Property Details

GROUND FLOOR RETAIL UNIT AMOUNTING TO 75.3M²/ 811FT². AN OPPORTUNITY TO OBTAIN A FULLY FUNCTIONING HAIR SALON SITUATED IN THE HEART OF WAKFIELD CITY CENTRE. THE PROPERTY WILL SUIT A NUMBER OF USES SUBJECT TO ANY NECESSARY CONSENTS.

DESCRIPTION
An opportunity to acquire a fully functioning hair salon situated in the heart of the city centre. The premises is well presented throughout and features a fully tiled floor, spot lighting, reception desk, eleven dressing stations, 4 back wash stations and a colour mixing station along with WC, kitchen and store/office.

LOCATION
The property occupies a very visible trading position on Wood Street in Wakefield city centre. The property is located on Wood Street which is fast becoming a popular and stylish street in Wakefield with the likes of the Quabana restaurant and other established occupiers nearby including The Smokehouse restaurant, Oliver Dean hair salon and WH Brown estate agents. On street pay and display parking is available to the whole of Wood Street.

ACCOMMODATION

Main retail area - 11 dressing stations. - 65.5m²/ 706ft²
Colour station area - Fitted sink. - 3.5m²/ 38ft²
Store/ Office - To the rear of main area. - 2.7m²/ 29ft²
Kitchen - Fitted units. - 3.5m²/ 38ft²
W.C - Low flush and basin.
NET AREA - 75.3m²/ 811ft²

BUSINESS RATES
The property has a rateable value of £11,500 and is eligible for 100% rate relief subject to status. The standard rating multiplier for the year 2021/2022 is 51.2p in the pound (0.512). The small business multiplier is 49.9p in the pound (0.499). Individual occupiers may also benefit from small business rate relief and transitional relief. More information in respect of rates can be obtained from the appropriate Local Authority and the Valuation Office Agency website, www.voa.gov.uk.

VAT
We understand the property is presently elected for VAT however the owner reserves the right to charge VAT should they choose to do so. All figures are quoted net of VAT.

PLANNING
The existing planning use is likely to fall within Class E of the Town and Country Use Classes Order 1987 as amended. Interested parties should satisfy themselves by way of enquiry to the Local Authority, Wakefield Metropolitan District Council that their proposed use is acceptable.

TERMS
The property is available on a new lease for a term of three years or a multiple thereof at an initial rental of £16,000 per annum exclusive on a full reapiring and issuring basis.

LEGAL COSTS
Each party will be responsible for their own legal costs.

VIEWING
By prior telephone appointment through the agents.
Contact:
Michelle Graham
Tel: 01924 299494 (option 3)
Email: michelle@holroydmiller.co.uk

ENERGY EFFICIENCY RATING
The property is awaiting an Energy Efficiency Rating assessment.