Winchester City Centre Retail Premises Rent: £32000 per ... - NovaLoca
Winchester City Centre Retail Premises
Exclusive Winchester City Centre retail location Retail premises comprising 64.35 sq m (693 sq ft) A1 and A3 consent Assignment of existing lease
Rent: £32,000 per annum, Offers invited for the premium
www.charterscommercial.co.uk
Woodruffs Of Winchester, 31A The Square, Winchester, Hampshire, SO23 9EX Location Located in the exclusive retail trading area of The Square in the heart of Winchester City Centre. The retail premises comprises a mid terrace lock up which has been trading as an exclusive card and gift shop. Located in The Square, Winchester adjacent to Winchester Cathedral and running parallel with Winchester City Centre High Street, adjacent occupiers include exclusive brands such as Bang and Olufsen, Gieves and Hawkes and Dinghams, alongside national operators and some of Winchester’s most popular public house and restaurant premises.
Viewings No direct approach may be made to the current occupiers. All enquiries and appointments to view must be made through Charters Commercial on 01962 888900.
Description The retail premises comprises a ground floor lock up retail floor with a double glazed frontage and central customer entrance, a high quality shop fit out and lighting solution has ensured an exclusive and very high standard premises. Following a recent planning application, consent has been granted for A3 Restaurant Use. Tenure Leasehold. The business premises are held by way of a new internal only repairing lease granted on 11 March 2013 for a period of 10 years with a current passing rent of £32,000 per annum rising to £33,000 per annum on 10 March 2016 and £34,000 per annum on 10 March 2017. A rent review is due on the 5th anniversary of the lease. Assignment of the current lease is being sought to prospective tenants of equal or better covenant strength. Proposals for a sub letting or surrender and re-grant of a new lease may also be considered. Rateable Value The subject property is listed in the 2010 Rating List as having a total rateable value of £25,250 per annum. The small business rate multiplier for 2015/16 is £0.48. Further relief may be available and enquiries should be made direct to the Local Authority. Legal Costs and VAT Each party is expected to bear their own legal costs in this transaction. All prices quoted may be subject to VAT provisions.
First Floor, Winchester House, Kings Worthy, Winchester, SO23 7QF T: 01962 888900 E: [email protected] Disclaimer Property Details: These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. We have not carried out a detailed survey nor tested the services, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. The measurements given are approximately. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the company.
Exclusive Winchester City Centre retail location Retail premises comprising 64.35 sq m (693 sq ft) A1 and A3 consent Assignment of existing lease
Rent: £32,000 per annum, Offers invited for the premium
www.charterscommercial.co.uk
Woodruffs Of Winchester, 31A The Square, Winchester, Hampshire, SO23 9EX Location Located in the exclusive retail trading area of The Square in the heart of Winchester City Centre. The retail premises comprises a mid terrace lock up which has been trading as an exclusive card and gift shop. Located in The Square, Winchester adjacent to Winchester Cathedral and running parallel with Winchester City Centre High Street, adjacent occupiers include exclusive brands such as Bang and Olufsen, Gieves and Hawkes and Dinghams, alongside national operators and some of Winchester’s most popular public house and restaurant premises.
Viewings No direct approach may be made to the current occupiers. All enquiries and appointments to view must be made through Charters Commercial on 01962 888900.
Description The retail premises comprises a ground floor lock up retail floor with a double glazed frontage and central customer entrance, a high quality shop fit out and lighting solution has ensured an exclusive and very high standard premises. Following a recent planning application, consent has been granted for A3 Restaurant Use. Tenure Leasehold. The business premises are held by way of a new internal only repairing lease granted on 11 March 2013 for a period of 10 years with a current passing rent of £32,000 per annum rising to £33,000 per annum on 10 March 2016 and £34,000 per annum on 10 March 2017. A rent review is due on the 5th anniversary of the lease. Assignment of the current lease is being sought to prospective tenants of equal or better covenant strength. Proposals for a sub letting or surrender and re-grant of a new lease may also be considered. Rateable Value The subject property is listed in the 2010 Rating List as having a total rateable value of £25,250 per annum. The small business rate multiplier for 2015/16 is £0.48. Further relief may be available and enquiries should be made direct to the Local Authority. Legal Costs and VAT Each party is expected to bear their own legal costs in this transaction. All prices quoted may be subject to VAT provisions.
First Floor, Winchester House, Kings Worthy, Winchester, SO23 7QF T: 01962 888900 E: [email protected] Disclaimer Property Details: These particulars, whilst believed to be accurate, are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements or representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. We have not carried out a detailed survey nor tested the services, appliances and specific fittings. Room sizes should not be relied upon for carpets and furnishings. The measurements given are approximately. No person in this firm’s employment has the authority to make or give any representation or warranty in respect of the company.
