Unit 1, Coronation House, Lymington

£12000 per annum

Offices / Retail /

1,015 sq ft

Location

The premises occupy a prominent trading position fronting Queen Street adjoining the busy junction with St Thomas Street with other nearby occupiers.

Description

The premises have the following approximate dimensions and areas:

Gross Frontage 22' 8" 6.91m
Net Frontage 19' 10" 6.05m
Internal Width 13' 10" 4.22m
Shop Depth 27' 2" 8.28m
Net Sales Area 369 sq ft 34.28 sq m
Sales/Office 167 sq ft 15.51 sq m
Staff Kitchen 68 sq ft 6.32 sq m
Separate WC

Terms

The premises are available by way of a new 10 year full repairing and insuring lease incorporating an upward only rent review at the end of the fifth year of the term at a commencing rental of £12,000 pa exclusive.

Share this property:
Service Charge

The tenant will pay a service charge contribution towards the Landlord's expenses in relation to buildings insurance, utilities, car park maintenance, ground maintenance, external decorations and associated costs.

Rateable Value

We have been verbally advised by New Forest District Council of the following rating information:

Rateable Value: £9,800
Rates Payable from April 2010: £3,106.27

NB: Small business relief may apply which will give the occupier a benefit of significant further allowances.

Legal Costs

Each party will be responsible for their own legal costs incurred in this transaction.

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