Retail premises for sale in Sandford Road Store, Sandford Road, Wareham BH20

Offers over £250,000 (£210.08/sq. ft)
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Retail premises for sale

1,190 sq. ft*

Property description

Key Points

  • Prominent commercial unit fronting Sandford Road
  • Total income of £17,500 per annum with 12 years, 11 months unexpired term
  • 110.55 sq m (1,190 sq ft)
  • Forecourt parking for 7 vehicles + bicycle & motorbike parking
  • 20,000 average annual daily vehicle movements (source: )
  • Description

    The property comprises a single storey detached building used as a convenience store. A small office/store is located to the rear of the property which leads out to a small external yard area.

    The property has the benefit of forecourt parking at the front for a maximum of 7 car parking spaces together with allocated bicycle and motorbike parking.

    Availability_Text

    The accommodation comprises the following areas:

    Tenure

    The premises are available for sale on a freehold basis. Subject to the existing tenancy

    Tenancy

    Let to Mary Jeyakumar trading as Sandford Road Convenience Store on a Full Repairing and Insuring Lease for a term of 15 years with open market rent reviews every 5 years from November 2021 at a rent of £17,500 per annum exclusive. There is security in the form of a rent deposit of £4,375.

    Price

    Offers in excess of £250,000.

    Business Rates

    We are verbally informed that the property has a rateable value of £21,500. The Rates Payable will be determined by the Uniform Business Rate Multiplier which is set by the Government annually.

    Energy Performance Certificate

    The property has an energy rating of c-57. A copy of the full EPC is available on request.

    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 E, within the Town & County Planning (Use Classes) Order 1987 as amended.

    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
    Sibbett Gregory, BH15 on +44 1202 060365 * (local rate)

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    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sibbett Gregory, and do not constitute property particulars. Please contact Sibbett Gregory 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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