INSTITUTE ROAD, SWANAGE

£14,000

Guide price

Retail shop premises in outstanding location in the commerical centre of Swanage, comprising a large shop area of approximately 50m2, together with similar sized basement and ancillary rooms. Offered with full vacant possession on a new Full Repairing and Insuring 5 year lease, ground floor and basement only.

This extremely popular coastal resort attracts many thousands of tourists throughout the year and is renowned for its scenic beauty and as being the gateway to the Jurassic World Heritage Coastline.

ACCOMMODATION

MAIN SHOP AREA

9.2m x 5.74m (53m2) (30'2” x 18'9” (570 sq ft), West, glazed entrance door, large display window, fitted shelving, storage cupboard, wood block flooring.

OFFICE

4m narrowing to 3m x 5.28m (13'1” narrowing to 9'10” x 17'3”), East, wood block flooring.

STORE ROOM

5.26m x 2.7m (17'3” x 8'10”), WC leading off, pedestrian access to rear service lane.

BASEMENT

8.83m x 6.96m (28'11” x 22'10”).

TENURE

Lease: New 5 Year Lease

Terms: Full Repairing and Insuring Lease

Rent Review 5th Year

Rent payable quarterly in advance

3 month Deposit required which will be returned at the end of the tenancy, subject to the property being left in a satisfactory condition

PLANNING CLASSES USE ORDER

The premises fall within Use Class A1 which covers shops/A2, financial and professional services.

SERVICES

Mains water, drainage and electricity.

BUSINESS RATES

Rateable Value £14,250, full rates payable 2020/21 £7,110.75pa. Small Business Relief is applicable up to £12,000 of the Rateable Value.

VIEWINGS

Strictly by appointment with the Sole Agents, Corbens on 01929 422284. the postcode for this property is BH19 1BT.

IMPORTANT NOTE

Under Money Laundering Regulations, we are obliged to verify the identity of a proposed tenant once a rental has been agreed and prior to instructing solicitors. This is to help combat fraud and money laundering and the requirements are contained in statute.

Arrange viewing 01929 288149

Corbens Estate Agents

41 Station Road, Swanage, Dorset

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