations or services, subject to the relevant consents. With the right operator in place, there is strong potential to increase capacity and turnover.
Tenure
We are advised that the business is being sold on a Leasehold basis.
Rent is £15,000 per annum. The business benefits from 100% Small Business Rates Relief and is therefore currently exempt from paying business rates.
We are advised that approximately 4 years are remaining on the current lease.
Hours
The current operating hours are:
Monday & Tuesday: 6:00 am to 4:30 pm
Wednesday: Closed
Thursday: 6:00 am to 4:30 pm
Friday: 6:00 am to 3:30 pm
Saturday: 6:00 am to 2:00 pm
Sunday: Closed
The business currently operates limited trading hours, with the shop closed on Wednesdays and Sundays. There is a clear opportunity to extend opening hours and increase trading days, which could significantly enhance turnover under proactive new ownership.
Staff
The business is operated by one working owner.
Financial Profile
We are advised that the business generates an annual turnover of approximately £54,000, with a reported net profit of £30,000.
Mortgage calculator
Monthly repayment
£300 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}