Business Summary

SITUATION AND DESCRIPTION

Lock up shop situated in the middle of Burlington Arcade which fronts onto Old Christchurch Road. Tenants include Boots, Card Factory, GiGi Ice-crea parlour and several other independent retailers.

ACCOMMODATION

(All measurements are in accordance with RICS Code of Measuring Practice 6th Edition).

Approximate floor area: 451.92 sq.ft. (42 sq.m.)

RATEABLE VALUE - £13,500

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

A1 Retail

TENURE

Available on a new lease with terms to be agreed at a rental of £13,500 p.a. (plus VAT).

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

Other Business Details