650 Sq. Ft. Town Centre Class E Premises with Linkage to The Premier Inn over ground floor and Basement
The premises occupy an excellent trading position, fronting one of Bournemouth's premier shopping thoroughfares of Westover Road, below the Premier Inn and opposite the Pavilion Theatre.
Westover Road features the Grosvenor Casino together with branches of Cote Brasserie, The Stable, Wagamama, Pizza Hut and KFC.
Numerous quality retailers are represented along Westover Road including Richmond Classics Whitewall Galleries, Frances Jewellers and Moss Bros .
An attractive and well presented single fronted shop with additional retail and ancillary space at basement level.
The premises have a secondary entrance leading off the foyer of the Premier Inn and shared use of the WC's located within the Premier Inn.
Metered on street car parking is available along Westover Road and a large pay and display car park
adjoins the Pavilion closeby.
Net Sales Area: 304 sq ft 28.25 sq m
Basement Sales: 265 sq ft 24.62 sq m
Basement Ancillary: 81 sq ft 7.52 sq m
TOTAL NET AREA: 650 SQ FT 60.4 SQ M
Rateable Value £11,250
Source www.voa.org.uk 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.
The premises are available by way of a new effectively full repairing and insuring (via service charge) lease,
term and rent review pattern by arrangement at a commencing rent of £15,000 per annum, exclusive of VAT.
SERVICE CHARGE
The premises form part of a larger building and the tenant will be liable for service charge in respect of the repair, maintenance and management etc of same. An additional amount will be levied in respect of the tenant's contribution towards the landlord's costs of maintaining buildings insurance cover over the building.
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 - D (93)
Town Centre Shop Premises with Linkage to The Premier Inn
( Agency Pilot Software ref: 7679 )
