Retail unit for sale in Christchurch

This property is marketed by:
Nettleship Sawyer

LOCATION

The business occupies a good town centre trading location at the southern end of Christchurch High Street, close to Pizza Express and Lloyds Bank. Church Street being a continuation of the High Street to Christchurch Priory, Quay and Castle ruins.

Christchurch is a thriving, attractive market town on the coast and forms part of the Bournemouth, Christchurch, Poole conurbation and abuts the New Forest National Park.

The towns harbour, beaches and nature reserves and historically important buildings have made the town a popular tourist destination and it has a population of approximately 48,000.

Other multiple retailers on the Towns High Street and within close proximity include M & S Food, Waitrose, Café Nero, Nat West Bank and Poundland.

ACCOMMODATION

Salon

Internal Width     13’ 8”

Depth            33’ 

Net floor area     452 sq ft

There are 5 cutting positions and an extended waiting area.           

Cloakroom / WC

THE BUSINESS

Long established and with an excellent following the business is staffed solely by our client and operates on a 3.5-day week, showing excellent levels of turnover and net profit.

Accounts will be made available to genuine interested parties.

LEASE

The property is currently let on an existing 10 year full repairing and insuring lease (by way of service charge, £225 per quarter) from 28th May 2018 at a rent of £16,000 pa without further review.

The lease has security of tenure in terms of renewal at the expiration of the existing lease.

PRICE

£63,950 

For the goodwill, fixtures, fittings and equipment.

BUSINESS RATES (source: www.voa.gov.uk)

Rates Payable £1,686.58

EPC

B rating

VAT

All figures quoted are exclusive of VAT if applicable