67 St. Thomas Street, Weymouth, Dorset, DT4 8HB

Description

To Let - Prominent Corner Class E Units with Planning Consent for Takeaway

Located in an old established secondary trading position approximately half a mile to the east of the city centre. The immediate surrounding area is mainly commercial in character comprising local and specialist shopping with nearby occupiers including Tesco Metro, Nautico Loungers and Cineworld

One of the biggest benefits to the area is the regeneration projects that have taken place over recent years, with a multitude of modern flats bringing further footfall to the local area.

The premises comprise a large purpose-built ground floor lock-up retail unit recently split into two units. The property forms part of a larger two storey building thought to have been constructed in the 1970's as a block of retail units. The main structure appears to be steel framed having brickwork elevations under a flat roof.

Unit 2 is accessible via a separate side entrance located on Lower St Alban Street with the additional benefit of a rear service road leading to a rear loading bay.

Accommodation

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)

Rating

Rateable Value : To be Re-assessed

Source The 2024/2025 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.

Terms

The premises are available by way of new effective full repairing and insuring lease, 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
Unit 1 & 2: £65,000 per annum, exclusive

Please note VAT will be paybale on the rent.

Planning

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.

EPC Text

Asset Rating - TBC

Prominent Corner Class E Units with Planning Consent for Takeaway