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.
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.
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.
Each party to pay their own legal costs.
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.
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.