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Royal Arcade Royal Arcade 1,313 sq ft of Assignment Available in Bournemouth BH1 4BT
Assignment Highlights
- Prime location fronting main pedestrianised entrance to the Royal Arcade
- Can be accessed from both the Arcade and the High Street
- Grade II listed building
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rate
- Type
| Space | Size | Term | Rate | Type | ||
| Ground, Ste 1-2 | 1,313 sq ft | Aug 2028 | £22.47 /sq ft pa £1.87 /sq ft pcm £29,500 pa £2,458 pcm | Fully Repairing & Insuring |
Ground, Ste 1-2
Lease for Assignment- Retail Unit With Return Frontage to and Basement Space In Prime Boscombe Royal Arcade. The premises are held on the residue of an effective full repairing and insuring lease (via service charge) granted for a term of 10 years from 22 August 2018 at a passing rent of £29,500 per annum, excusive expiring on 2028. 3 months rent free incentive available (subject to terms). The building operates a service charge budget and the current amount payable by the subject premises is £125 per quarter plus VAT.
- Use Class: E
- Assignment space available from current tenant
- Partially Fit-Out as a Post Office
- Located in-line with other retail
- Secure Storage
- Energy Performance Rating - B
- Basement
- Open ground floor sales space
- Extensive basement storage space
- Three phase electricity supply
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing agent for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 1,313 sq ft | Net Internal Area (NIA) | 52,421 sq ft |
| Property Type | Retail | Year Built | 1901 |
| Property Subtype | Shopfront |
| Total Space Available | 1,313 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Net Internal Area (NIA) | 52,421 sq ft |
| Year Built | 1901 |
About the Property
This Grade II listed building occupies a prime trading position, located at the western end of Boscombe's pedestrianised shopping precinct fronting the main pedestrianised entrance to the Royal Arcade. The subject premises can be accessed from both the Arcade and the High Street, it comprises an open ground floor sales space which is currently configured as a post office and benefits from extensive basement storage space. The property benefits from three phase electricity, air conditioning and has been granted planning for off-licence. The Royal Arcade provides a mixture of independent retailers and other major names trading close by include McDonalds, Subway, Primark and the O2 Academy.
- 24 Hour Access
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Royal Arcade | Royal Arcade
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