They are considered suitable for a 100 cover (A3) coffee shop, restaurant, bistro (subject to licences and planning permissions). The premises which will be offered in a “shell” condition comprise the following approximate areas:
Basement 1,057 sq ft/98 sq m (GIA).
Ground Floor 1,619 sq ft/150 sq m (GIA).
First Floor 454 sq ft/42 sq m (GIA).
There is potential for a limited amount of external seating within the proposed area to be demised.
The premises have the benefit of a Class A3 planning consent. We have not had sight of this documentation and would strongly recommend that any interested parties make their own enquiries with the New Forest District Council on 02380 285000. However, there will be a restriction prohibiting the use of the premises as a public house/wine bar.
The premises are centrally situated in Lymington, which is an attractive and affluent Georgian market town with a population of approximately 15,000 people, located between Southampton and Bournemouth. The Angels Yard retail development links the High Street with one of the town’s principal car parks. Nearby retailers include Tesco’s, Waterstones Book Shop and independent retail operators.
The premises will be offered by way of a new Full Repairing and Insuring Lease, term to be agreed, subject to upward only rent reviews every 5 years. Rental offers in the region of £50,000 per annum, exclusive are being sought.