£250,000

Retail premises for sale

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Freehold

Offers over

£250,000

(£210.08/sq. ft)

Retail premises for sale

Sandford Road Store, Sandford Road, Wareham BH20

1,190 sq. ft

Local area information

Property location

Nearby amenities

  • Sandford St Martin's Church of England Voluntary Aided Primary School 0.4 miles
  • Wareham (Dorset) 1.1 miles
  • Holton Heath 1.1 miles
  • Wareham St Mary Church of England Voluntary Controlled Primary School 1.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
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.

    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.

    More information

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    Property descriptions and related information displayed on this page are marketing materials provided by - Sibbett Gregory. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Sibbett Gregory for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. Dorset
    4. Isle of Purbeck
    5. Wareham
    6. Sandford
    7. Sandford Road

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