LOCATION
Ruskington is a popular, larger than average village, located approximately four miles north of the Market Town of Sleaford. The larger city of Lincoln is located on the B1188 approximately fourteen miles to the north. The village offers a good range of local amenities to include a Coop Food Store with Post Office and Pharmacy, various Local Shops, Takeaways, Public Houses, Primary and Secondary Schools and a Railway Station on the Sleaford to Lincoln line.

DESCRIPTION
To Include Fixtures & Fittings, Stock and Goodwill - An excellent opportunity to purchase a Freehold Investment Property located in the centre of the village of Ruskington. The ground floor currently comprises a well-established trading hairdressing salon (Business Unaffected) and is currently fully equipped for this use, with items included within the asking price. To the first floor, there is a one bedroom flat, currently let on an Assured Shorthold Tenancy Agreement. The property is being offered for sale due to the owner retiring.

ACCOMMODATION
HAIRDRESSING FRONT SALON - 3.95m x 3.84m (max dimensions)
Having a large display window to front elevation, entrance door and currently occupied by four chairs.

REAR SALON AREA - 4.79m x 2.30m (max dimensions)
Two wash basin chairs and two hairdryer seats, with store room off.

STAFF ROOM - 4.24m x 2.26m
With rear entrance door and internal door leading to the first floor flat.

KITCHEN - 3.42m x 1.51m
With fitted base cupboard, work surface, stainless steel sink and eye-level units.

CLOAKROOM - 1.92m x 0.9m
With wash basin and WC.

OUTSIDE
There is a small yard adjacent to the rear of the property, which is shared with the neighbouring properties, over which there is a pedestrian access.

FIRST FLOOR FLAT
Access to that flat is via an internal door from the Staff Room, with stairs leading to the First Floor Landing.

Living Kitchen - 3.90m x 3.87m
Having a range of modern fitted units comprising base cupboards and drawers with work surfaces over, inset stainless steel sink with hot and cold mixer tap. Electric oven and gas hob. There is a uPVC double glazed window to the front elevation and a feature decorative brick-built chimney breast.

Bedroom - 3.94m x 2.43m
Having new PVC double glazed window to the front elevation.

Bathroom - 2.57m x 2.68m
Having fitted three piece suite comprising; WC, wash basin and panelled bath. There is a uPVC double glazed window to the rear elevation.

SERVICES
Mains water, electricity and gas are connected to the property. Heating to the salon is provided by a wall mounted electric heaters and there is a gas fired central heating system to the first floor flat. The latter is served by a combination boiler located off the Bathroom.

Hot water to the salon is provided by a hot water cylinder with a timed immersion control.

ENERGY PERFORMANCE CERTIFICATE
Ground Floor Salon - C(62)
First Floor Flat - EPC Rating - C(72).

TERMS
Available to purchase on a Freehold basis with Vacant Possession upon completion for the salon to include all fixtures and fittings, stock and goodwill. The flat is subject to an Assured Shorthold Tenancy Agreement and the Vendor advises that the current rent passing is £625 pcm.

OUTGOINGS
The current Rateable Value for the property is £2,950

Small Business Multiplier (2023/2024) 49.9p in the £.
The property may qualify for small business rates relief.

It may be possible to obtain Small Business Rates Relief, depending on individual circumstances.

The flat has a council tax band of A.

VAT
The Vendor has advised that VAT is not payable on the purchase price.

LEGAL COSTS
Each party is responsible for their own legal cost incurred.

VIEWING
Strictly by appointment through Mundys.