Last Updated: 05th Oct 2024
Description
To LET - Characterful 1,645 sq ft (152.86 sq m) Premises over Five Floors in Old Christchurch Road Pedestrianised Location
Bournemouth is Dorset's principal commercial centre and one of the UK's premier seaside resorts. It has a residential population in excess of 160,000 persons and a primary shopping catchment of 396,000 persons within a six-mile radius (FOCUS).
The town is a renowned tourist destination and also benefits from a substantial and growing student population with around 20,000 students attending Bournemouth University and Arts University Bournemouth
These characterful premises occupy an excellent trading location within the pedestrianised lower section of Old Christchurch Road which is one of Bournemouth's principal shopping streets
Major names trading closeby include CAFFE NERO, SUPERDRY, FAT FACE, ERNEST JONES, TK MAXX, WATERSTONES & ESQUIRES
This characterful property, which was refurbished in 2020, is arranged over basement, ground and three upper floors.
The current tenants trade at ground and first floor levels although historically the basement provided additional sales space. The top two floors could potentially provide self-contained living accommodation subject to the ingoing tenant securing any necessary consents and undertaking and related practical works. Access would need to either be through the shop or alternatively via the rear fire escape.
The premises are generally well presented and feature a striking spiral staircase which links the potential trading floors at ground floor, first floor and basement levels.
Accommodation
Single Fronted Shop
Ground Floor: 400 sq ft (37.17 sq m)
Basement
Basement Sales: 320 sq ft (29.73 sq m)
Male & Female WCs
First Floor
Sales: 400 sq ft (37.17 sq m)
Second Floor
Room 1 Ancillary (front): 178 sq ft (16.54 sq m)
Kitchen: 43 sq ft (4 sq m)
WC
Third Floor
Room 2 Ancillary (front): 187 sq ft (17.38 sq m)
Room 3 Ancillary (rear): 117 sq ft (10.87 sq m)
Inc. shower cubicle & airing cupboard
Total Internal Area: 1,645 sq ft (152.86 sq m)
Rating
Rateable Value £17,500
Source The 2024/2025 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.
Terms
Available by way of a new full repairing and insuring lease for a term to be agreed at a commencing rent of £20,000 per annum, exclusive.
IMPORTANT NOTE
The marketing of these premises is being undertaken in order to mitigate the losses of the landlord and those of the tenant but strictly without prejudice to the rights of the landlord in respect of arrears of rent, current and future rents and other obligations of the tenant.
Planning
Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, café health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
EPC Text
Asset Rating - C65
All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.
Prime Pedestrianised Location
Close To 930 Space Multi Storey Shopper's Car Park
Characterful Premises
Feature Spiral Staircase
Potential for a Variety of Uses (subject to consents)
Possible Living Accommodation (subject to consents)
