Retail premises for sale in Wimborne Road, Bournemouth BH10

Auction T&c's

Solicitor
Tees Law
Tel: Ref: Samantha Worth
Email:

Auction Conditions of Sale and Notes

For full details please refer to the auction catalogue available online at
Legal and Information Pack
A full legal pack can be purchased online. Please telephone the office below to check availability.

We strongly recommend you instruct a solicitor to inspect the legal pack on your behalf.

* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction). The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The ‘Reserve Price’ may exceed the ‘Guide Price’ listed. If so, it is customary for the ‘Reserve Price’ to exceed the guide price by no more than 10%.

Additional Fees

• The successful purchaser will be required to pay the Auctioneers a Purchaser's Administration Fee of £1200 (£1000 plus VAT) payable to Symonds & Sampson. For purchases of £50,000 or less the Administration fee will be £900 (£750 plus VAT). If two or more lots are offered together in the first instance, or lots are purchased under one contract, the administration fee will apply per lot and not per contract. The charge will apply to lots bought prior to and post auction.

• In the event of non-payment or underpayment a deduction will be made from the deposit received. A VAT receipt will be issued in the name of the buyer.

• Disbursements – Please see the legal pack for any disbursements listed that may become payable by the purchaser.

Auction Text - Digby Hall, Sherborne

For sale by Public Auction and via Livestream on 25 July at 2pm at Digby Memorial Hall, Digby Road Sherborne DT9 3NL. Register to bid in the room, online, by telephone or by proxy via our website.

Services

Services:
Mains electricity, water and drainage.

Local Authority

Local Authority:
Dorset Council - Tel:

Tenancy

Tenancy The property is let on a full repairing and insuring lease (subject to a schedule of condition) to E. Dilworth t/a Butterfly Nails and Beauty for a term of 10 years from 10th July 2019 at a current rent of £12,000 per annum exclusive. Rent Review and Tenants Break 2024, . The tenant has not exercised the break clause – and will be staying another 5 years. Rent review pending.

Tenure: Leasehold for a term of 999 years from 22nd June 2011 at a fixed ground rent of £100 p.a.

Auction Notes

As at 4 June 2024
Mobile phone networks are likely outside and most are likely inside. Source
We are not aware of any planning applications in the postcode area that affect the property. Source Dorset Council.