Business Summary

SITUATION AND DESCRIPTION

Westbourne is a popular and well-established suburban retail area approximately one and a half miles from Bournemouth Town Centre and serves the affluent residential districts of Westbourne, Alum Chine, Branksome Park and Talbot Woods.

The shopping centre incorporates a wide range of traditional and specialist retail outlets including a number of multiple traders such as Marks & Spencer, Boots and branches of leading Banks and Building Societies

The subject premises occupy a prominent location in the established secondary trading area of Seamoor Road between the junctions of RL Stevenson Road and Alumhurst Road.

The accommodation comprises a purpose built first floor retail showroom

ACCOMMODATION

Ground floor entrance with signage above the front door
Staircase to the first floor into the main retail sales area
Width : 35’00” (10.66m)
Depth : 25’05” ( 7.74m)
Total Sales Area : 720 sq.ft. (66.88sq.m.) approx.
Kitchenette
Cloakroom
2 Store cupboards

The premises currently has a single advertising sign at first floor level. Subject to landlords consent and planning consent there is potential for additional signage at first floor level.

RATEABLE VALUE - £15,000 (previously £11,250)

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 use

TENURE

The premises are held by way of a 15 year lease from 29th September 2003 at a rental of £15,000 p.a. The premises are subject to 3 yearly rent reviews with the next rent reviews being on 29th September 2012. The user clause is any Class A1 retail use.

Our clients are keen to relocate their existing business to new premises and will consider all serious proposals to take an assignment of their lease or to grant an underlease.

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