Business Summary

SITUATION AND DESCRIPTION

The property is located within the pedestrianised section of Christchurch Road close to the J Sainsbury supermarket and several of the leading banks.

The property comprises a ground floor lock up shop with disable cloakroom and rear access (shared with flats)

ACCOMMODATION

Shop Width :14’03” ( 4.34m)
Shop Depth :51’02” (15.59m)
Total Sales Area :557sq.ft. (51.74 sq.m.) approx..

Disabled cloakroom

Rear access shared with residential accommodation into rear yard.

RATEABLE VALUE - £15,750
(previously £11,750)

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

TENANCIES

Available on a new lease with terms to be negotiable at a rental of £15,000 per annum.

Alternatively a short term tenancy agreement for up to three years is available. The incoming tenant would be charged an administration fee of £300 plus VAT for the preparation of the tenancy agreement.

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

THE MARKETING OF THESE PREMISES IS BEING UNDERTAKEN IN ORDER TO MITIGATE THE LOSSES OF THE LANDLORD AND THOSE OF THE LESSEES WITHOUT PREJUDICE TO THE RIGHTS OF THE LANDLORD IN RESPECT OF ARREARS OF RENT, CURENT AND FUTURE RENTS AND OTHER OBLIGATIONS OF THE LESSEES. THE LANDLORD HAS NOT TAKEN POSSESSION NOR FORFEITED THE LEASE WHICH REMAINS VESTED IN THE LESSEES. THE KEYS ARE HELD BY ELLIS AND PARTNERS.

ALL FIXTURES AND FITTINGS AND EQUIPMENT WITHIN THESE PREMISES ARE THE PROPERTY OF THE LANDLORD AND NO PERSON OTHER THAN THE LANDLORD HAS THE RIGHT TO REMOVE ANY ITEM.

Property Details

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