Unit 5 Parkland Place, 39-41 Old Milton Road, New Milton, Hampshire, BH25 6DJ

Property Details: • Type: 565 sq ft • Tenure: N/A • Floor Area: N/A

Key Features: • Available Now on a New Lease. • Suitable for variety of uses (STP) • Total Net Internal Area: 536 Sq. Ft. (49.82 Sq. M.) • 100% Small Business Rates Relief (subject to eligibility) • Incentivised commencing rent available

Location: • Nearest Station: New Milton Station • Distance to Station: 0.2 miles

Agent Information: • Address: Minster Chambers, 43 High Street, Wimborne, BH21 1HR

Full Description: Description536 Sq. Ft. (49.82 Sq. M.) Class E Office/Retail Unit To Let in New Milton Town Centre. Rent Free Incentives Available Subject to Terms.The Highly Sought-after market town of New Milton, situated on the South-western edge of Hampshire. The town centre location provides plenty of local amenities including local independent retailers, high street shops and popular restaurants and bars. For those commuting to work outside of the market town, New Milton train station is 0.3miles from the site and provides links to major cities such as Southampton, Bournemouth and Central London.Parkland Place is located right in the middle of the shopping and office area on Old Milton Road and is adjacent to the main High Street on Station Road. There is a pay a display car park closeby and plenty of free on street parking along Old Milton Road.RatingRateable Value £8,500Source The 2024/2025 small business multiplier is 0.499 (49.9p payable per £1). This determines what business rates are payable. All parties are advised to make their own enquiries for confirmation. *If you qualify as a 'small business' you may be eligible for substantial relief in connection with business rates payable. We advise all parties speak to the local authority in the first instance for confirmation.TermsAvailable by way of a new effective full repairing and insuring lease for a term to be agreed at a commencing rent of £7,500 per annum in year 1, rising to £9,000 per annum in year 2 and £10,000 per annum in year 3, exclusive of rates VAT (if applicable) and all other outgoings. A three month rent deposit is to be held throughout the duration of the term.Service Charge: Circa £257 per half year (plus VAT)Note: It is understood VAT is payable on rents.PlanningUnder the new planning regulations, we believe the current permitted use to be use class 'E' which includes uses such as retail, professional services, café, health clinics, indoor recreation/sport and office. All parties are advised to make their own enquiries of the local authority for confirmation.EPC TextAsset Rating - C70Anti Money LaunderingAll interested parties should be aware of the Code of Leasing Premises 1st Edition, February 2020, for England and Wales, which recommends that they should seek professional advice from property professionals before agreeing or entering into a business tenancy.