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AGENT'S DETAILS


11 North Street, Midhurst

To rent: £45,000.00 Per Annum|3204 Sq Ft|Office, Retail - High Street, Healthcare, Leisure Property, Restaurants/Cafes, Offices, Retail, Other Property Types & Opportunities, Licensed & Leisure

PROPERTY DETAILS

TO RENT£45,000.00 Per Annum
SIZE3204 Sq Ft
ADDRESS11 North Street, Midhurst
TYPEOffice, Retail - High Street, Healthcare, Leisure Property, Restaurants/Cafes, Offices, Retail, Other Property Types & Opportunities, Licensed & Leisure
TENURETo Let
POSTED ON24th February 2021

DESCRIPTION

Description

Restaurant Premises
Total Size 297 sq m (3,204 sq ft)

Location

Midhurst is an attractive mid Sussex market town with a substantial rural catchment area and is a tourist base within an area of outstanding natural beauty. It is located approximately 10 miles south of Haslemere 12 miles north of Chichester and 55 miles from London. The town is internationally known for its polo centre at Cowdray Park.

The property is situated on Rumbolds Hill in the centre of the town where number of national and local traders are represented. Nearby occupiers include Costa, Tesco Express, Boots, Barclays, Age UK, Nationwide and British Heart Foundation.

Planning

A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.

Interested parties should make their own planning enquiries and satisfy themselves in this regard.

VAT

Rents and prices are quoted exclusive of, but may be subject to VAT.

Accommodation

This mid-terrace building is arranged over ground and first floors, with an attic and located in Midhurst town centre on the western side of North Street.

Internally, the building is configured as a restaurant providing dining space for around 90 covers, a kitchen, preparation areas and a disable WC. The first floor is currently arranged as customer male and female toilets, staff facilities and storage. The attic is used for housing the air handling system. Externally, there is a large garden, which offers at least a further 36 covers.

The property has the following approximate NIA:

Description sq m sq ft
Ground Floor179.161,928
First Floor 80.44 866
Second Floor 38.03 409
Total 297.643,204


Business Rates / Council Tax Band

Rateable Value (2017): £30,250.

Following the Government's Budget, occupiers of retail and leisure properties are eligible to receive a discount of 100% from their 2020/2021 rates bill, which may be subject to EU State Aid Limits. Should you require further information on Business Rates, please contact our in house rating surveyor Daniel Green (d.green@flude.com).

EPC

We understand the property has an EPC rating of E (113).

Legal Fees

Each party to bear their own legal costs incurred.

Terms

The property is available to let by way of a new full repairing and insuring lease for a term to be agreed at a commencing rent of £45,000 per annum exclusive.
( Agency Pilot Software Ref: 3782 )

LOCATION

Location: 11 North Street, Midhurst

Liphook (6.3 miles)

Haslemere (7.0 miles)

Liss (7.7 miles)

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