Property details - Estate & Lettings Agents - Worthing & Sussex

£10,000

For Sale

Upper Shoreham Road, Shoreham-by-Sea BN43 6BF

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  • Established Ladies Hairdresser for sale
  • New lease available
  • 100% Rate relief (STS)
  • Been trading for almost 20 years
  • Situated in an established parade of shops
  • Car Parking Available

LOCATION The property is located on the north side of the Upper Shoreham Road, opposite Southlands Hospital, and the newly developed scheme for 106 units consisting of a mixture of house sizes and apartments. The subject property is situated in private car park, the subject property has been a ladies hairdresser for over 30 years and for 20 years in the same ownership. 

DESCRIPTION The premises comprise a ground floor lady's hairdressers, which is self-contained and benefits from a large bay window which makes the shop nice and bright. In addition, there are numerous hair stations in the front section and to the rear, there is a laundry area, kitchenette, WC and rear access. There is also undesignated parking but in addition, on-street parking is close by. Please note, it is a landlords stipulation that the property has to remain a lady's hairdressers.

ACCOMODATION

The premises have the following approximate floor areas:

Ground floor: 434sqft / 40.35sqm

Basement: Not inspected and for storage only

Total floor area: 434sqft / 40.35sqm

TENURE The property is To Let on a new lease for a term to be agreed.

RENT: On application.

PREMIUM: Offers are invited in the region of £10,000 for the business and fixtures & fittings.

BUSINESS RATES: The rateable value from April 2023 provided by the Valuation Office Agency is £6,500. The small business rates for the financial year (2023 - 2024) is 49.9p in the £ making the rates payable approx. £3,243.50.

However, since the premises have a rateable value of lower than £12,000, occupiers can expect to benefit from 100% rate relief, subject to status.

EPC: The property has an EPC rating of C.

VAT: We are informed that VAT is not applicable on the terms quoted.

LEGAL FEES: Each party is responsible for their own legal fees in this transaction.

VIEWING: Strictly by appointment with Sole Agents, Jacobs Steel.

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