59 Old Elvet, Durham

Beauty Salon Premises To Let Within Established Hotel

Description: The property comprises a self-contained beauty salon accommodation arranged over two treatment rooms and offered in shell specification, allowing an incoming tenant flexibility to fit out and equip the space to suit their operational requirements. No fixtures, fittings or beauty equipment are included within the letting. The premises are intended for use as a high-class beauty salon and hairdressing operation, providing treatments that complement the hotel’s existing spa and leisure facilities. All treatments will be subject to the approval of the Hotel Manager and must accord with the agreed Treatment List and Treatment Requirements.
The accommodation is available on an inclusive rental basis, with utilities and buildings insurance incorporated within the rent. No service charge is payable.

Location: The premises are prominently located within the Delta Hotels by Marriott Durham Royal County, a well-established hotel occupying a prime position on Old Elvet in Durham City Centre. The hotel overlooks the River Wear and is situated within walking distance of Durham Cathedral, Durham Castle, Durham Railway Station and the city’s principal retail, leisure and tourist attractions. The location benefits from substantial footfall generated by hotel guests, business travellers, university visitors, tourists and local residents. Durham is a thriving cathedral city and UNESCO World Heritage destination, attracting millions of visitors annually and providing a strong customer base throughout the year

Use: The landlord is seeking a reliable tenant to operate a high-class beauty salon or hairdressing operation, providing treatments approved by the Hotel Manager in accordance with an agreed Treatment List and Treatment Requirements, and must operate in a manner that complements, and does not compete with, the hotel’s existing spa and leisure facilities; intimate waxing is expressly excluded, and the tenant must comply with all applicable age restrictions, supervision requirements and hotel regulations.

Terms: The unit is available via way of new lease on an inclusive rent at £15,000 per annum subject to terms with utilities and building insurance included in the rent.

Rating Assessment: The rateable value of the premises is£13,500 meaning the estimated rates payable are £6,736.5

EPC: C (71)