Shenley Road, Borehamwood, Hertfordshire, WD6Due To Retirement Ground Floor Shop Premises Currently Trading As A Barber Shop to let

About this property

Comprises a ground floor shop unit currently trading as a Barbers which has been well established for over 40 years, with 2 secure parking spaces and access to the rear.

Location

Well positioned on Shenley Road within a short walking distance of Elstree and Borehamwood studios.

Within a parade a shops forming part of the main retail area in Borehamwood and within close proximity to the Borehamwood Retail centre.

Shenley Road leads to the A1 and from there to J23 of the M25, approximately 2.5 miles away.

There is pay and display parking to the front of the property.

Lease

Assignment of the current lease which we understand commenced on the 25th March 2019 for a term of 8 years, with a rent review and tenants only break option in March 2023.

Rent

£17500 per annum exclusive plus premium payment

Price

Premium

By way of separate negotiation, the current tenant is seeking in the order of £40,000 for the goodwill of the business including stock, fixtures and fittings.

Legal Costs

Each party to be responsible for their own legal costs.

Car Parking Details

Two secure parking spaces to the rear.

Viewing

By appointment only please through the owners Sole Agents:

VAT

We understand that VAT is not currently payable on the rent

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