Class E Premises on Ground Floor, 14-16 Castle Street, Christchurch, BH23 1DT

Description

Ground Floor Class E Freehold Unit Available For Sale in Attractive Market Town

LOCATION
The historic town of Christchurch is located on the south coast some 6 miles east of Bournemouth and has a magnificent 11th Century Priory at its heart. Christchurch offers excellent shopping facilities with a vibrant mixture of both local and national retailers represented. The town serves an affluent local population and the significant influx of tourists to the region during the summer months offers good potential for extra trade.

The town also features a well renowned culinary scene with numerous quality restaurants and eateries featuring in the town centre. The famous annual Christchurch Food and Wine Festival has been running since 2000, along with various other annual events.

The subject premises occupy an excellent trading location just off the High Street close to the well-regarded Kings Arms Hotel and also Nusara Thai restaurant. Castle Street features a number of professional services providers together with bespoke retailers.

DESCRIPTION
An attractive Grade II listed property comprising a ground floor double fronted shop unit previously trading as a Cafe with both front and rear seating areas, suitable for a variety of uses. Available to purchase with vacant possession. Trade fixtures and fittings available by separate negotiation. There is rear pedestrian access for deliveries if required, but no parking.

There are 3 flats which have been sold off by way of long leases.


Accommodation

Ground Floor
Sales Area: 426 sq ft (39.64 sq m)
Seating Area: 110 sq ft (10.26 sq m)
Storage / Prep Area: 189 sq ft (17.59 sq m)
Kitchenette: 18 sq ft (1.69 sq m)
Rear Storage: 50 sq ft (4.66 sq m)
Total Internal Area: 793 sq ft (73.84 sq m)


Rating

Rateable Value £13,750
Source www.voa.org.uk The 2024/2025 small business multiplier is 0.499 (XXX payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.

Terms

Offers considered in the region of £240,000 subject to contract for the freehold interest with vacant possession on completion.


Planning

Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.


EPC Text

Asset Rating - B45


All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.

Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.

( Agency Pilot Software ref: 9951 )