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TENANT FEES - NEW ASSURED SHORTHOLD TENANCIES (AST's) SIGNED ON OR AFTER 1 JUNE 2019
Reservation Fee - One week's rent.
Security Deposit - Five weeks rent if rent per annum below £50,000, six weeks rent if above £50,000
Unpaid Rent - Interest at 3% above the Bank of England Base Rate. Interest will not be applied until the rent is 14 days in arrears.
Lost Keys - Tenants are liable for the cost of replacing any lost keys and/or security device including the costs of replacing any locks and/or security device if required.
Changes to the tenancy agreement (Tenant's Request) - £50 inc. VAT (or reasonable costs if higher).
Early Surrender of tenancy (Tenant's Request) - Should a tenant require an early surrender of their tenancy and should the landlord agree, the tenant will remain liable for the rent due under the tenancy until the date a new tenant takes up occupation of the property. The tenant will be required to cover the landlord's costs in connection with the surrender of the tenancy and the re-letting the property

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For Sale POA

Caledonian Road, London, N1 - POA

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Barbershop lease for sale
Kings Cross

Summary and itinerary.

Busy barbershop in the heart of Kings Cross with heavy business and residential footfall.
Wooden panel shop front with large windows and 3 opening windows.
Full shop sign fitted with LED lettering and handmade barber pole.
Well light shop with feature lighting over customer seating area.
3 working stations. All 3 Takara Belmont Apollo Elite chairs.
Customised handmade working stations, reception and units.
2 floors - upper floor mezzanine used as staff room.
1 back wash basin.
2 W/c - one downstairs for customers and one upstairs for staff.
Seating area for waiting customers with 2 benches (seating up to 7). Wall mounted TV and fridge.
Upstairs staff room has 3 more hairdressers chairs and a table (currently used for staff) along with a washer/dryer, fridge, microwave, safe separate storage room and w/c.

Location

Based on Caledonian Road (Kings Cross side) around a 4 minute walk from Kings Cross station.
Local to many major high end companies, businesses, hotels, restaurants, bars and nightclubs including; Google (new office to be completed next year), Facebook, The Guardian, Sony, Universal, Institute of Physics, Camden Council, Granary Square, Coal Drops Yard and many many more.

Dimensions
509.35sq ft over two floors. 293sq ft ground floor working area and the rest is a mezzanine staff room.

The business
Busy barbershop trading for over 5 years. Surviving lockdown and restrictions with massive potential to increase turnover.
4.9* Google reviews.
Very unique to the area as to location and what it offers.

Opening hours
Changed after lockdown to :
Monday : closed
Tuesday : 10-6
Wednesday : 10-6
Thursday : 10-6
Friday : 10-6
Saturday : closed
Sunday : closed

Before lockdown:
Monday : 9-7
Tuesday : 9-7
Wednesday : 9-7
Thursday : 10-8
Friday : 9-7
Saturday : 10-5
Sunday : closed

Lease
2 years remaining with option to renew.
Current rent £15,400.

Premium
A premium of £155k subject to contract is sought for the benefit of the leasehold interest as a fully operational trading entity to include current equipment, fixtures and fittings.
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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

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