Business Summary

SITUATION AND DESCRIPTION

The premises are located within the pedestrianised section of Christchurch Road opposite the Royal Arcade and O2 Academy. Adjoining the subject premises are KFC and long established local estate agents Bullock and Lees. The accommodation comprises a well presented ground floor shop with basement stores comprising 3 rooms and a cloakroom.

ACCOMMODATION

Ground Floor

Shop Width 16’00” ( 4.87m)
Depth 33’00” (10.05m)
Sales Area 487 sq.ft (45.24 sq.m.)
Basement Lobby 10’00” x 10’00” (3.04m x 3.04m)
Room 1 11’05” x 15’06” (3.47m x 4.72m)
Room 2 4’00” x 15’06” (1.21m x 4.72m)
Room 3 5’05” x 6’00” (1.65m x 1.82m)
Cloakroom Floor Area 373 sq.ft. (34.65 sq.m.) approx..
Outside Rear access from the ground floor Off road parking

RATEABLE VALUE - TBA

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

Long established use within Class A1 retail sales. Alternative uses considered.

TENURE

Available on a new lease with terms to be negotiated at a rental of £10,000 p.a. Alternatively a new tenancy agreement for a term up to three years, prepared by Ellis and Partners is available. The incoming tenant will be expected to pay an administration fee of £250 plus VAT for the preparation of the tenancy agreement.

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