Retail premises for sale in Selden Parade, Worthing BN13

Spratt and Son's commercial department are delighted to offer this established hairdressing business and freehold property situated in a good location in a busy parade of shops in popular residential area.

The hairdressing business has been run for 20 years and has a loyal clientele. The shop is open four days a week, generates a good income for the current owner and there is plenty of scope to increase the working hours. The current owner is selling the business due to retirement.

The premises comprise an end terrace two storey building. The ground floor is a hairdressing salon/lock up shop with front forecourt and rear yard with parking space. This part of the building is offered with vacant possession.

The upper floor comprises a self-contained flat which is sold on a long leasehold basis.

At present the business is run entirely by the owner without any staff and would be ideal for an owner seeking an easily managed business with low overheads. However in this popular location, which is easily accessible and has plenty of available street parking there is great potential to develop the business.

Location:

The property is in a good location, situated at the end of a busy parade of secondary shops in Salvington Road, Durrington. The parade is in the middle of an established residential area of Worthing. Whilst currently a hairdresser, the shop lends itself to a variety of retail uses.

Accommodation:

Front Retail Area:
Width 15’6
Overall Depth 26’3
Approximate Retail Area 381 sq ft

Laundry Area 42 sq ft
Separate W.C.

Exterior:

Front Forecourt:
Approximately 14 ft deep x 16 ft wide

Rear Yard

terms:
The first floor flat is subject to a lease for a term of 99 years from 24 March 1993. The current ground rent payable is £100 per annum. The leaseholders of the flat are responsible for paying 50% of the cost of insuring the building and maintaining the main structure and exterior decoration. The ground floor is offered with vacant possession.

The premises comprises an end terrace two storey building. The ground floor is used as a hairdressing salon and has a front forecourt and rear yard. This part of the building is offered with vacant possession.

The upper floor comprises a self-contained flat which is sold on a long leasehold basis and is a ground rent investment.

Accommodation:

Front Retail Area:
Width 15'6
Overall Depth 26'3
Approximate Retail Area 381 sq ft

Laundry Area 42 sq ft
Separate W.C.

Exterior:

Front Forecourt:
Approximately 14 ft deep x 16 ft wide

Rear Yard

terms:
The first floor flat is subject to a lease for a term of 99 years from 24 March 1993. The current ground rent payable is £100 per annum. The leaseholders of the flat are responsible for paying 50% of the cost of insuring the building and maintaining the main structure and exterior decoration. The ground floor is offered with vacant possession.

Price:
£140,000 Freehold

legal fees:
Each side to bear their own legal costs in the transaction.

Rates:

Rv - £3,800

Viewing:
Strictly by prior appointment with Spratt & Son.