Business Summary

SITUATION AND DESCRIPTION

The property is located in the busy and cosmopolitan suburb of Charminster within the main shopping area close to the Richmond Arms Public House. The building has undergone a major refurbishment in the last year with the upper floors of the building being converted into residential accommodation and the ground floor shop refurbished and left as a clean shell unit ready for an incoming tenant to fit out

The property is located immediate in front of a pedestrian crossing

The lock up shop comprises a main sales area with ancillary sales or office space immediately behind including kitchenette and cloakroom.

ACCOMMODATION

Width : 15’06” (4.72m)
Depth : 23’09” (7.23m)
Sales Area : 360 sq.ft. (33.44 sq.m.) Approx

Rear Sales

Area :12’06” x 12’02” (3.80m x 3.70m)
Including Kitchenette and Cloakroom

Total Gross
Floor Area 512 sq.ft. (47.57 sq.m.) Approx.

RATEABLE VALUE - £7,300 (previously £5,500)

U.B.R. 2013/2014: Payable; 46.2% (if eligible for small rate relief), otherwise 47.1%

Interested parties should enquire of the local Rating Authority as to the implications of the phasing arrangements on the amount of rates actually payable. Parties should also make enquiries concerning the implications of the small business allowance

PLANNING

Class A1 retail sales or Class A2 office use considered.

No catering.

TENURE

The premises are available on a new lease with terms to be negotiated at a rental of £10,000 p.a.

The incoming tenant will be required to provide a £3,500 rent deposit.

Alternatively a new tenancy agreement for a term up to three years, prepared by Ellis and Partners is available. The incoming tenant will be expected to pay an administration fee of £250 plus VAT for the preparation of the tenancy agreement.

LEGAL FEES

The incoming tenant will be responsible for their own legal fees.

VIEWING AND FURTHER DETAILS

By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Tel: 01202 551821
Website: www.ellis-partners.co.uk

Property Details

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