Long Lane, Bexleyheath Annual Rental Of £18,500

Front elevation
Photo 13
Interior of hairdresser
Fully tiled floor
backwashes installed
Bright and well lit
Lounge
2 bed maisonette
Large double bedroom with en suite shower
Rear parking with garage and rear access road

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ESTABLISHED HAIRDRESSERS WITH SELF CONTAINED 2 BED MAISONTTE
EXCLELENT AND LOW RENT
FIXTURES FITTINGS & GOODWILL
LOW PREMIUM SOUGHT
FULLY FITTED HAIRDRESSERS WOULD MAKE EXCELELLENT BARBERS
REAR PARKING WITH GARAGE
SELF CONTAINED LARGE TWO BEDROOM FLAT (PRODUCING INCOME)
LOW RATES
EARLY VIEWINGS ADVISED
GOOD LOCATION
PROFITABLE BUSINESS (GP 40%)
MASSIVE SCOPE FOR IMPORVEMENT

Established hairdressers TO LET in popular and busy location.

Available TO LET for £18, 500 per annum on a lease to assign with 3.6 years remaining which includes a large self contained 2 bed maisonette above which is sublet producing 900 pcm in income. It appears that the rental income of the upstairs flat could be increased commensurate to market values.

The ground floor hairdressers is approximately 465 sq ft (43 sq m) ad fully fitted as an established hairdressers which has been trading successfully for a number of years. The unit currently has several functioning work stations which all have integrated back wash units. The unit is light and open plan and lends itself well to a barbershop and or beauty business. The unit has a fully tiled floor and a small kitchen prep area and WC to the rear. Externally their is one parking space and a garage. A rear access road provides excellent vehicular access to the unit and the flat which also has an external staircase.

An excellent opportunity to take on an income producing property with large flat above which offsets much of the annul rent.

Viewings by appointment only and through Sole Agents Harpers & Co on 01322 524425.

Before the tenancy starts (payable to Harpers &Co

Holding Deposit: One (1) week's rent
Deposit: Five (5) weeks' rent
Holding Deposit Payment
It is a condition that once the holding deposit has been paid, it will be deducted from the first month’s rent upon the
moving in day. The move in date must be within 15 days of the holding deposit being paid, unless otherwise agreed.
The holding deposit is not refundable for the following reasons:
• If at any time you decide not to proceed with the application after the holding deposit has been paid.
• Failure to move in within 15 days of the date on this application, unless otherwise agreed.
• Provide us with false, misleading or incorrect information as part of your tenancy application.
• Unsatisfactory credit check(s) or reference(s).
• Failure of any of the checks which the Landlord is required to undertake under the Immigration Act 2014.
However, if the Landlord decides not to offer you a tenancy for reasons unconnected with the above then your deposit will
be refunded within 7 days. Should you be offered and you accept a tenancy with our Landlord, then your holding deposit
will be credited to the first months’ rent due under that tenancy.
Where, for whatever reason, your holding deposit is neither refunded nor credited against any rental liability, you wil l be
provided with written reasons for your holding deposit not being repaid within 7 days.

During the tenancy (payable to the Agent)

Payment of £50 if you want to change the tenancy agreement (once landlord's permission has been obtained).
Payment of interest for the late payment of rent at a rate of 3% above the current Bank of England base rate.
Payment of the cost to replace loss of keys/security devices (unless proven that the replacement cost more)
Payment of any unpaid rent or other reasonable costs associated with your early termination of the tenancy.

During the tenancy (payable to the provider) if permitted and applicable:

Utilities - gas, electricity, water
Communications - telephone and broadband
Installation of cable/satellite
Subscription to cable/satellite supplier
Television licence
Council Tax

Tenant protection & Client Money Protection (CMP)

Redress Scheme& Tenant protection

Harpers & Co is a member of the Property Ombudsman TPO
Harpers & Co is a member of the Client Money Protection Scheme CMP (0059254)

LOCATION

This commercial unit with a 2 bedroom self contained maisonette is offered TO LET by way of assignment of an existing lease with 6 years left to run. Located on the busy Long Lane a main arterial road that runs adjacent to busy Bexleyheath. This parade is popular among the local community and has a host of retailers and shops and restaurants.

DESCRIPTION

This well located commercial unit has been trading successfully as an established hairdressers for some years and is now being offered to LET on a new Fully Repairing and insuring Lease. This property has a new steel roller blind and a forecourt which is 4.5m in depth and 4.8m in width. The shop has a fully tiled shop floor and hung ceiling. Currently trading as a hairdresser, the shop is fully fitted with backwash's and cutting stations one would expect with such an operation. The shop has a build depth of 9m and a width of 4.9m (Gross Internal Area 435sq m 450 sq ft) To the rear of the shop is small kitchen prep area and a WC. The rear door leads out onto the garden which has a garage and a rear parking space. The flat is self contained and can be accessed from the front of Long Lane by away of a front to a staircase which leads to a landing with lounge, Bedroom 1 and Kitchen. T he second floor comprises bedroom 2 and a family bathroom. Lounge 5.8m x 4.7m Bed 1 3.1m x 4.1m Kitchen 2.7m x 2.7m Bed 2 4.6m x 4.9m Bathroom 1.8m x 2.8m the flat is an excellent size and is currently let producing £900 per calendar month. It is understood the tenancy is drawing near to its end.

TERMS

This unit is offered to Let by way of an assignment of the existing lease which has 6 years left to run on a renewable lease which is inside the terms of the 1954 Landlords and Tenants Act. The lease with a 2 bedroom split level maisonette flat is offered for £16,400 per annum.

LEGAL COSTS

Each party to pay their own legal costs.

RATES

Our own inquiries with the VOA suggest a rateable value of £8,900 and the rates calculator is £0.48 in the pound. Applicants are encouraged to make their own inquiries with the VOA to see if they are eligible for small business rates relief.

VAT

This property is not elected for VAT and so VAT is not charged on rent.

HARPERS & CO SPECIAL REMARKS

This established hairdressers is an excellent opportunity to take on a business with god scope for improvement that already has an established client base and ready income from the flat above.