Large Retail Unit To Let, Currently Trading as Studio Poole
Description
The property comprises a mixed use development with the commercial known as Quayside and the residential element as Dolphin Quays. The scheme was completed in July 2004 and provides a total of 27 retail, restaurant and office units located on the ground and first floors of the development.
In total the development provides approximately 72,000 sq ft (6,690 sq m) of accommodation with 104 luxury apartments above which have been sold off on long leases.
The premises comprise a ground floor retail unit benefitting from a large display frontage to East Quay Road. Internally the specification includes carpeting throughout, lighting, WC facilities. Loading is available via a rear service corridor. The premises also benefit from excellent floor to ceiling heights (we understand other occupiers within the development have successfully installed a mezzanine floor in other similar units).
Fixtures and Fittings
We understand that the unit will be delivered partially fitted.
Planning
The property is not listed or within a conservation area. We understand the subject property benefits from ‘Use Class E’ planning consent.
Service Charge
The service charge is weighted on a net internal area basis and is currently in the order of £2.75 per sq ft (subject to annual variation).
Rating
The subject property is on the 2023 Rating List with a Rateable Value of £44,750. The Multiplier for 2024/25 is £0.499. Please check www.voa.gov.uk for up to date information on rates payable (the Government has recently granted a rates holiday).
EPC
The EPC will be provided to seriously interested parties upon request.
Tenure
Leasehold. Offers are invited for a new Full Repairing and Insuring lease with terms to be agreed.
Rental Guide - £60,000 per annum (£9 per sq ft)
Rental offers will also be considered for sub-divided space to suit the requirements of the particular occupier (subject to status and covenant).
AML
In accordance with anti-money laundering regulations, the successful purchaser will be required to provide identification documents upon request and without delay.
Viewing
Staff are unaware – no direct approaches. Formal viewings must be arranged strictly by appointment with Savills.