Overview
- Retail
- Property Type
Description
Location
Description
Ground Floor Class E Freehold Unit Available For Sale in Attractive Market Town
LOCATION
The historic town of Christchurch is located on the south coast some 6 miles east of Bournemouth and has a magnificent 11th Century Priory at its heart. Christchurch offers excellent shopping facilities with a vibrant mixture of both local and national retailers represented. The town serves an affluent local population and the significant influx of tourists to the region during the summer months offers good potential for extra trade.
The town also features a well renowned culinary scene with numerous quality restaurants and eateries featuring in the town centre. The famous annual Christchurch Food & Wine Festival has been running since 2000, along with various other annual events.
The subject premises occupy an excellent trading location just off the High Street close to the well-regarded Kings Arms Hotel and also Nusara Thai restaurant. Castle Street features a number of professional services providers together with bespoke retailers.
DESCRIPTION
An attractive Grade II listed property comprising a ground floor double fronted shop unit previously trading as a Café with both front and rear seating areas, suitable for a variety of uses. Available to purchase with vacant possession. Trade fixtures and fittings available by separate negotiation. There is rear pedestrian access for deliveries if required, but no parking.
There are 3 flats which have been sold off by way of long leases.
Accommodation
Ground Floor
Sales Area: 426 sq ft (39.64 sq m)
Seating Area: 110 sq ft (10.26 sq m)
Storage / Prep Area: 189 sq ft (17.59 sq m)
Kitchenette: 18 sq ft (1.69 sq m)
Rear Storage: 50 sq ft (4.66 sq m)
Total Internal Area: 793 sq ft (73.84 sq m)
Rating
Rateable Value £13,000
Source www.gov.uk/find-business-rates
Terms
Offers considered in the region of £220,000 subject to contract for the freehold interest with vacant possession on completion.
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, café, 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 - B45
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.
Please note all prospective purchasers will need to be verified for 'Anti Money Laundering' purposes prior to issuing memorandum of agreed terms of sale.
Summary
Key points
- Guide Price £220,000 Freehold, subject to contract
- Total Net Internal Area 793 Sq. Ft. (73.84 Sq. M.)
- Situated in attractive market town
- Benefits from approximately 40% Business Rates Relief (subject to eligibility)
- Sold off FF Flat with Ground rent income of £100 P.A with 63 years remaining
Contact
Primmer Olds UK Ltd
Tel: 07871 373 069
Ben Simpkin
bsimpkin@mavarealestate.co.uk
https://mavarealestate.co.uk/
Primmer Olds UK Ltd
Tel: 07443 277 559
Dominic Street
dstreet@mavarealestate.co.uk
https://mavarealestate.co.uk/
EPC
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Contact Information
View Listings- Primmer Olds UK Ltd
- 07871 373 069
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