Business Summary

SITUATION AND DESCRIPTION

Town Center ground and first floor lock up shop situated in the middle of The Burlington Arcade.

The Burlington Arcade fronts onto Old Christchurch Road and is a busy thoroughfare to St Peters Road and several of the towns main car parks and bus stops. Tenants include Boots, Card Factory, GiGi Ice-cream parlour, and several other attractive retailers.

The ground floor retail area is open plan with a staircase leading to further sales/storage space at first floor which can be accessed separately.

The ground floor may be available separate from the first floor.

ACCOMMODATION

A unit with front access and window displays to either side with separate office area.

Approximate floor area:
Ground Floor: 42 m2 (451.92sq.ft)
First Floor: 51.6 m2 (555.54 sq ft)

RATEABLE VALUE - £15,250

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

A1 Retail

TENURE

Available on a new lease with terms to be agreed at a rental of £12,500 for the ground floor and £15,000 for ground and first floors p.a. (plus VAT) (Exclusive)

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