Unit 2, 67 St. Thomas Street, Weymouth, DT4 8HB

£25,000 per annum

Overview

Description

Location

Description

To Let Ground Floor Commercial Unit in Prominent Town Centre Location

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 accessable 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 2: 1,165 sq ft (108.3 sq m)

Rating

Rateable Value : To be Re-assessed

Source www.voa.org.uk The 2024/2025 small business multiplier multiplier is 0.499 (4.99p 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 full repairing and insuring leases, term and rent review pattern to be
agreed, at the following commencing rent:

Unit 2: £25,000 per annum, exclusive

Please note VAT will be payable 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

All interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.