Location
This property is located within the main shopping area serving the popular and thriving suburb of Heaton. The unit previously traded as a Greggs shop but was refurbished by the current tenant in 2019 to a high standard.
Chillingham Road is an extremely busy route and nearby occupiers include Tesco, Sainsbury Local, plus a wide range of independent retailers.
Business Opportunity
The premises comprise a self - contained retail unit which currently operates as a ladies hair and beauty salon. However, the current owner wishes to reduce her work commitments and will be taking the beauty element of the business and those clients to an alternative site. This unit will be available with the benefit of the high quality fit out plus the fixtures and fittings for the hairdressing element.
The unit could also be suitable for other uses, subject to landlord’s consent, and there are high levels of passing and captive trade. The unit has the benefit of electric roller shutters to the front and there is free pull in parking.
Staff
An apprentice is included in the transfer.
Accommodation
Ground Floor
Salon / Shop 530 sq.ft. (49.3 sqm.).
W.C.
Terms
The property is held on a 6 year FRI lease from 2019 available at a passing rent of £16,000 per annum. A copy of the lease is available on request.
Services
Electricity and water are installed.
Business Rates
the premises are assessed as follows:
Rateable Value £12,500
Rates incentives subject to status.
EPC
Rating B
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
