17 Market Place, Blandford Forum, DT11 7AG

£35,000 per annum

Overview

Description

Location

Description

To Let - Former Banking Hall in Popular Market Town Centre

Blandford Forum is an attractive Georgian market town located some 20 miles northwest of Bournemouth and 25 miles west of Salisbury.

Major names represented include Marks & Spencer Simply Food, Costa, WH Smith, Boots, Hays Travel, Holland & Barrett, Iceland, Specsavers, Subway and Nationwide Building Society, Blandford also features a broad range of independent retailers and service providers.

Also located in the town centre is a Morrisons supermarket adjacent to which is the 188 space Marsh & Ham shopper's car park.

The subject premises occupy a prime trading location in Market Place between Reeve The Bakers and the Corn Exchange Town hall, which is currently undertaking major refurbishment works. It benefits from pay and display parking immediately in front of the property and additional roadside parking (subject to daytime waiting restrictions) further along Market Place and East Street.

The property comprises a mid-terrace former bank premises arranged at ground and first floor, with the main former banking hall together with extensive ground floor ancillary area, a large vault room and a rear fire door leading to the external storage building which is also accessible from the rear of the property.

The property benefits from gas central heating, LED lighting and a wheelchair platform lift at the front entrance lobby.

The first floor is comprised of a main office room with additional storage room, a separate kitchen and a male and female WC.

The premises could lend themselves to a variety of uses subject to the ingoing tenants securing any necessary statutory consents. Such uses might include the food and beverage sector, offices, medical, leisure or education.

Accommodation

Ground floor
Sales area 1,331 Sq. Ft. (124.72 Sq. M.)
Vault 145 Sq. Ft. (13.50 Sq. M.)
Rear Office/ancillary/Storage 645 Sq. Ft. (59.93 Sq. M.)
Total NIA 2,121 Sq. Ft. (198.15 Sq. M.)

First Floor
Staff Room 58 Sq. Ft. (5.38 Sq. M.)
Main Office 219 Sq. Ft. (20.32 Sq. M.)
Storeroom 23 Sq. Ft. (2.15 Sq. M.)
Kitchen 133 Sq. Ft. (12.39 Sq. M.)
2 x WC
Total NIA 433 Sq. Ft. (40.24 Sq. M.)

Total NIA 2,554 Sq. Ft. (238 Sq. M.)

External Rear Storage 484 Sq. Ft. (45 Sq. M.)

Planning

Interested parties are advised to make their own enquiries of the Local Authority for confirmation.

EPC Text

Asset Rating - D (85)

Rating

Rateable Value £22,000
Source www.voa.org.uk The 2024/2025 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

Available by way of a new full repairing and insuring lease for a term to be agreed at £35,000 per annum exclusive of rates and all other outgoings.

Please note VAT is not payable on the rents.

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.

Summary

Key points

Ground and first floor former bank premises with external rear store
Suitable for variety of uses (Class E)
Prime trading location
Nearby occupiers include Reeve The Bakers, Corn Exchange Town Hall, Spar, Holland & Barrett
Available on a new lease at a rental of £35,000 per annum, exclusive
£10,000 fit-out incentive available (subject to status)