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  • Prominent High St Location
  • Characterful Grade 2 Listed Premises
  • Turn Key Opportunity
  • Goodwill of Existing Business
  • Exceptional Presentation
  • Exceptional Fixtures

Full Description

** To Let/ May Sell **This is truly an exceptional opportunity. 'Sugar Plum Fairy' is a long established successful hair salon which has become available to let due to a change in the owners circumstances. The opportunity exists where you can acquire exceptional luxurious premises, fixtures and equipment** along with the goodwill associated with its many years of successful trading. If you are considering opening up your own salon, then you can start immediately avoiding the unappealing costs associated with start up.http://www.sugarplumhairsalon.co.uk/The property to let comprises: communal entrance lobby; front reception room; 4 seat cutting room 1; 4 seat cutting room 2; 2 person wash area; WC; kitchen/ store.With its characterful brick and stone exterior, this historic grade 2 listed building is likely to date back to C17. The interior will really get your pulse racing being packed with a wealth of features and fixtures such as: vaulted ceilings with skylights; exposed timbers; stylish luxury flowing vinyl tile flooring; solid stone wall mounts and splash backs; feature lighting (wash area light excluded); solid stone faced product display shelving to mention a few. This is as close to perfect as you will find!There is a separate two room unit (plus WC) at the first floor, initially set out as treatment rooms which is currently rented for 12mths.**equipment etc is subject to a higher rental rate, contact the office for more information.

Front Reception

4 Seat Cutting Room 1

4 Seat Cutting Room 2

2 Seat Wash Area

WC

Rear Kitchen/ Store

Lease
Lease, deposit and initial payment size to be negotiated. New start up businesses considered, subject to status a guarantor may be required. The landlord instructs us to execute a tenant fully maintaining and insuring lease, tenant to pay landlords reasonable legal expenses.

Business Rates
The most recent rateable values are not available on the VOA website, interested parties will need to rely upon their own enquiries.

A previous listing exists which reflects the whole first and second floors of the building and follows on below for loose guidance purposes only:
Shop floor areas
DescriptionArea m²/unit£ per m²/unitValue Help with Value
Ground floor retail zone a19.2£170.00£3,264
First floor kitchen11.2£8.50£95
Ground floor staff toilets0£0.00£0
Ground floor retail zone b16.9£85.00£1,437
Ground floor retail zone c18.1£42.50£769
First floor internal storage20.2£8.50£172
Total85.6 £5,737

Small Business Rates Relief
Small business rate relief
You can get small business rate relief if:

your property’s rateable value is less than £15,000

your business only uses one property - you may still be able to get relief if you use more

You cannot get small business rate relief and charitable rate relief at the same time. Your local council will decide which type of relief you’re eligible for.

What you’ll get
How much small business rate relief you get depends on your property’s rateable value.

You will not pay business rates on a property with a rateable value of £12,000 or less, if that’s the only property your business uses.

For properties with a rateable value of £12,001 to £15,000, the rate of relief will go down gradually from 100% to 0%.

Example
If your rateable value is £13,500, you’ll get 50% off your bill. If your rateable value is £14,000, you’ll get 33% off.

If you use more than one property
When you get a second property, you’ll keep getting any existing relief on your main property for 12 months.

You can still get small business rate relief on your main property after this if both the following apply:

none of your other properties have a rateable value above £2,899

the total rateable value of all your properties is less than £20,000 (£28,000 in London)

How to get small business rate relief
Contact your local council to:

check if you’re eligible

find out how to get small business rate relief

check if you can get any other types of business rates relief on top of small business rate relief

If your circumstances change
Report changes to make sure you’re paying the right amount and do not get a backdated increase in your bill or overpay.

Contact your local council if:

your property becomes empty

you get another property

you make any changes to your property that would increase its value - for example, extending or renovating it

the nature of your business changes or it moves to different premises

The amount of small business rate relief you’re eligible for may change. For example, it may decrease if the rateable value of your property has increased.

You’ll usually need to pay your new rate starting from the day your circumstances changed.

Check which changes in circumstance you need to report to the Valuation Office Agency (VOA).

VAT
VAT may be due whether or not mentioned within these particulars.

Viewing
Please contact us on 01260 543 999 if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Chris Hamriding - CW12 endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

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