For Sale - Picasso's Hair Salon, 9A Market Buildings, Ironbridge, Telford, TF8 7AD

£10,000

Property Summary

Property Description

•Established Hair Salon Business For Sale (premises available to rent subject to lease assignment) •Ground floor premises situated within close proximity to the world famous Ironbridge •Regular, repeat customer base with potential to increase turnover •Occupied on a lease available subject to landlords consent •EPC Rating G188

Property Full Details

LOCATION
The property is situated fronting onto High Street in Ironbridge within close proximity to the Ironbridge.

Ironbridge is within the world famous UNESCO World Heritage site of the Ironbridge Gorge and approximately 5 miles from Telford Town Centre and junction 5 of the M54 motorway and 14 miles from Shrewsbury, the County town of Shropshire.

Surrounding users include a post office, pharmacy, fish and chip shop, clothes shop, sweet shop and restaurant.

DESCRIPTION
Business for sale (the premises are available to rent subject to lease assignment and Landlords consent): The property comprises a ground floor hair salon and forms part of Market Buildings an attractive two storey Grade II Listed Building of brick construction under a pitched tiled roof. Whilst not forming part of the property, public toilets are immediately opposite at the rear. The hair salon has two cutting stations, one wash basin station and one nail station. The property has a laminate floor with painted plaster walls, ceiling spot lights, extractor fans and window seat

ACCOMMODATION
The property comprises the following accommodation
(all measurements are approximate):

Ground Floor
Hair salon 15.12 sq m (163 sq ft)

SERVICES
We understand that mains water; electricity and drainage services are connected. Heating of the premises is by way of portable electric convector heaters. Interested parties should make their own enquiries with the appropriate suppliers regarding any connection arrangements.

TERMS
Business
The business has been trading under the current operator since 2017. The business operates Tuesday, Wednesday and Friday 9am to 5pm; Thursday 9am to 7pm and Saturday 9am to 3pm.

Trading figures are available in respect of the business and may be provided after an inspection has been carried out.

Fixtures & Fittings
The fixtures and fittings will be included as part of the agreement of sale. Stock at valuation is by way of separate negotiation.

Personnel
We are advised by the owner that the business employs one full time member of staff and one part time member of staff.

Tenure
The property is occupied by virtue of a lease granted for a term of 6 years commencing 9th January 2017 paying a rent of £3,100 per annum payable by equal monthly payments of £258.33. The lease is available by way of an assignment or under letting of the whole subject to Landlords consent and conditions. A copy of the lease is available upon request after an inspection has been carried out.

OUTGOINGS
We understand from the Valuation Office Agency website that the premises are listed with a rateable value of £1,750 on the 2017 listing. Small Business Rate relief may be available and interested parties should make their own enquiries of the local authority.

VAT
We are advised by the owner of the business that VAT is not paid on the rent. We are also advised by the owner of the business that the business is not VAT registered.

VIEWING
Strictly by prior appointment with the sole agent, Barbers:
Tel: 01952 221220
Email: commercial@barbers-online.co.uk
1 Church Street
Wellington
Telford
Shropshire
TF1 1DD