Retail premises for sale in 22 Bournemouth Road, Poole BH14

£449,950 (£236.44/sq. ft)
Retail premises for sale 1,903 sq. ft*
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Property description

Retail investment with ancillary income from ground rents located in a thriving suburb of Poole.

Warwick Court is a mixed use development which comprises a large retail unit on the ground floor with 20 residential apartments above and to the rear of the development.

Accommodation

Ground Floor retail unit - 1,903 sq ft

Residential apartments

Block A 5 apartments
Block B 9 Apartments
Block C 6 Apartments

The ground floor retail unit is let to White on Ltd by way of a 15 year full repairing and insuring lease from 8 December 2014. There are upward only rent reviews very 4 years and no break options during the term.

The current passing rent is £27,200 per annum exclusive. There are 3 personal guarantors.

The residential apartments are sold off by way of 125 year long leasehold interests from 2004 with the lasst being sold in 2006. The leases incorporate 25 yearly rpi rent reviews and the totla current ground rent is £3,100 per annum.

Tenure - Freehold

Price - £449,950 plus VAT

Please see attached brochure for more details

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Nettleship Sawyer, BH2 on +44 1202 060363 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nettleship Sawyer, and do not constitute property particulars. Please contact Nettleship Sawyer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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