Retail premises for sale in Sandford Road Store, Sandford Road, Wareham BH20, £250,000

250,000.00

Offer Nr.:
66127911
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Sibbett Gregory
Phone(s):
01202 060365

* 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.

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