20 High Street

Monifieth, DD5 4AE

705 sq ft
For Sale / To Let
Retail

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EXCELLENT OPPORTUNITY TO ACQUIRE A POPULAR AND ESTABLISHED SALON BUSINESS WITHIN BUSY SHOPPING CENTRE

Property Type Retail
Tenure For Sale / To Let
Size 705 sq ft
Freehold Price £25,000 (no VAT)
Rent £9,000 per annum (no VAT)
Business Rates £2,702.80, per annum, (based on rateable value of £5,800)

Key Features

  • ESTABLISHED BUSINESS
  • PROMINENT HIGH STREET POSITION
  • EXCELLENT FIT-OUT
  • FULLY GLAZED FRONTAGE
  • HIGH VOLUME OF PASSING TRAFFIC
  • FULLY EQUIPPED

Location

The subjects are located in the heart of Monifieth and form part of the Monifieth shopping centre which is a popular mixed-use retail destination accommodating a wide variety of retail and food outlets including Farmfoods, Ladbrokes as well as a butcher, dentist, bakery and opticians. Monifieth is a vibrant retail centre which serves a densely populated residential surrounding area.

Description

The subjects comprise an attractive single storey commercial unit of brick construction under a flat felt roof which benefits from large display windows and glazed pedestrian entrances fronting on to High Street. 

Internally, the accommodation comprises a spacious and bright retail space with additional office / store, kitchenette and WC to the rear. The shop is fitted to an excellent standard with timber flooring, plasterboard lined walls and suspended ceilings incorporating modern spotlighting.

Accommodation

We have measured the premises in accordance with the RICS Code of Measuring Practice (6th Edition) to be as follows:

Floor Sq.m. Sq.ft.
Ground 65.52 704

The Business

The business benefits form a lease expiring October 2019 with a passing rent of £9,000 per annum.

The unit has traded as a hair salon since 1980 and the current occupier enjoys strong levels of trade with many repeat customers providing a constant and reliable income throughout the year. The area hosts an abundance of shops and complimentary businesses, schools and residential housing generating much repeat trade. The business is only being offered for sale due to our clients relocation and we are of the opinion that this offers a walk-in opportunity, with superb potential for any passionate person looking to run a business in the heart of a much sought after location. 

Terms

The business is available to purchase with all fixtures, fittings and equipment included. Stock will be available on a cost basis.

Our client is willing to consider offers in the region of £25,000 for their interest in the business.

Viewing

Strictly by appointment by the sole marketing agents.

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