Business Summary

SITUATION AND DESCRIPTION

Lock up shop situated in the middle of Burlington Arcade which fronts onto Old Christchurch Road. Tenants include Boots, Card Factory, GiGi Ice-cream parlour, and several other attractive retailers.

ACCOMMODATION

(All measurements are in accordance with RICS Code of Measuring Practice 6th Edition)

Total area: 49.43m2

RATEABLE VALUE - £14,000

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

Lease Hold

Terms

The property is available by way of an assignment of an existing lease for a term of years expiring on 24th September 2017 at a passing rent of £15,000 per annum (Plus VAT)

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