Retail premises for sale in North Street, Wareham BH20

Location

Wareham is situated 8 miles to the west of Poole and 3.5 miles north of Swanage and is considered the Gateway to the natural beauty of the Purbecks. The town has seen good growth in terms of population (currently approx. 6,000) and in commerce / industry.

This Grade II listed property is situated in the very heart of this attractive Purbeck market town established in the 16th Century, opposite One Stop, Boots, the Post Office and adjacent Savers.

Accommodation

Grade II Listed building

Ground Floor
Shop - 611 sq ft
Ancillary offices / store - 406 sq ft
Cloakroom / WC
Kitchen

First Floor
Offices / Stores - 764 sq ft

Second Floor
Store - 306 sq ft

Outside

Good size garden / yard providing car parking accessed from the rear.

Lease

The whole building is let to Age UK for a term of 10 years from 25/12/2018 at a current rent of £19,000 pax subject to outstanding rent review from December 2023, no tenant break clause. The lease is held on full repairing and insuring terms.

Price

£325,000 - subject to and with the benefit of the occupational lease to Age UK

Tenure

Long leasehold. Approx 737 years unexpired at a peppercorn rent.

Energy performance certificate

Assessment - Band E
The full EPC and recommendations report are available on request.

Anti money laundering regulation

We will need to verify the identity of prospective purchasers and tenants for aml purposes prior to issue of any memorandum of agreed terms. Further details will be provided.

Business rates (source:

Rateable value - £14,250 (April 2023)