Business Summary

SITUATION AND DESCRIPTION

The property occupies an established secondary trading position a short distance from the main shopping area of Southbourne Grove. The shops in Seabourne Road and Southbourne Grove cater for the affluent surrounding residential neighbourhoods which also benefit from a large influx of tourists during the summer months

The Premises comprise a double fronted lock up shop trading as a Chinese takeaway.

ACCOMMODATION

Shop Width 15’00” (4.57m)
Depth 16’08” (5.07m)
Sales Area 245 sq.ft. 22.76 sq.m.) approx
Kitchens 15’00” x 13’09” (4.57m x 4.19m) max
Stores 8’00” x 9’05” (2.43m x 2.87m)
Cloakroom
Rear Access

Basement 18’03” x 14’06” (5.56m x 4.42m)
comprising three rooms.

RATEABLE VALUE - £7,700 (previously £2,300)

PLANNING

We understand that the premises have a long established use as a Class A5 takeaway

All interested parties should make their own enquiries to the planning department at Bournemouth Borough Council. Tel: 01202 451 451

TENURE

The premises are held by way of a 999 year lease granted in May 2011 at a peppercorn rent.

The premises are underlet on a new 10 year lease from 28th June 2012 to William Yap at a rental of £9,200 p.a. The tenant has the benefit of 3 months rent free at the commencement of the lease (Rent commence dated 28th September 2012) and an additional 3 months rent free at the beginning of year two.

PRICE

£110,000 for the long leasehold interest with the benefit of the new underlease, let at £9,200 p.a.

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

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