reduced premium lease for sale
REDUCED PREMIUM LEASE FOR SALE PROMINENT HAIR & BEAUTY SALON 1,081 SQ FT (100.47 SQ M) APPROX 114 BOUNDARY ROAD LONDON NW8 0RH
Location The premises are prominently located on Boundary Road between its junctions with Bolton Road and Abbey Road. The surrounding prestigious area of St Johns Wood comprises a mixture of mainly residential with various office, retail and restaurants in the locality. Local occupiers include Freedman, Green and Dhokia solicitors, Ben Uri Museum, Hamilton Vetinary Clinic and various independent retailers. Kilburn High Road, South Hampstead (overground) and St Johns Wood (underground) stations are nearby and numerous buses serve the area.
Description The shop comprises of the ground floor and basement of a prominent character terraced 3 storey mixed use building. The premises are currently trading as a very well established hairdresser from the ground floor with beauty, therapy and massage from the basement. The premises are in excellent condition throughout and the ground floor benefits from good ceiling heights, tiled flooring, glazed frontage, 8 hair dresser stations, 2 wash basins, attractive spot lights and a reception area. The basement consists of a reception room 3 different treatment rooms, shower, WC and staff room. Accommodation (all measurements are approximate) Ground Floor Basement Total net internal area
558 sq. ft. 523 sq. ft.
(51.87 sq. m) (48.60 sq. m)
1,081 sq. ft.
(100.47 sq. m)
Terms An assignment of a full repairing and insuring lease for a term of 12 years from 1st August 2013 until 31st August 2025 and subject to 4 yearly upward only rent reviews, the next rent review is due in August 2017. Rental £21,000 per annum exclusive of business rates, service charge and subject to annual increases of £750 per annum. Premium £35,000 for the benefit of this valuable lease, location, fixtures and fittings. Business Rates We understand the current business rates of the property are £7,200 payable per annum. All interested parties are advised to confirm the current rates payable with the Local Authority. Service Charge To be advised. Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
Legal Costs Incoming tenant to pay both parties legal fees. Viewing Strictly by appointment through the agents as the instruction is confidential: Currell Commercial Ltd 020 7354 5050 Beverley Hedge Jon Morell Chris Owen Eugenie Tilliole
email: [email protected] email: [email protected] email: [email protected] email: [email protected]
File Ref: S1481b
Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
Location The premises are prominently located on Boundary Road between its junctions with Bolton Road and Abbey Road. The surrounding prestigious area of St Johns Wood comprises a mixture of mainly residential with various office, retail and restaurants in the locality. Local occupiers include Freedman, Green and Dhokia solicitors, Ben Uri Museum, Hamilton Vetinary Clinic and various independent retailers. Kilburn High Road, South Hampstead (overground) and St Johns Wood (underground) stations are nearby and numerous buses serve the area.
Description The shop comprises of the ground floor and basement of a prominent character terraced 3 storey mixed use building. The premises are currently trading as a very well established hairdresser from the ground floor with beauty, therapy and massage from the basement. The premises are in excellent condition throughout and the ground floor benefits from good ceiling heights, tiled flooring, glazed frontage, 8 hair dresser stations, 2 wash basins, attractive spot lights and a reception area. The basement consists of a reception room 3 different treatment rooms, shower, WC and staff room. Accommodation (all measurements are approximate) Ground Floor Basement Total net internal area
558 sq. ft. 523 sq. ft.
(51.87 sq. m) (48.60 sq. m)
1,081 sq. ft.
(100.47 sq. m)
Terms An assignment of a full repairing and insuring lease for a term of 12 years from 1st August 2013 until 31st August 2025 and subject to 4 yearly upward only rent reviews, the next rent review is due in August 2017. Rental £21,000 per annum exclusive of business rates, service charge and subject to annual increases of £750 per annum. Premium £35,000 for the benefit of this valuable lease, location, fixtures and fittings. Business Rates We understand the current business rates of the property are £7,200 payable per annum. All interested parties are advised to confirm the current rates payable with the Local Authority. Service Charge To be advised. Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
Legal Costs Incoming tenant to pay both parties legal fees. Viewing Strictly by appointment through the agents as the instruction is confidential: Currell Commercial Ltd 020 7354 5050 Beverley Hedge Jon Morell Chris Owen Eugenie Tilliole
email: [email protected] email: [email protected] email: [email protected] email: [email protected]
File Ref: S1481b
Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
Important Notice: 1. These particulars are prepared for guidance purposes only. They are intended to give a fair overall description of the property but are not intended to constitute any part of an offer or contract. 2. Nothing in these particulars shall be deemed to be a statement that the property is in good structural condition or otherwise nor that any services, equipment or facilities are in good working order. 3. Whilst all information contained in these particulars whether in the text, plans or photographs is given in good faith, intending purchases must make their own enquiries as to the accuracy of all matters upon which they intend to rely. 4. Value Added Tax - All rents, premiums, prices or other financial arrangements and charges stated are exclusive of Value Added Tax. Currell Commercial Ltd. Registered in England No 3905752. Registered Office: 9 Bonhill Street, London EC2A 4DJ
