Business Summary

SITUATION AND DESCRIPTION

This centre terrace shop unit is situated in the heart of New Milton close to the junction of Station Road and Ashley Road.

Once used as a bank the property has now almost been completely cleared throughout allowing for the entire unit to be opened up and ready to be occupied by a catering tenant.

ACCOMMODATION

Ground floor (approx.)
Window Frontage: 20 feet (6 metre)
Depth: 50 feet (15 metre)
Total area: 1,054 sq.ft. (98 sq.m.)

RATEABLE VALUE - £16,500

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

SERVICES

The property has the benefit of the following main services: water, drainage, three phase electricity, and gas.

PLANNING

Planning permission for the ground floor mixed Use Class A3 and A5 was granted on 5th March 2012. The planning application can be seen on www.newforest.gov.uk application number 12/98158.

TENURE

A new lease is offered on effective full repairing and insuring terms at a commencing rental of £26,500 p.a.

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

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