* Guide Price £500, 000 subject to contract
* Freehold Investment Opportunity
* Let to wh Smith Retail Holdings Ltd at a rental of £30, 000 per annum exclusive
* Totalling 4, 082. 22 Sq. Ft. (379. 39 Sq. M. ) NIA
* Prominent trading position on Wimborne Road, Winton
**Description**
The densely populated Bournemouth suburb of Winton is situated approximately 2
miles north of the town centre and is characterised by a vibrant retail scene
featuring a broad range of national and local retailers.
Winton has a large resident population of students attending Bournemouth
University and The Arts University College Bournemouth both of which have
campuses approximately one mile away. The area also plays host to a
significant number of foreign students attending the many language schools
with which Bournemouth is synonymous.
The property is ideally located within the most sought after part of the High
Street, and nearby occupiers include Waitrose, Boots, Holland & Barrett,
Poundland, Lidl, Scrivens, Card Factory, Superdrug and many more.
The subject premises is a substantial double fronted retail premises arranged
over ground and first floors and have the benefit of good rear loading
facilities including some staff parking.
**
Accommodation**
Ground Floor
Sales: 1, 975. 64 sq ft (183. 61 sq m)
Store: 179. 90 sq ft (16. 72 sq m)
First Floor
Open Plan Storage: 1, 135. 18 sq ft (105. 5 sq m)
Offices: 504. 32 sq ft (46. 87 sq m)
Store: 194. 43 sq ft (18. 07 sq m)
Plant Room: 92. 75 sq ft (8. 62 sq m)
Total Internal Area: 4, 082. 22 sq ft (379. 39 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**
Asset Rating - E125
**
Rating**
Rateable Value £35, 500
Source The 2023/2024 small business multiplier is 0. 499 (49. 9p 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
**Terms**
£500, 000 subject to contract for the freehold interest subject to subsisting
tenancies
**Tenancy details**
The property is let by way of a lease by reference dated 20th January 2023 to
wh Smith Retail Holdings Ltd for a term of 5 years from 1st March 2022 at a
passing rent of £30, 000 per annum, expiring 28th February 2027. There is a
tenant - only break option on the 1st March 2025 subject to 6 months' prior
written notice.
Please note all prospective purchasers will need to be verified for 'Anti
Money Laundering' purposes prior to issuing memorandum of agreed terms of
sale.

Property location on the map: Use mouse double click to (Zoom IN: LEFT button; Zoom OUT: RIGHT button)

Similar properties: