Summary
The property comprises a retail unit over ground and lower ground floor currently configured with a bar area with a kitchen and WC to the rear. There are two separate staircases leading to the lower ground floor on both sides of the shop premises. The lower ground floor provides primarily an open plan space including a bar area also with a WC and store.
Key Points
- Well located Bournemouth town centre retail premises
- Total floor area approx. 161 sq m (1,733 sq ft)
- £35,000 per annum exclusive
- Available on a new FRI lease
Tenure
The premises is available on a new full repairing and insuring lease outside of the Landlord and tenant Act 1954 incorporating upward only rent reviews.
Rent
£35,000 per annum exclusive.
The rent is exclusive of business rates, service charge, VAT, buildings insurance and utilities.
Service Charge
There will be a service charge for the maintenance and upkeep of the common areas.
Business Rates
The Valuation Office Agency states that the property has a rateable value of £19,000. The Rates Payable will be determined by the Uniform Business Rate Multiplier which is set by the Government annually.
Planning
We understand the property has the benefit of a Planning Consent for uses falling within Class E, within the Town & County Planning (Use Classes) Order 1987 as amended.
Legal Costs
The ingoing tenant is to be responsible for the landlord’s reasonable legal costs incurred in the preparation of a new Lease.
EPC
The premises has the following rating: C (57)
Location
The premises occupies an excellent trading position approx. 50 yards from The Square and opposite the Bournemouth Gardens. Close by are many local and national companies including The Ivy, Tesco Express, All Fired Up and NatWest Bank.