Business Summary

Comprising a hairdressing and tanning business featuring 3 stylist stations, 1 stand-up and 3 lay-down sunbeds. There is an office and storage area to the rear and the premises benefits from air conditioning. The business benefits from a large local client base and is being offered with all fixtures, fittings and equipment (not tested). NB: Two of the sunbeds are currently leased –
details upon request.

The upper part comprises a 2 bedroom duplex flat let on an AST producing £750 per month.

Areas:
Shop area 58.1 sq m 625.7 sq ft
Rear office 10.32 sq m 111.1 sq ft
Total area 68 sq m 736.8 sq ft

Lease: Held on an existing 25 year lease from 1998 with 10 years remaining at £11,000 pa with 5 yearly rent reviews.

Terms: A premium of £30,000 sought for the benefit of the lease, fixtures, fittings and equipment (offers invited).

Business Rates: Borough of Havering. Rateable Value is £3,450. Rates payable are approximately £1,624. Interested parties should make their own enquires via the Local Authority or Valuation Office www.voa.gov.uk. Claridges cannot guarantee any figures.

Reference Charge: Claridges charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.


Viewing: By Appointment only via
Claridges Commercial – 0845 205 0007

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