Retail premises for sale in 1-5 High Street, Wimborne, Dorset BH21, £850,000

850,000.00

Offer Nr.:
65736301
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Primmer Olds BAS
Phone(s):
01202 035973

* Freehold
* Prime location in strong market town
* Suit variety of uses (subject to necessary consents)
* Opposite Phase Eight/Mint Velvet/White Stuff
* Shopper's Car Park to Rear
* Rare opportunity to secure prime pitch
* Self contained 2/3 bedroom first floor flat
**Description**
for sale - Rare Opportunity to Secure Prime Shop Premises with Living
Accommodation in Sought After Market Town
**Location**
The attractive and historic East Dorset market town of Wimborne Minster is
situated approximately 5 miles north of Poole and some 10 miles north west of
Bournemouth.
The town features a vibrant mixture of local and national retailers and also
features a strong foody scene with a number of quality independent
restaurants, cafes and bars trading alongside national operators Wetherspoons,
Costa & Prezzo. Loungers are due to open on The Square in April 2023.
Both Waitrose and Co - op have supermarkets in the town and other major
retailers represented include: Mint Velvet, Fat Face, Crew Clothing, White
Stuff, Superdrug, wh Smith, Seasalt & Moshulu.
The premises occupy an excellent trading location within Wimborne's busy High
Street adjoining McColl's and opposite Phase Eight and Santander with roadside
parking (subject to daytime limited waiting) available opposite
The town centre benefits from a number of car parks collectively offering over
1, 100 car parking spaces. The High Street car park (40 spaces) is located
immediately to the rear of the subject premises.
**Description**
A Grade ll listed property offering a spacious ground floor shop unit together
with dda compliant WC. Stud partitioning currently provides storage space
within the overall net useable area.
A self contained first floor flat is accessed from the rear and comprises
entrance lobby, kitchen/lounge, 3 double bedrooms, bathroom, boxroom and
second WC plus loft space
**Accommodation**
Double Fronted Shop
Internal Width: 30'4" (9. 25 m) max
Net Potential Sales Area: 972 sq ft (90. 33 sq m)
First Floor Flat
3 Double Bedrooms & Boxroom - 856 Sq. Ft. (79. 55 Sq. M. )
**Planning**
Under the new planning regulations, we believe the current permitted use to be
use class 'E' which includes uses such as retail, professional services, café,
health clinics, indoor recreation/sport and office. All parties are advised to
make their own enquiries of the local authority for confirmation.
**EPC Text**
Shop - Asset Rating - D79
Flat - Asset Rating - D65
**Rating**
Rateable Value £35, 750
Source The 2023/2024 small business multiplier is 0. 499 (4. 99p payable per
£1). This determines what business rates are payable. All parties are advised
to make their own enquiries for confirmation. *If you qualify as a 'small
business' you may be eligible for substantial relief in connection with
business rates payable. We advise all parties speak to the local authority in
the first instance for confirmation.
**Terms**
**Tenure**
Freehold
**Price**
Offers are invited in the region of £850, 000 for the freehold interest.
**Tenancies**
Both shop and flat are currently let as follows: -
1 - 3 High Street (The Shop) Let to a private individual at a rent of £50, 000
per annum, exclusive. The tenant has exercised an option to break with effect
from 15th November 2023.
5 High Street (The Flat) We are advised that this is let by way of an Assured
Shorthold Tenancy at a rent of £1, 100 per calendar month. We are further
advised that this has reverted to a Statutory Periodic Tenancy with vacant
possession being possible upon the granting of two months' notice to the
tenant. We have not had sight of the tenancy agreement.
All interested parties should be aware of the Code of Leasing Premises 1st
Edition, February 2020, for England and Wales, which recommends that they
should seek professional advice from property professionals before agreeing or
entering into a business tenancy.

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