Weymouth is situated on the south Dorset coast, serving an estimated population of approximately
63,000 persons.
Weymouth played host to the sailing events at the London 2012 Olympic Games and enjoyed considerable inward investment in the local infrastructure at that time.
The property occupies a prime pedestrianised trading location within St Thomas Street, adjacent to Nautico
Lounge (Caf� and Bar) and opposite Tesco Metro. Other major name occupiers closeby include Iceland, Prezzo, Yates's and JD Wetherspoon.
Formerly known as the Post Office, the premises have been refurbished and extended to provide two good sized open planned units finished to a shell specification.
Unit 1: 2,060 sq ft (191.5 sq m)
External rear terrace 484 sq ft (45 sq m)
Unit 2: 1,165 sq ft (108.3 sq m)
TOTAL: 3,709 sq ft (344.8 sq m)
Rateable Value : To be Re-assessed
Source www.voa.org.uk The 2021/2022 small business multiplier multiplier is 0.499 (4.99p payable per £1). The 2020/2021 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.
The premises are available by way of new full repairing and insuring leases, term and rent review pattern to be
agreed, at the following commencing rents:
Unit 1: £40,000 per annum, exclusive
Unit 2: £25,000 per annum, exclusive
Units 1 and 2: £65,000 per annum, exclusive
Under the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, cafe', health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.
Asset Rating - 109 (B and E).
To Let 2 Spacious Commercial Units in Prominent Town Centre Location ( Agency Pilot Software ref: 7692 )
