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COMMERCIAL

Market Place, Faversham, ME13

£1,667 pcm
£20,000 pa
W.H Breading & Son, Whitstable

Letting details

Let available date:
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Let type:
Long term
PROPERTY TYPE

Shop

SIZE

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Key features

  • Ground floor premises
  • Situated within the Market Square
  • Superb footfall
  • Close to public car park
  • Currently trading as a hair salon
  • New lease to ingoing tenant

Description

A ground floor commercial premises, situated in Faversham's historic Market Square, offering a turnkey opportunity to the existing business or an exciting opportunity to try something new. (Subject to all relevant consents).

'The Lounge' has been trading for over 18 years, and in this time has built a fantastic reputation for quality and style.

Situated in one of the most iconic buildings in the Market Square, on entering you cannot help but be impressed by the superb quality and luxury feel of the whole salon. The tiled floors, mirrors and fixtures are in stunning contrast to the Grade II Listed exterior. The waiting and reception area is around 38m2 (409ft2) with quality sofa's and stylish bar area. There are three backwash basins to one side and a small step up into the main stylist area. This space is around 25.5m2 (275ft2) and again fitted out to the highest specification. All seven stylist chairs and backwash basin and chairs are from the Italian designer brand 'Pietranera'.

Downstairs, there is plenty of storage and a staff room area with small kitchen area and customer toilets. There is also a further styling/treatment room (finished to the same exacting high standards as the rest of the salon) of around 8m2 (86ft2) offering either a private client space or potential for sub-letting for perhaps beauty treatments.

This really is a fantastic opportunity to take over a thriving, existing business which undoubtedly has plenty of room to expand and grow. Currently trading four days a week, this could instantly be expanded for immediate, additional income. The current owners are looking to retire but are willing to help any new owner settle in if desired, or step away, the choice is yours!

A premium of £45,000 is sought for the existing business.

The freeholder will offer the incoming tenant a new 5-year lease at £20,000pa.

Business rates: £14,750 This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill. To estimate your business rates, visit the VOA website.

All enquires strictly to Breadings.

Market Place, Faversham, ME13

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Faversham Station0.3 miles
  • Selling Station3.4 miles
  • Teynham Station3.8 miles

About W.H Breading & Son, Whitstable

139C, Tankerton Road, Whitstable, CT5 2AW,

Breadings are a private, independent Estate Agent established for more than 70 years and have a reputation built on sound, traditional principles. Our knowledge extends to all types of property in the area; from country houses to starter homes and everything in-between

Notes

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Disclaimer - Property reference WHBRE_002173. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by W.H Breading & Son, Whitstable. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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