MapRetail property (high street)
Retail property (high street)
538 sq ft / 50 sq m
Features and description
Situation and Description
The Lansdowne is historically the central business
district of Bournemouth Town Centre. There is now a
wide mix of commercial occupiers and Bournemouth
University has both admin offices, classrooms and
student halls of residence all within the Lansdowne.
The property comprises a ground floor lock shop that is
fitted out and trading as a café since 2018.
Planning
Permitted Users A1, A2, B1, B2, B8, D1, D2 and Sui
Generis and residential C3
No catering uses within A3 A4 or A5
No undertakers or funeral directors
Legal Fees
Each party will be responsible for their own legal fees.
EPC
Rating - C
Costs
Once a letting has been agreed, the proposed tenant will need to make a non-refundable applicant charge of £550 plus VAT.
Accommodation Text
Shop
Width 18'04" (5.6m)
Depth 31'03" (9.5m)
Sales Area 538 sq.ft.(50 sq.m) Approx.
Tenure Comments
SUB LEASE
16 year lease commencing 1st February 2018 at a rental
of £12,500 p.a. The lease is subject rent reviews on the
4th 8th and 12th years yearly with £1,000 fixed rent
increases.
User Clause coffee shop within Class A1 or any of the
Permitted Uses under the headlease.
3 month rent deposit held by the landlords.
LONG LEASE
999 Year lease at a peppercorn rent commencing from
1st September 2017.
Tenant obligations to contribute to service charge for
maintenance and up keep of the structural elements of
the building. No service charge obligations to
contribute towards the maintenance and up keep of the
communal halls stairs and landings.
PRICE
£150,000 for the virtual freehold interest of the
property and subject to the existing sub lease and
income.
VIEWING AND FURTHER DETAILS
By arrangement with Ellis and Partners through whom
all negotiations are to be conducted.
The Lansdowne is historically the central business
district of Bournemouth Town Centre. There is now a
wide mix of commercial occupiers and Bournemouth
University has both admin offices, classrooms and
student halls of residence all within the Lansdowne.
The property comprises a ground floor lock shop that is
fitted out and trading as a café since 2018.
Planning
Permitted Users A1, A2, B1, B2, B8, D1, D2 and Sui
Generis and residential C3
No catering uses within A3 A4 or A5
No undertakers or funeral directors
Legal Fees
Each party will be responsible for their own legal fees.
EPC
Rating - C
Costs
Once a letting has been agreed, the proposed tenant will need to make a non-refundable applicant charge of £550 plus VAT.
Accommodation Text
Shop
Width 18'04" (5.6m)
Depth 31'03" (9.5m)
Sales Area 538 sq.ft.(50 sq.m) Approx.
Tenure Comments
SUB LEASE
16 year lease commencing 1st February 2018 at a rental
of £12,500 p.a. The lease is subject rent reviews on the
4th 8th and 12th years yearly with £1,000 fixed rent
increases.
User Clause coffee shop within Class A1 or any of the
Permitted Uses under the headlease.
3 month rent deposit held by the landlords.
LONG LEASE
999 Year lease at a peppercorn rent commencing from
1st September 2017.
Tenant obligations to contribute to service charge for
maintenance and up keep of the structural elements of
the building. No service charge obligations to
contribute towards the maintenance and up keep of the
communal halls stairs and landings.
PRICE
£150,000 for the virtual freehold interest of the
property and subject to the existing sub lease and
income.
VIEWING AND FURTHER DETAILS
By arrangement with Ellis and Partners through whom
all negotiations are to be conducted.
Property information from this agent
About this agent
We can deal with all aspects of property advice ranging from valuation, building surveying and project management to commercial and business agency. We also manage an extensive range of both commercial and residential property across the South and South-West of the country. Whether your property is occupied or vacant we can help you make the best of it.