New instruction - Studio Bedrooms Restaurant
£7,083 pcm ( pw) Unfurnished - Fees Apply

Priory Road, Bournemouth, Dorset, BH2

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Summary


Studio Bedrooms 1 Bathrooms 0 Receptions 0.00 sqm / 0 sqft Property ID: 2622

    Description


    The property forms part of the Taylor Wimpey development, Coast Bournemouth, in the West Cliff area of the town at the junction of Priory Road and Beacon Road. The development will be providing a 6 storey development of 86 flats with the ground floor being retained for commercial use as a restaurant. Alternative uses for the ground floor would be considered. 

    The West Cliff area of the town currently has several development projects under construction or planned to be built in the coming months.   The Hilton Hotel development on Exeter Road is providing 300 bedrooms across two hotels and 70 flats, West Central is the redevelopment of the former bus Station which is providing 70,000 sq.ft. of leisure development just off Exeter Road, the former Punshon Church opposite the Bournemouth International Centre BIC on Exeter Road has planning consent for 107 flats and the land at the bottom of Priory Road adjoining the BIC has planning consent for a 208 bedroom hotel which will be used as a training facility for Bournemouth University.   Long term the former Winter Gardens on Exeter Road is likely to be redeveloped for a mix of residential and commercial uses

    The ground floor will provide approximately 5,005 sq.ft. of restaurant with forecourt for outside seating. The development includes a services risers for kitchen extractors and air conditioning. The tenant will have rights to locate plant on the roof of the development.

    ACCOMMODATION

    Gross Floor Area         5,005 sq.ft. (465 sq.m.) Approx

    Forecourt for outside seating or additional sales and displays

    Proposals for splitting the restaurant would be considered

    PLANNING

    Planning consent was granted 5th June 2014 for the erection of a 6/7 storey building comprising 86 flats and a 465 sq.m. restaurant with basement parking and access provisions. Planning consent 7-2013 0 5458-K

    Alternative uses including Class A1 retail, Class A2 office, Class A3 restaurant, Class D1 non residential Institution, or Class D2 gymnasium would be considered subject to any necessary planning consents being secured.

    Interested parties should make their own enquiries to Bournemouth Borough Council Planning Departments 01202 451 323

    TENURE

    Available on a new lease with terms to be negotiated at a rental of £85,000 p.a. It is anticipated that the rent will be subject to VAT

    There is a service charge that covers the running costs of the building. We are currently awaiting confirmation of the projected service charge and insurance rent costs.

    LEGAL FEES

    The incoming tenant will be responsible for their own legal fees.

    RATEABLE VALUE

    TBA

    *U.B.R. 2015/2016: Payable; 48.0% (if eligible for small rate relief), otherwise 49.3%

    Interested parties should enquire of the local Rating Authority as to the implications of the phasing arrangements on the amount of rates actually payable. Parties should also make enquiries concerning the implications of the small business allowance.

    VIEWING AND FURTHER DETAILS

    By arrangement with RE/MAX Plus  through whom all negotiations are to be conducted.


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