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Westbourne Arcade, Poole Road, Bournemouth, Dorset, BH4

£35,000

£76.25 per sq. ft.

Business rates & charges may apply

Ellis and Partners Limited, Bournemouth
SIZE AVAILABLE
459 sq. ft.
(43 sq. m.)
SECTOR
High street retail property for sale
USE CLASS
Use class orders: Class E
E

Key features

  • Sought after location
  • New Lease available
  • Trading since 2016
  • Current turnover of approximately £70,000 per year

Property description

Tenure: Leasehold

SITUATION AND DESCRIPTION
Situated in the popular Westbourne Arcade which is a busy thoroughfare which connects Poole Road to Seamoor Road and consists of many independent retailers.

The unit comprises a double frontage with a central door for access into the main sales area, the unit benefits from good visibility within the Arcade and is operated as a hairdressers.

ACCOMMODATION
Sales area: 18'6" x 16'5" (5.6m x 5m)
201.28 sq.ft. (28 sq.m.)
Rear sales area: 14'3" x 11'2" (4.3m x 3.4m)
157.31 sq.ft. (14.62 sq.m.)

Total area: 458.59 sq.ft. (42.62 sq.m.)


EPC RATING E


RATEABLE VALUE - £9000
From 1st April 2017 premises with a rateable value below £12,000 will receive 100% small business rates relief (no rates payable).
Interested parties should enquire of the local Rating Authority as to the implications of the phasing arrangements on the amount of rates actually payable. Parties should also make enquiries concerning the implications of the small business allowance

PRICE
£35,000 for the goodwill of the business, fixtures and fittings, new lease plus stock at valuation.
The current turnover is averaging £70,000 per annum.

TENURE
We understand that a new lease will be granted with terms to be negotiated at a rental of £16,200 per annum exclusive.

Ellis and Partners can prepare a new tenancy agreement for a term of up to three years at a cost of £350 plus VAT to the incoming tenant, or alternatively a tenancy agreement for a term of up to six years can be prepared in house at a cost of £550 plus VAT to the incoming tenant.

PLANNING
Long established Class A1 retail use
From September 2020 this property falls within Class E Commercial Businesses and Services, which include A1, A2, A3, B1, Indoor sports and Medical use, crèche/day nursery

LEGAL FEES
The incoming tenant will be responsible for their own legal fees.

VIEWING AND FURTHER DETAILS
By arrangement with Ellis and Partners through whom all negotiations are to be conducted.

Tel:
Website:

Brochures

Westbourne Arcade, Poole Road, Bournemouth, Dorset, BH4

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Branksome Station0.8 miles
  • Bournemouth Station1.7 miles
  • Parkstone Station2.0 miles

About Ellis and Partners Limited, Bournemouth

Old Library House, 4 Dean Park Cresent, Bournemouth, BH1 1LY

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Notes

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Disclaimer - Property reference c6132. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ellis and Partners Limited, Bournemouth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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