LEASE AND BUSINESS FOR SALE
LEASE AND BUSINESS FOR SALE “BARBERS 72” 72 EASTGATE, COWBRIDGE VALE OF GLAMORGAN CF71 7AB
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An established and profitable gents’ barbers available for sale leasehold tenure with premium offers invited.
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Immediately available by way of lease assignment albeit a new lease direct from the landlord may potentially be made available.
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Fully fitted out and established business ready for immediate occupation.
www.wattsandmorgan.co.uk COMMERCIAL
“BARBERS 72” 72 EASTGATE, COWBRIDGE VALE OF GLAMORGAN CF71 7AB
1 Nolton Street, Bridgend, Wales, CF31 1BX Tel: (01656) 644293 Fax: (01656) 768279 Email: [email protected]
LOCATION The property is located in a prime trading location within the historic and highly sought after market town of Cowbridge, Vale of Glamorgan. The property is conveniently located within Cowbridge town centre. The busy market town is home of a number of good quality independent retailers/businesses and has been successful within recent years in attracting a number of high street retailers including Waitrose, Fat Face, Rohan and W H Smith. Cowbridge is conveniently located lying just off the A48 dual carriageway approximately 7 miles north east of Bridgend and approximately 12 miles south of Cardiff. DESCRIPTION The property briefly comprises of a selfcontained lock-up shop and premises that has been well fitted out of use as a gents’ barbers. The unit which provides approximately 26.5 sq m (285 sq ft) has been configured so as to provide for a gents’ barbers shop with retail frontage together with ancillary kitchen/staff room. The business is to be sold fully fitted out together with a range of good quality trade fixtures and fittings. TENURE The business is to be sold leasehold tenure. The existing lease is a nine year lease from 1st February 2014, drafted on tenant internal repairing and insuring only terms and at a current rental of £9,000 per annum exclusive.
THE BUSINESS The business is available “For Sale” as a going concern. The business trading as Barbers 72 is an established barbers’ business with three years’ accounts available for inspection to seriously interested parties. PREMIUM Premium offers are invited for the business fixtures and fittings and for the lease. Details on application. BUSINESS RATES The Valuation Office Website advises a rateable value of £5,900 so rates payable 2015/16 of £2,843. NB Ingoing tenant should benefit from rate relief. EPC To be advised. LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction. VAT All figures quoted are exclusive of VAT if applicable. VIEWING Viewing by appointment through sole letting agents: Messrs Watts & Morgan Tel: 01656 644288 E-mail: [email protected]
Please ask for Dyfed Miles/Kate Harris.
NB The lease contains tenant only break clauses at the end of the fourth and eighth anniversaries of the term.
Watts & Morgan is a trading name of Watts & Morgan LLP. Registered in Wales Partnership No. 0C306058 Registered Office 1 Nolton Street, Bridgend, Wales, UK, CF31 1BX Watts & Morgan LLP for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract; (ii) no person in the employment of Messer. Watts & Morgan has any authority to make or give any representation or warranty whatsoever in relation to this property.
•
An established and profitable gents’ barbers available for sale leasehold tenure with premium offers invited.
•
Immediately available by way of lease assignment albeit a new lease direct from the landlord may potentially be made available.
•
Fully fitted out and established business ready for immediate occupation.
www.wattsandmorgan.co.uk COMMERCIAL
“BARBERS 72” 72 EASTGATE, COWBRIDGE VALE OF GLAMORGAN CF71 7AB
1 Nolton Street, Bridgend, Wales, CF31 1BX Tel: (01656) 644293 Fax: (01656) 768279 Email: [email protected]
LOCATION The property is located in a prime trading location within the historic and highly sought after market town of Cowbridge, Vale of Glamorgan. The property is conveniently located within Cowbridge town centre. The busy market town is home of a number of good quality independent retailers/businesses and has been successful within recent years in attracting a number of high street retailers including Waitrose, Fat Face, Rohan and W H Smith. Cowbridge is conveniently located lying just off the A48 dual carriageway approximately 7 miles north east of Bridgend and approximately 12 miles south of Cardiff. DESCRIPTION The property briefly comprises of a selfcontained lock-up shop and premises that has been well fitted out of use as a gents’ barbers. The unit which provides approximately 26.5 sq m (285 sq ft) has been configured so as to provide for a gents’ barbers shop with retail frontage together with ancillary kitchen/staff room. The business is to be sold fully fitted out together with a range of good quality trade fixtures and fittings. TENURE The business is to be sold leasehold tenure. The existing lease is a nine year lease from 1st February 2014, drafted on tenant internal repairing and insuring only terms and at a current rental of £9,000 per annum exclusive.
THE BUSINESS The business is available “For Sale” as a going concern. The business trading as Barbers 72 is an established barbers’ business with three years’ accounts available for inspection to seriously interested parties. PREMIUM Premium offers are invited for the business fixtures and fittings and for the lease. Details on application. BUSINESS RATES The Valuation Office Website advises a rateable value of £5,900 so rates payable 2015/16 of £2,843. NB Ingoing tenant should benefit from rate relief. EPC To be advised. LEGAL COSTS Each party to be responsible for their own legal costs incurred in the transaction. VAT All figures quoted are exclusive of VAT if applicable. VIEWING Viewing by appointment through sole letting agents: Messrs Watts & Morgan Tel: 01656 644288 E-mail: [email protected]
Please ask for Dyfed Miles/Kate Harris.
NB The lease contains tenant only break clauses at the end of the fourth and eighth anniversaries of the term.
Watts & Morgan is a trading name of Watts & Morgan LLP. Registered in Wales Partnership No. 0C306058 Registered Office 1 Nolton Street, Bridgend, Wales, UK, CF31 1BX Watts & Morgan LLP for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract; (ii) no person in the employment of Messer. Watts & Morgan has any authority to make or give any representation or warranty whatsoever in relation to this property.
