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Retail premises for sale

£24,000

47A High Street, Brandon IP27

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Property description

Business
Hilton Smythe welcomes to the market Kutz which was established several years ago and taken over by the current owner in 2015. Our vendor is genuinely looking to sell as they are looking to move to another part of the country.

Kutz is an established hair salon, with the previous owner still working there and retaining many established clients. Offering a host of services to the local community.

There is room to develop the business further as currently there is no website or social media pages. Also, there is physical room to create an area for beauty treatment or an addition of a nail bar.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Kutz unisex hair salon is located in the market town of Brandon within Suffolk.

Kutz is located on the busy main road along with many other local shops and larger chains. There are several car parks locally and 30 minute free parking on the road outside the premises.

There are local bus routes and Brandon train station is approximately a quarter of a mile away.
Premises
Mid parade premise with good signage.

The entrance door runs straight from the main road into the waiting area with seating and the counter. Behind which there are 3 work stations all with mirrors and hairdryers.

To the rear of the room there are two back wash stations, tea and coffee area and doors to the beauty room to the rear and to the cloakroom facilities.

Stylish decor throughout.

The unisex cloakroom is shared with Nicks Tattoos, which is located in separate premises next door, this comes of a lobby way which gives rear access and also has a locked storage cupboard for peroxides etc.

There is heating in the form of electric storage heaters.
Tenure
We are advised the business is being sold as a leasehold opportunity.

With a rolling lease at £400 per month, £4800 per annum

The landlord is conveniently located in premises two doors away.
Hours
The business opening hours:

Monday:10-4

Tuesday:9-5

Wednesday:9-5

Thursday:9-5

Friday:9-5

Saturday:9-3

Sunday: Closed
staff
The business is run and managed by our client, with the help of one part time and one full time member of staff. However, further staff could be required if the new owner wants to expand into beauty/nail bar.
Financial profile
Kutz generated an advised turnover of circa £30,000 as of the 2016 accounts, with a gross profit of 70%.

However, since then a full time member of staff has been taken on.

What Zoopla users think of Brandon

Overall rating:

  • currently 3.5 stars
Good - 70% (11 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Brandon:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Brandon (0.4 miles)
  • Lakenheath (3.8 miles)
  • Thetford (5.5 miles)
  • Norwich International Airport (31.4 miles)
  • London Stansted Airport (42.3 miles)
  • London Luton Airport (57.8 miles)
  • King's Lynn Ferry Landing (23.3 miles)
  • West Lynn Ferry Landing (23.4 miles)
  • Reedham Ferry North (39.8 miles)

Nearby schools

View all schools in Forest Heath
  • Forest Academy (0.1 miles)
  • Glade Primary School (0.3 miles)
  • Weeting Church of England Primary School (1.3 miles)
  • Bury St Edmunds County Upper School (13.7 miles)
  • West Suffolk College (14.2 miles)
  • Ellingham Hospital School (16.4 miles)
  • IES Breckland (1.0 mile)
  • Thetford Grammar School (5.7 miles)
  • The Thetford Academy (5.8 miles)
Note: Distances are straight line measurements

Local info for Forest Heath

About the neighbours in IP27

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

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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