Business Summary

SITUATION AND DESCRIPTION

The property comprises a shop unit in Poole Old Town, immediately opposite the new Orchard Plaza development which is to include a Sainsbury Local Store and 115 new residential apartments.

The shop which is a ground floor Grade II listed building and incorporates a number of interior features including exposed stone brick and timber.

As well as retailers the area is popular with bar and restaurant occupiers and benefits from the tourist trade attracted to the Quay and the Old Town

ACCOMMODATION

Retail Shop

Sales Area 1 (Left hand shop) 14’5” x 21’0” approx. 302.75 sq.ft
Sales Area 2 (at rear) 10’2” x 12’5” approx. 126.23 sq.ft
Small Store
WC

Total Floor area 428.98 sq. ft approx.. (39.86 sq.m.)

RATEABLE VALUE - TBA

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

The unit is available on a new lease for a term of 10 or 15 years at a commencing rent of £13,000 per annul exclusive

Alternatively a short term tenancy agreement for up to three years is available. The incoming tenant would be charged an administration fee of £300 plus VAT for the preparation of the tenancy agreement

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