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HAIRDRESSING BUSINESS AND PREMISES FOR SALE, HIGHAM, ROCHESTER, KENT

Higham, Kent
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  • Freehold: £250,000
  • Turnover: N/A £0 Per week
  • Net Profit: N/A

Business Details

GUIDE PRICE
£250,000-£275,000

  • A Double-Fronted Corner Shop Unit
  • Prominent Position with Wrap Around Forecourt
  • Additional Income of £6,220 PA from Room Let and Phone Mast
  • Genuine Sale due to Retirement

LOCATION DESCRIPTION 
12 School Lane holds a prominent position within the heart of Higham Village, lying on the apex of School Lane and Hermitage Road. The A2/M2 lies around 2.4 miles to the south, linking to the M25 and Dartford River Crossing.  Higham Train Station is around 0.9 miles to the north, linking to London Bridge and Charing Cross.

PROPERTY DESCRIPTION 
Ground Floor: 
A corner double fronted shop unit currently trading for 55 years and Higham's sole hair salon consisting of:
Main hair salon: 35.84 SqM (386 Sq Ft)
Treatment room: 11.51 SqM (124 Sq Ft) currently sublet for £110 per week.
Staff kitchen area: 5.71 SqM (61 Sq Ft) plus staff WC and lobby.
First Floor:
The flat to the first floor has been sold off on a long leasehold.
The wrap around pavement to the shop is part of the demise of the premises.

CURRENT CLASS OF BUSINESS USE
The current class of business use is an 'E' Category Use.  Interested parties are to seek clarification from the local authority.

CURRENT BUSINESS RATES
Figures from the Valuation Office show a current rateable value of £8,200 per annum as at August 2021 which normally means an amount payable of between 40%-50% of this figure. Please check with the relevant local authority which is Gravesham Borough Council. You as a tenant may qualify to apply for small business rates relief meaning you could pay nothing or a proportion of this payable amount.

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Key Features

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Energy Performance Certificate (EPC)

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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