171-173 High Street, Poole, BH15

Summary

PRIME HIGH STREET RETAIL UNIT

Location

The property is situated in an excellent position fronting the pedestrianised Poole High Street shopping area. The property benefits from excellent passing footfall and is located adjacent to the High Street level crossing. The level crossing is in regular use and many people congregate outside the property when the barriers are down.

Nearby operators include WH Smith, Grapetree, Superdrug, Cards Direct, Saltrock, Delfino Lounge (Loungers), Coffee#1, Cornish Bakehouse, Vodafone and various others.

The property is within close proximity to the Dolphin Shopping centre and various public car parks. The owners of the Dolphin Centre have recently achieved planning consent to redevelop the former Argos building fronting Falkland Square. Empire Cinemas have signed to take an 8 screen, 725 seat cinema with a pop up screen on the roof. There are various A3 units planned on the ground floor. Contractors are due on site shortly with a proposed 2020 handover. This is part of a wider plan to regenerate Poole Town Centre and significant public realm improvements are also planned.

Description

The property comprises an attractive two storey retail unit with rear loading access.

The ground floor is currently configured with open plan sales accommodation and separate partitioned office accommodation to the rear. A loading door provides access to a rear loading area accessed from Pitwines Close.

A rear staircase provides access to a sizeable first floor area which provides storage, ancillary staff accommodation and WC’s.

Tenure

The property is available, subject to vacant possession, by way of a new full repairing and insuring lease for a term to be agreed.

Rent

£57,500 per annum. Rent is exclusive of business rates, insurance and VAT.

Legal Costs

Each party to be responsible for their own legal costs.

Planning

We understand the property has the benefit of a Planning Consent for uses falling within Class A1 (retail) within the Town & County Planning (Use Classes) Order 1987.

Alternative uses may be acceptable, subject to the necessary consents.

Prime position fronting Poole’s pedestrianised High Street.

286 sq m (3,077 sq ft) with accommodation over two floors.

High footfall position adjacent to the High Street level crossing.

A1 retail use (alternative uses may be considered STPP).

Close to consented cinema development.