Description

LocationThe property is situated in a popular location on the lower High Street between the junction with New Orchard and New Street. The area is a popular semi-pedestrianised location between Poole's historic Old Town and the thriving quayside, and contains a varied mix of retail, office, residential and restaurant/bar uses. Nearby national occupiers include Lush Cosmetics, Sainsburys Local and Slug Lettuce.PoolePoole is an attractive and affluent south coast town with a resident population of circa 151,000 and, together with Christchurch and Bournemouth, a total population over 465,000. It enjoys good road communications via the A31 and M27 and is an established ferry port with regular crossings to the continent and Channel Islands and has a mainline railway station (London Waterloo approximately 2 hours). Bournemouth International Airport is approximately 11 miles distant.Poole is home to a number of regional, national and international companies including rnli, Lush, Merlin Entertainments, Sunseeker, Fitness First and Pukka Pads.DescriptionThe property comprises three upper floors of purpose-built offices located at the rear of an attractive substantial five-storey building which is believed to have been originally constructed as a national bank and is Grade II Listed. The building has frontage to High Street and rear access is via New Street.There is an entrance lobby to the upper floor offices from the High Street frontage and further access from the rear undercroft car parking area. The building benefits from a 4-person lift serving the upper floor offices and central heating with individual systems to each floor.AccommodationFirst Floor Offices 1006 sf 93.46 SqMKitchen 55 sf 5.11 SqMSecond Floor Offices 999 sf 92.81 SqMKitchen 56 sf 5.20 SqMUp to 3 parking spaces (in tandem) are available in under croft area.RatingThe property is assessed for rating purposes as follows :-First Floor R/O 40-42 High Street; Offices and Premises rv £9,400Second Floor R/O 40-42 High Street; Offices and Premises rv £9,400We would recommend interested parties make enquiries of the local authority to verify the business rates payable and to establish the position in respect of appeals, transitional or small business rate relief.EPCThe property has the following energy performance ratings.First Floor Band DSecond Floor Band CThe full Energy Performance Certificates and Recommendation Reports are available on request.LeaseThe premises are available on new full repairing leases for a term to be agreed, incorporating rent reviews on a 3-yearly basis.RentAvailable as a whole or individually as follows :-First Floor Offices £13,750 per annumSecond Floor Offices £13,750 per annumLegal costsEach party to be responsible for their own legal fees incurred in the transaction.Finance act 1989Unless otherwise stated, all prices and rents are quoted exclusive of Value Added Tax (VAT). Any intending purchasers or lessees must satisfy themselves independently as to the incidence of VAT in respect of any transaction.IdentificationUnder Money Laundering Regulations, we are obliged to verify the identity of a proposed Tenant prior to instructing solicitors. This is to help combat fraud and money laundering and the requirements are contained in statute. A letter will be sent to the proposed tenant once terms have been agreed.RICS code for leasing business premisesApplicants looking to lease a business premises through James and Sons are advised of the existence of the RICS Code for leasing business premises. Furthermore, we recommend that all applicants obtain professional advice from an independent RICS member or other property professional. For more details and to contact: