Wickham Works, 3 Wickham Road, Bournemouth, BH7 6JX

£900,000 for sale / £57,500 per annum

Overview

Description

Location

Description

To Let/For Sale - Detached Two Storey Character Premises in Pokesdown

These detached two story premises are located in Pokesdown, Dorset which boasts a large selection of local and national occupiers within walking distance. 3 Wickham Road is situated approximately 0.7 miles from the popular suburb of Southbourne and its high street and approximately 2.2 miles from Bournemouth Town Centre. Local Amenities include
the following:

Tesco Express 0.3 Miles
Brewhouse & Kitchen 0.6 Miles
Renouf's Cheese & Wine bar 0.6 Miles
Boots Pharmacy 0.7 Miles
Costa Coffee 0.8 Miles

Wickham Works is a detached two-story character building which has historical relevance within the local area being listed as a heritage asset in the Boscombe and Pokesdown Neighbourhood Plan. However, it is to be noted the premises is not formally listed or protected.

The premises has a direct entrance from Wickham Road providing access to the ground floor. To the rear of the building, there is a set of double doors on the ground floor as well as a set of steel stairs providing access to the first floor.

The building is currently in a shell condition and has been extensively refurbished to include new Insulated steel overclad roof, new bespoke double-glazed windows, new solar pv panels on the roof, new concrete ground floor, new tarmac externally. The property has also been newly redorated internally and externally.

Accommodation

Ground Floor 3,368 Sq. Ft. (313 Sq.M.)
First Floor 3,361 Sq. Ft. (312 Sq.M.)
Total Gross Internal Area 6,729 Sq.Ft (625 Sq.M)
8 Car parking Spaces
Bicycle Store for approx. 12 Bikes

Rating

Rateable Value £43,500
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

The premises are offered as a restored shell and are available by way of a new full repairing and insuring lease, term and rent review pattern by arrangement at a commencing rent of £50,000 per annum plus VAT, Exclusive.
Alternatively, the freehold is available at a guide price of £900,000 Plus VAT with vacant possession.

Rent Incentives

The building is being marketed with the understanding any ingoing tenant may want to install fixtures,fittings and utilities to suit their desired work environment/branding. With this in mind our client is offering rent incentives (subject to terms) to help prospective tenants with the initial fit out costs.

VAT

We understand that VAT is payable, however all parties are advised to make their own enquiries into the matter.

Viewing / Further Information

Contact Ben Simpkin 01202 887 555 bsimpkin@primmeroldsbas.co.uk

Joseph Holderness 07879435387 joseph.holderness@goadsby.co.uk

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 - C (68)

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.