Property description
Occupying a pleasant position on Beamish Street which is just off the High Street in Central Stanley. The rental shop has been used by the current tenant as a hairdressers/beauty saloon and is due to vacant soon. The premises is approximately 470 Sq Ft and benefits from a fitted kitchen area and staff toilet.
PROPERTY TYPE A1/A2 Retail and Financial/Professional services.
SERVICES The premises has electric and water but has no gas supply.
TERMS The landlord is offering up to 5 year full fix and repair lease with a 2 year break clause, although the landlord will negotiable if required.
COSTS £500 PCM with a £500 security deposit. The Tenant Is Also Required To Pay £300 Towards The Legal Costs To Create The Lease Agreement.
SERVICE CHARGE The Landlord pays the water rates for the shop unit and flat above and half's the bill between both properties.
VIEWING Contact David Bailes Property Professionals on 01207 231111
PARKING On Street Parking To The Front Of The Shop.
Admin fees
Costs
A holding deposit equal to 1 weeks rent is payable upon the start of your application.
Successful Applicates - any holding deposit will be offset against the initial rent or deposit, with the agreement of the payee.
Under the Tenant Fee Act 2019: The Holding Deposit will become non-refundable, should you fail your reference and credit checks, if you provide misleading information or fail to declare a county court judgement (CCJ) or an (IVA) on your application form or the nominated guarantor application form. We allow up to 15 days for all checks to be completed. Should you have any concerns regarding these checks, please notify a member of staff before you make payment.
Tenant(s) minimum yearly income affordability to pass the credit check is calculated at 2.5 times the yearly rent.
(Example: Rent of £400 PCM x 12 = £4,800 x 2.5 = £12,000) This minimum income can be shared on a joint tenancy only.
Working Guarantor minimum yearly income affordability to pass the credit check is calculated at 3 times the yearly rent.
(Example: Rent of £400 PCM x 12 = £4,800 x 3 = £14,400) (Or hold savings or pension(s) equal or more than this amount)
Please note: if you are claiming DSS, Universal Credit or your employment is on a zero hours contract or your employment position is temporary, you will require a guarantor in a permanent contract of employment.
Fees payable in accordance with the Tenant Fee Act 2019:
Additional variable charges may apply during the course of the tenancy or at the end and are detailed within the Tenancy Agreement, EG:
Default of Contract - Late Payment Charge - Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in
order to pursue non-payment of rent. Please Note: This will not be levied until the rent is more than 14 days in arrears.
Default of Contract - Loss of Keys or Security Device - Tenants are liable to the actual cost of replacing any lost key(s) or other security device(s). If the loss results in locks needing to be changed, the actual costs of a locksmith, new lock and replacement keys for the tenant, landlord any other persons requiring keys will be charged to the tenant. If extra costs are incurred there will be a charge of £15 per hour for the time taken replacing lost key(s) or other security device(s).
Contract Variation - Admin Charge - £50
Early Termination - Admin Charge - £50 (Should the tenant wish to leave their contract early, they shall be liable to the landlords costs in re-letting the property as well as all rent due under the tenancy until the start date of the replacement tenancy. These costs will be no more than the maximum amount of rent outstanding on the tenancy.)
We are part of the Redress Scheme: The Property Ombudsman
We are part of a Client Money Protection Scheme: National Federation of Property Professionals
