A prominent three storey terraced building comprising shop premises at ground floor trading as Golden Scissors Barbers. The shop is predominantly an open plan retail area to the front with partitioned store to the rear, together with single toilet. The internal staircase leads to the first floor where there are two rooms, together with large kitchen area and separate shower/toilet. The second floor comprises two rooms. The building forms part of Braintree town Conservation Area.
Location
Occupying a prominent position fronting Bocking End at its junction with Rayne Road and Bank Street on the northern side of the town centre, directly opposite the White Hart Public House and Hotel.
Braintree town centre offers a mix of recognised and independent occupiers all adjoining George Yard shopping centre within the prime retailing area between George Yard, Great Square North and Bank Street.
Braintree is located along the A120 linking Bishop's Stortford (Stansted Airport) approx 20 miles to the west and Colchester city centre, 17 miles to the east. Chelmsford is located 13 miles to the south.
Tenure
Freehold subject to the existing lease.
VAT
All rents, prices and premiums are exclusive of VAT under the Finance Act 1989.
Rating
The premises has a Rateable Value of £12,250. Interested parties are advised to make their own enquiries of Braintree District Council for verification of rates payable.
TENANCIES
The building is held on a lease to C L Jennings (1995) Ltd until August 2028 at a passing rental of £15,000 per annum exclusive. The premises is sub-let to Mr M Y Simsek (Golden Scissors). C L Jennings (1995) Ltd is part of Ladbrokes Coral Group Limited whose ultimate holding company is Entain Plc.
Legal Costs
Each party to bear their own legal costs incurred in any transaction.
EPC
The building has a rating of D - 83.
Tenure Comments
Freehold subject to the existing lease.
( Agency Pilot Software ref: 8905815 )
