Description
Lease for Assignment- Retail Unit With Return Frontage to and Basement Space In Prime Boscombe Royal Arcade
Location.
3 months rent free incentive available (Subject to terms).
This Grade II listed building occupies a prime trading position, located at the western end of Boscombe's pedestrianised shopping precinct fronting the main pedestrianised entrance to the Royal Arcade.
The subject premises can be accessed from both the Arcade and the High Street, it comprises an open ground floor sales space which is currently configured as a post office and benefits from extensive basement storage space.
The property benefits from three phase electricity, air conditioning and has been granted planning for off-licence.
The Royal Arcade provides a mixture of independent retailers and other major names trading close by include McDonalds, Subway, Primark and the O2 Academy. 3 months rent free incentive available (Subject to terms)
Accommodation
Ground Floor
Sales Area 1,313 Sq.Ft (121.95 Sq.M)
Basement
Storage Rooms 1,245 Sq.Ft (115.63 Sq.M)
Total Internal Area 2,558 Sq.Ft (237.64 Sq.M)
Planning
Interested parties are advised to make their own enquiries of the Local Authority for confirmation. Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, caf�XXX 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 - B 39
Rating
Rateable Value 2025/26 �XXX 2026/27 �XXX
Source www.gov.uk/find-business-rates
Terms
The premises are held on the residue of an effective full repairing and insuring lease (via service charge) granted for a term of 10 years from 22 August 2018 at a passing rent of �XXX per annum, excusive expiring on 2028. Please note VAT is payable on the rents.
3 month rent free incentive available (subject to terms)
SERVICE CHARGE
The building operates a service charge budget and the current amount payable by the subject premises is �XXX per quarter plus VAT.
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.