Retail premises to let in Unit 2, 368-370 Lymington Road, Highcliffe, Christchurch, Dorset BH23

Description

To Let- Newly Built Commercial Unit With Parking In Excellent Trading Location

The popular coastal town of Highcliffe is situated midway between Christchurch and New Milton and provides retail and professional services to the surrounding affluent residential area. The town's retailers also benefit from the influx of tourists to the region during the summer months.

The subject premises occupy an excellent central trading location at the junction of Lymington Rad and Stanley Road. A Tesco Express convenience store is situated two doors away and a Co-operative supermarket is also located closeby as is the125 space Wortley Road shopper's car park.

In addition to allocated car parking the shops benefit from roadside parking within both Lymington Road and Stanley Road. These are subject to limited wait daytime restrictions (2 hours in Stanley Road).

Our clients have developed two high quality commercial units each with kitchen, storeroom and WC. Unit 1 has now been let to Spencers Estate Agents.

Unit 2 is offered to a good standard featuring a tinted glass shopfront, suspended acoustic tiled ceiling with inset lighting and air conditioning and benefits from two entrances suitable for wheelchair access.

Whilst lending itself to a variety of potential uses, the space is considered eminently suitable for professional services or perhaps medical oriented uses together with bespoke retail trades.

Unit 2 benefits from 1 parking space situated at the rear of the premises.

Accommodation

Unit 2
Internal width 26'1" (7.95 m)
Net Sales Area: 553 sq ft (51.39 sqm)
Kitchen 73 sq ft (6.78 sq m)
Store: 24 sq ft (2.23 sq m)
Total Net Useable Area : 650 sq ft (60.40 sq m)
One allocated car parking space.

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 - To Be Confirmed

Rating

Rateable Value - To be assessed
Source 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

A new effectively full repairing and insuring lease ( via service charge) will be granted, term and rent review pattern by arrangement at the following commencing rents:

Unit 2- £12,500 per annum, exclusive of all other outgoings, payable quarterly in advance by standing order.

Value Added Tax: VAT will not be 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.