Business Summary

SITUATION AND DESCRIPTION

Southbourne is a large, vibrant and densely populated seaside suburb of Bournemouth which benefits from an extensive and thriving selection of shops, cafes restaurants and several of the leading banks. Tenants include Boots the Chemist, Loungers Café, Tesco Express, Costa Coffee and most recently Sainsbury Local.

The property is located in an established secondary trading position located immediately opposite the Murco Petrol Station and benefits from customer parking immediately outside.

The accommodation comprises a double fronted lock up shop currently trading as a hair salon. The accommodation also comprises a good sized ancillary sales area that is currently partitioned to provide an office and corridor leading to the kitchenette at the back of the shop. The accommodation has parquet flooring throughout.

ACCOMMODATION

Width : 19’03” (5.86m)
Depth : 28’04” (8.63m)
Sales Area : 544 sq.ft. (50.53 sq.m.) approx..
Ancillary Sales /
Stores : 230 sq.ft. (21.36 sq.m.) approx..
Kitchenette : 120 sq.ft. (11.15 sq.m.) approx..
Total Floor Area : 894 sq.ft. (83.05 sq.m.) approx.
WC
Rear Access and bin stores

RATEABLE VALUE - £6,100 (previously £5,700)

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

Long established Class A1 retail use
The landlord would consider alternatively uses including Class A2 office, Class A3 café or Class D1 medical. No Class A5 takeaway

TENURE

The premises are available on a new lease with terms to be negotiated at a rental of £12,500 p.a.

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.

The incoming tenant will be required to pay a 3 month rent deposit

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