Office to let in Old Christchurch Road, Bournemouth BH1

Location

Pearl Assurance House is situated in a prominent position on the Corner of Old Christchurch Road and Fir Vale Road close to all the Town Centres facilities.

Accommodation

The premises comprise a 6-storey building with the office accommodation arranged over floors 1-5. There is a communal entrance on Fir Vale Road providing access to the upper floors via a lift and stairs.

The communal areas have recently benefitted from a full refurbishment which includes new WC facilities.

Features include:-

• Carpets
• Lift
• Heating
• Lighting
• Air conditioning

Energy performance certificate

Assessment Band C

The full EPC and recommendations report are available on request.

Tenure

The premises are available to let on a new full repairing and insuring lease for a term to be agreed incorporating upward only rent reviews.

Rent

Up to 12 months rent free in first year.
Commencing rent of £10,500 per annum exclusive in years 2/3
Minimum 3-year term

The rent is exclusive of business rates, service charge, insurance premiums and all other outgoings payable quarterly in advance by standing order.

Business rates (source: )

Rateable value £10,000 (April 2023 to present)
Small Business Rate Relief may apply (subject to status)

Service charge

Premises are often subject to a service charge in respect of the upkeep, management and maintenance of common parts etc. We would therefore urge all applicants to make further enquiries as to the existence or otherwise of service charge outgoings.

The service charge is currently budgeted at approx. £6.50 per sq ft per year.

Legal costs

Each party is to bear their own legal costs incurred in the transaction.