A ground floor of some 57.6 SqM (620 Sq Ft) consisting of a reception sales area and treatment rooms, with a lower ground floor of 44.5 SqM (479 Sq Ft) incorporating further treatment rooms.
It is considered that several of the treatment rooms can be let on weekly sublet licenses, potentially incorporating a number of related uses such as hairdressing, therapies, beauty etc in addition to the tanning services offered.
CURRENT BUSINESS USE
Interested parties are advised to seek clarification of permitted use from the local authority.
CURRENT BUSINESS RATES
Figures from the Valuation Office show a current rateable value of £10,750 per annum as at 15th March 2019 which normally means an amount payable of between 40%-50% of this figure. Please check with the relevant local authority which is Gravesham Borough Council. You as a tenant may qualify to apply for small business rates relief, meaning you could pay nothing or a proportion of this payable amount.
The landlord has verbally confirmed that they are happy to enter into a new lease with a new tenant. A rent of £33,000 per annum incorporates 2 self-contained flats, currently producing income to the tenant of £14,400 per annum (leaving a net rent to the shop of £18,000 per annum).
Located on Gravesend's busy one-way system, just west of the town's main pedestrianised thoroughfare, and within 352 yards of Gravesend Station. A tanning and beauty therapy business established at this location for 20+ years, set within a prominent double fronted shop.