To Let Long Established Hair Salon Premises 389 sq.ft (36.11 sq.m) 1B Princes Street East, Exeter, EX2 9ES Location: Princes Street East is located in the popular St Thomas area of the City, lying approximately 1 mile to the south of the central area and just off Alphington Road (A377). St Thomas is primarily a residential district with excellent access to the Quayside and some of the best public parks. The area benefits from a good range of retail, food and leisure facilities which are all close at hand. 1b Princes Street East is situated adjacent to a Premier Convenience Store and opposite Acorns children s day nursery. Aldi and The Range are both a short walk away. There is on street parking to the front of the premises and in the adjoining residential streets.
Description: These attractive lock-up premises have traded as a hair salon since 1994. The current tenant wishes to reduce her working week and will either retire or consider working part time in the salon if this suits the incoming business. In brief, the premises comprise a well-proportioned salon with a large traditional glazed frontage with offset entrance. Internally the premises have been modernised, benefitting from a new insulated roof covering in 2014, a recently installed suspended ceiling, rewiring, fluorescent lighting and decorated to a good standard. There are five cutting positions with salon adjustable styling chairs and wall mounted mirrors set above each cutting position counter, with ample power points and well organised as one would expect of a long established business such as this. There are two backwash positions, each with its own independent electric shower unit and an attractive mosaic splashback situated behind. There is a marble effect easy clean finish to the walls to a height of 0.85m and the floor is tiled. A partition at the rear of the salon provides a useful screen, creating a private alcove with a roll top counter forming a tea/ coffee preparation area and facility for mixing colours. There is also shelving for the salon colourants and products. Beyond this area is a single WC with hand basin and space for a washing machine, there is a modern PVCu double glazed window which opens into an enclosed external recess at the rear of the property. Services: Mains water and electricity are connected to the premises. There is a telephone line installed. Terms: The premises are currently let until 22 nd February 2019. A new lease of the premises will be available on a contributory full repairing and insuring basis for a term of 10 years after that date. The lease will contain an upwards only rent review at the end of the fifth year by reference to the consumer price index (CPI). Rent: 8,500 per annum exclusive. Buildings Insurance & Service Charge: The tenant is liable to reimburse the landlord for a fair proportion of the cost of the annual buildings insurance and shared maintenance of any common parts and services costs which are charged annually. Details are available from the agents. Salon Furniture & Equipment: The current tenant would be willing to sell her salon furniture and equipment by separate negotiation to interested parties. Please discuss with the letting agents who can provide further details on request. VAT: VAT is not chargeable on the rent or service charge. THE CODE FOR LEASING BUSINESS PREMISES IN ENGLAND AND WALES 2007 Please see www.leasingbusinesspremises.co.uk
Asbestos Regulations: It is the responsibility of the owner or tenant of the property, and anyone else who has control over it and / or responsibility for maintaining it to comply with the Control of Asbestos Regulations 2006 (CAR 2006). The detection of asbestos and asbestos related compounds is beyond the scope of Haarer Goss and accordingly we recommend you obtain advice from a specialist source. Business Rates: According to the Valuation Office Agency website, the property has the following assessment: Rateable Value: 5,500 Rates Payable for 2018 / 2019: 2,640 From 1 st April 2017 100% rates relief is applicable to qualifying tenants up to a Rateable Value of 12,000. We recommend that interested parties contact Exeter City Council on 01392 277 888 for further information. Energy Performance Certificate: The energy performance certificate rating is E115. The full certificate and recommendations can be provided on request. Estate Agents Act 1979 Declaration of Personal Interest: Under Section 21 of The Estate Agents Act 1979 interested parties should be aware that the managing director of Haarer Goss Limited owns the freehold of these premises. For further information or to view the premises please contact Iain Biddlestone. Strictly by appointment through the Sole Agents Haarer Goss. Haarer Goss 17 Barnfield Road Exeter EX1 1RR (01392) 251171 or email: enquiries@haarergoss.co.uk IMPORTANT: MISREPRESENTATION ACT, 1967. Messrs. Haarer Goss, for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not constitute, nor constitute any part of, an offer or a contract; (2) All statements contained in these particulars as to this property are made without responsibility on the part of Messrs. Haarer Goss or the vendors or lessors; (3) None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact; (4) Any intending purchasers or lessees must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars; (5) The vendors or lessors do not make or give, and neither Messrs. Haarer Goss nor any person in their employment has, authority to make or give any representation or warranty whatever in relation to this property; (6) Messrs. Haarer Goss cannot hold themselves responsible for travelling expenses, etc., should properties be let, sold or withdrawn. Date: August 2018.
Location Plans 1B Princes Street East, Exeter