ADDRESSThe Former Blue Pig Public House, Angel Yard , Off The High Street, Lymington, Hampshire, SO41 9AH
TYPERetail - High Street, Retail
POSTED ON23rd October 2021
The attractive Georgian market town of Lymington is located on the South Coast bordering the New Forest some 16 miles east of Bournemouth and 18 miles to the west of Southampton.
Lymington has an affluent catchment population and also benefits from the considerable influx of tourists to the region during the summer months. It is one of the UK's leading yachting centres
Angel Yard development links the High Street with one of the principal car parks and is situated opposite the Angel restaurant/ hotel . Nearby occupiers include Caffe Nero, Tesco's, White Stuff and WH Smith alongside many quality independent retailers and restaurants.
The former Public House is arranged over basement, ground and first floor. It is considered suitable for a 100 cover (A3) coffee shop, restaurant, bistro (subject to licences and planning permissions). The premises will be offered in a "shell" condition.
Ground Floor: 1,619 sq ft 150 sq m Basement: 1,057 sq ft 98 sq m First Floor: 454 sq ft 42 sq m
TOTAL GIA 3,130 sq ft
The premises have the benefit of a Class A3 planning consent. We have not had sight of this documentation and would strongly recommend that any interested parties make their own enquiries with the New Forest District Council on 01280 85000.
Note - There is a restriction prohibiting the use of the premises as a public house/wine bar.
Asset Rating - Ordered and awaited.
Rateable Value - To be reassessed
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.
Available by way of a new full repairing and insuring lease for a term to be agreed at £50,000 per annum exclusive of rates VAT (if applicable) and all other outgoings.