Hair and Beauty Business In Prime Location - Realla

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BUSINESS FOR SALE

Hair and Beauty Business In Prime Location 26-28, Bath Street, Leamington Spa CV31 3AE

663 Sq Ft (61.59 Sq M) £50,000 Ingoing Premium £9,000 Per Annum Rent Property Highlights • Well known and established hair dressing salon • Income from a number of sublets • Highly visible position in Leamington Spa town centre • Secure lease until October 2019 • Opportunity to grow an established business

For more information, please contact: James Brookes 024 7630 8900 [email protected] 1 The Cobalt Centre Siskin Parkway East Middlemarch Business Park Coventry CV3 4PE

www.bromwichhardy.com

BUSINESS FOR SALE

Hair and Beauty Business In Prime Location 26-28, Bath Street, Leamington Spa CV31 3AE

Location Business Rates This retail premises occupies a very prominent position on the corner of Bath Street and Spencer Street in the centre of Leamington Spa. This area is South of the main shopping parade but still in a very healthy retail atmosphere surrounded by national and local occupiers. Leamington Train Station is approximately 5 minutes walk and the town positioned centrally in the county of Warwickshire has good access to the national road network and is within 30 minutes drive from the cities of Birmingham and Coventry.

Rateable Value (2017) Uniform Business Rates (2016/17) (exclusive of water & sewerage)

£9,300 0.466 pence

Rates Payable

Description

Tenure

The shop currently operates as Enhance Hair & Beauty, an operation that has been trading in central Leamington for a number of years and has a good reputation. The current rental is £9,000 per annum and a new lease was signed from October 2016 for a period of three years. Areas of the shop are also sublet to a nails technician, barber and tattooist, all providing rental income, more information on application. The current owner of the business is looking to retire from the business for personal reasons and is looking for a premium of £50,000 to cover the lease, fixtures and fittings and the goodwill of the business. The owner has a strong book of clients that they are happy to pass on.

Businees for sale at £50,000. £9,000 Per Annum rental, three year lease from October 2016

To be confirmed

Viewing Strictly by appointment with the agent Bromwich Hardy.

Legal Costs

Accommodation Description

EPC

Sq Ft

Sq M

Retail Zone A

482

44.78

Retail Zone B

9

0.84

Internal Storage

171

15.9

Total

663

61.6

The purchaser will be responsible for the vendor's reasonable surveyor and legal costs.

£0

BUSINESS FOR SALE

Hair and Beauty Business In Prime Location 26-28, Bath Street, Leamington Spa CV31 3AE

BUSINESS FOR SALE

Hair and Beauty Business In Prime Location 26-28, Bath Street, Leamington Spa CV31 3AE

Misrepresentation Act 1967. Unfair Contract Terms 1977. The property Misdescription Act 1991. These particulars are issued without any responsibility on the part of the agent and are not to be construed as containing any representation or fact upon which any person is entitled to relay. Neither the agent nor any person in their employ has any authority to make or give any representation or warranty whatsoever in relation to the property. September 2016