538 sq. ft (49.98 m²)
Key features
- Centre of Student Area
- Ground & Mezz
- 538sq ft
- Held on F.R.I Lease on Personal Name
- Expiry 2035
- Passing £10,200p.a. (ERV £15,000p.a.)
- Price: £170,000
Description
The unit under consideration offers a ground floor hair salon with w.c. facilities at ground floor and converted mezzanine offering 2 partitioned treatment rooms, and relaxation area.
The property is presented in excellent condition having been extensively refurbished by the tenant.
Area
Ground: 33.91sqm (365sq ft)
Mezz: 16.07sqm (173sq ft)
Total: 49.98sqm (538sq ft)
Lease Summary
The property is held on a full repairing and insuring head lease on a personal name expiring 2035 at a current passing rent of £10,200per annum with rent reviews every 5 years with 2025 rent review outstanding.
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