Retail property (high street) to rent
Property description & features
Two separate staircases lead to a basement with male and female WC accommodation, kitchen area, partitioned offices and storage rooms.
Parking provisions within Avenue Road Car Park on a separate agreement with parking team via annual season tickets. Prices on request.
The property is situated on Avenue Road in Bournemouth Town Centre which is easily accessed from the A35 Wessex Way. The Pagoda is located opposite the Avenue Shopping Centre and next to Bournemouth Central Gardens within close walking distance to the pedestrianised shopping area of Commercial Road.
The premises is available on a new full repairing and insuring lease outside of the Landlord and tenant Act 1954 - signed stat dec, incorporating upward only rent reviews.
£36,000 per annum exclusive.
The rent is exclusive of business rates, service charge, VAT, buildings insurance and utilities.
We understand the property has the benefit of a Planning Consent for uses falling within Class E, within the Town & County Planning (Use Classes) Order 1987 as amended.
Each party to bear their own legal costs incurred in the transaction.
The Valuation Office Agency states that the property has a rateable value of £12,000. The Rates Payable will be determined by the Uniform Business Rate Multiplier which is set by the Government annually. Businesses who can claim Small Business Rates Relief may be able to claim 100% rates relief on this property (no rates paid). Interested parties are therefore encouraged to contact the Local Rating Authority directly.
The premises has the following rating: D (85).
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