Availability

To Let

Location

The property occupies a prominent position on the southern side of Southbourne Grove, the area’s principal retail thoroughfare, within the very heart of this affluent, vibrant and highly sought-after suburb.

This excellent trading location benefits from strong footfall and is surrounded by a range of established national and independent occupiers including Coffee No.1, Boots, the Post Office, Tesco Express, Loungers and Costa Coffee.

Southbourne is a thriving and popular cliff-top suburb located approximately three miles east of Bournemouth. Its bustling shopping district continues to benefit from a loyal and affluent local catchment, supporting a strong and diverse retail and leisure offering.

Size

767.00 sq ft (71.30 sq m)

Rent

£20,000 pa

Lease Term

The premises are available to sub-let by way of a new Full Repairing and Insuring (FRI) underlease for a term to be agreed. The new underlease will be contracted out of the Landlord and Tenant Act 1954.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Legal

The Money Laundering Regulations 2017 place a legal obligation on the agents to identify a proposed purchaser once the sale has been agreed and prior to instructing solicitors. Confirmation of the source of the purchaser's funds will also be required.

Financial Sanctions Regulations:

Letting agents are now legally required to check the OFSI list of sanctioned individuals and organisations throughout their work, from being instructed by prospective landlords or tenants to concluding letting agreements.

https://www.gov.uk/government/publications/financial-sanctions-guidance-for-letting-agents/financial-sanctions-guidance-for-letting-agents

Accommodation