Description:
Ground Floor (Right Hand Side):
- Trading as a hair salon.
- The main sales area measures 198 sqft (18.41 m2), plus rear store/treatment room of 73 sqft (6.74 m2).
- Rental as from July 2025 = £5,719 pa.
Ground Floor (Left Hand Side) & Entire First Floor:
- Trading in beauty/cosmetics.
- The ground floor measures 137 sqft (12.76 m2), plus there are three first floor rooms which combine 323 sqft (30.04 m2) and a bathroom.
- Rental as from July 2025 = £7,864.92 pa.
Total rent roll as of July 2025 = £13,584 pa. The tenants each took occupation in 2012 upon a 5-year lease, which expired in 2017, although the tenants remain in occupation. Further lease details are available upon request. We are of the opinion that both premises are under-rented and that by implementing formal lease renewal proceedings, a rental uplift is possible. Furthermore, STPP, there is potential for conversion of the upper floor to residential.
Location:
The pavement-lined, Grade II Listed property is located on High Street South within Dunstable town centre, at the corner of Wood Street. All town centre amenities are within walking distance including shops, banking, cafes, restaurants, bars, supermarkets, public parking, etc.
Terms:
The freehold interest, with the benefit of both tenants in situ, is available for £275,000.
Rateable Value:
The Rateable Value for the subject premises are:
Please note this is not rates payable.
Legal Costs:
Each party to bear their own legal and professional costs.
VAT:
We are advised that VAT is not applicable.