3-4 Crown Mead, Wimborne, BH21 1ED

£85,000 per annum

Overview

Description

Location

Description

To Let - Substantial Refurbished Town Centre Retail Store Measuring 7,356 Sq. Ft. (683.5 Sq. M)

The attractive and historic East Dorset market town of Wimborne Minster is situated approximately 5 miles north of Poole and some 10 miles north west of Bournemouth.

The town features a vibrant mixture of local, regional and national retailers including Waitrose, Co-op, Fat Face, Rohan, Seasalt, Mint Velvet, WH Smith, Boots Opticians, Crew Clothing, Moshulu, Wetherspoons, Phase Eight, Clarks, Costa, Piazzo Lounge (Loungers Group) and Superdrug.

The premises occupy an enviable trading location fronting the pedestrianised Crown Mead shopping precinct which links the High Street with Waitrose. Specsavers occupy a newly opened store adjacent and The Co-op and Hays Travel trade directly opposite. Card Factory and WH Smith trade closeby.

A substantial two storey property comprising well-proportioned ground floor retail space together with first floor storage, office and staff facilities. The property benefits from rear loading and parking facilities.

The premises were extensively refurbished in 2023 and benefit from a goods lift linking the ground and first floors and a newly fitted air conditioning (HVAC) system throughout.

Accommodation

Gross Frontage: 68'10" (20.98 m)
Internal Width: 44'0'' (13.41m)
Widening to: 66'2'' (20.17m)
Shop Depth: 68'4" max (20.84m)
Ground Floor Potential Sales Area: 3,890 Sq. Ft. (361.5 Sq. M.)
Ground Floor Ancillary : 264 Sq. Ft. ( 24.53 Sq. M.)
First Floor Ancillary: 3,202 Sq. Ft. (297.5 Sq. M.)
Total Net Internal Area: 7,356 Sq. Ft. (683.5 Sq. M)
Spacious Male and Female cloakrooms

Outside
Good rear loading facilities and two allocated car parking spaces.

Planning

Interested parties are advised to make their own enquiries of the Local Authority for confirmation. 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 - C 54

Rating

Rateable Value £70,000
Source www.voa.org.uk The 2024/2025 standard multiplier is 0.546 (54.6p 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 effectively full repairing and insuring lease (by way of service charge contribution) will be granted for a term to be agreed at a commencing rent of £85,000 per annum, exclusive. The lease will provide for upwards only rent reviews every 5 years.

Service Charge
A service charge is levied in respect of the landlord's costs incurred in the repair and maintenance of the exterior of the demised premises together with the common parts . Further details are available from
the agents.

Important Note
The marketing of these premises is being undertaken in order to mitigate the losses of the landlord and those of the tenant but strictly without prejudice to the rights of the landlord in respect of arrears of rent, current and future rents and other obligations of the tenant.