Opportunity to acquire a Long Leasehold INVESTMENT
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OFFERS INVITED TO INCLUDE THE LONG LEASEHOLD PROPERTY in the region of £299,950 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Features
Spacious well fitted Unisex Hairdressing Salon
Customer's car parking in front of parade.
Spacious modern SALON approx. 17ft 10 wide x 45ft 4 depth with oak strip floor. Air conditioning/heating. 12 hairdressing stations, 3 back basins. Music system. CCTV system with 5 cameras, monitor, digital recorder.
2 offices (1) 10ft 2 x 9ft 2 (2) 9ft 8 x 6ft 10 plus work room 10ft 2 x 10ft 8
Staff kitchen 9ft 4 x 6ft 3
2 cloakrooms
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT over, all in VERY GOOD CONDITION and with NIGHT STORAGE HEATING, comprises:
Entrance Hall
Lounge 15ft 10 x 10ft
Kitchen/Dining Room 19ft 4 x 7ft 4
2 Bedrooms (1) 11ft 4 x 10ft 8 (2) 9ft 11 x 6ft 10
Bathroom with bath, w.c. and wash hand basin
Tenure
The property is leasehold having approximately 88 years unexpired at a ground rent of only £50 p.a. fixed for the whole period.
THE PROPERTY HAS RECENTLY BEEN LET TO INCLUDE THE SHOP WITH ACCOMMODATION OVER ON A NEW 20 YEARS FULL REPAIRING AND INSURING LEASE AND PRODUCING A RENTAL INCOME OF £20,000 P.A. EXCLUSIVE OF RATES FOR THE FIRST 4 YEARS, WITH RENT REVIEW AT THAT TIME AND THEREAFTER EVERY 4 YEARS.
