Retail premises to let in 3 Queen Street, Lymington, Hampshire SO41

Description

To Let - 342sq ft (31.80 sq m) Class E Premises along busy one-way road, Lymington town centre.

The attractive Hampshire Georgian coastal town of Lymington, a premier yachting centre, lies on the A337 midway between the city of Southampton and the coastal resort town of Bournemouth. It also borders the New Forest National Park.

The town enjoys a vibrant retail scene with national multiples trading alongside numerous high quality independent retailers. Lymington also offers a good range of bars, restaurants and hotels.

The subject premises lie centrally within an established secondary parade of shops a short distance from St Thomas Street and The High Street

The parade offers a mixture of retail, catering and professional services providers.

The premises comprise a single fronted well-proportioned Class E lock up shop. The property is to be fully cleared of the outgoing tenant's stock and equipment.

Accommodation

Internal Width: 13' 2" (4.01m)
Internal Depth: 30' 7" (9.33m)
Kitchenette

WC

Net Internal Area: 342 sq ft (31.80 sq m)

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 - D93

Rating

Rateable Value £6,300
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

The premises are available by way of a new full repairing and insuring lease for a term to be agreed at a commencing rent of £8,400 per annum, exclusive.

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.