London Properties Are Pleased To Offer To The Market This Established Barbers Shop Located On The West Side Of Leyden Street, Close To Its Junction With Cobb Street, Running Parallel With Middlesex Street Immediately To The North Is The Historic Spitalfields Market With Its Bustling Street Life, Burgeoning Artistic Scene And Variety Of Restaurants, Added To This The Property Also Benefits From The Dominance Of Office And Residential Occupiers In The Surrounding Area The Property Occupies A Good Trading Position With Good Footfall; Just A Few Minutesí Walk From Liverpool Street And Aldgate East Stations The Available Accommodation Comprises A Ground Floor Retail Unit With Ancillary Basement The Property Is In An Area With A Good Footfall And Would Ideally Suit A Variety Of Retail Operators Like Barbers, Beauty, Fashion Or Food Within A1 Use Class Internal Viewings Are Highly Recommended Through London Properties By Appointment Only for Sale
East London, London
Leasehold : £ 50,000
Turnover : £ 2,000 p.w.
The premises are prominently located on the west side of Leyden Street, close to its junction with Cobb Street, running parallel with Middlesex Street. Immediately to the north is the historic Spitalfields Market with its bustling street life, burgeoning artistic scene and variety of restaurants, added to this the property also benefits from the dominance of office and residential occupiers in the surrounding area. The property occupies a good trading position with good footfall, just a few minutesí walk from Liverpool Street and Aldgate East stations
DESCRIPTION: The available accommodation comprises a ground floor retail unit with ancillary basement. The property is in an area with a good footfall and would ideally suit a variety of retail operators like barbers, beauty, fashion or food within A1 use class
RENTAL: £17,000 per annum
TERMS: An assignment of the exiting lease expiring on 24 December 2019, contracted inside the provisions of the Landlord & Tenant Act 1954
BUSINESS RATES: £350 per annum. Interested parties are advised to make their own enquiries to the local authority.
SIZE: Approximately 699 sq ft: Ground Floor 312 sq ft & Basement 387 sq ft
OPENING HOURS: Monday - Friday 9.00 a.m till 17.00 p.m - Saturday 10.00 a.m till 17:00 p.m & Sunday Closed
STAFF: Owner managed with 2 staff
TURNOVER: Current turnover in excess of £104,000 per annum
LEGAL COST: Each party to bear their own legal costs
LOCAL AUTHORITY: Tower Hamlets
SERVICE CHARGE: £1,000 per annum
REFERENCE CHARGE: London Properties charges a fee of £200 plus VAT for taking up references for proposed tenants. This fee is non refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT: A holding deposit will be required to secure the property the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS: Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition.
AGENT NOTE: London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS: Through London Properties by appointment only
||Monday - Friday 9.00 a.m till 17.00 p.m - Saturday 10.00 a.m till 17:00 p.m & Sunday Closed
||Owner Managed with 2 Staff
||An assignment of the exiting lease expiring on 24 December 2019, contracted inside the provisions of the Landlord & Tenant Act 1954