Commercial property for sale in Wimborne Road, Bournemouth BH10
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- To be offered on Tuesday 3 September
- Of interest to investors
- A terraced parade comprising a triple fronted shop
- Investment let at £12,000 pa (13.33% on guide price)
- 10 year lease from July 2019
- July 2024 break not exercised
- Comprises approximately 156.54 sq m (1,685 sq ft)
Property description
Strapline
Auction Sale - 03/09/2024
Of interest to investors
A terraced parade comprising a triple fronted shop
Investment let at £12,000 pa (13.33% on Guide Price)
Description
The property comprises a ground floor triple fronted shop with a front fore court for parking of up to three cars. The property also benefits from rear access from Pinewood Avenue.
Location
The property is located on Wimborne Road close to the junction with Pinewood Avenue, approximately 4 miles north of Bournemouth Town centre. Bournemouth is a popular seaside resort on the south coast, approximately 30 miles south-west of Southampton.
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. There is a rent review and break option in July 2024 of which both have not been exercised.
Accommodation
Please note the approximate areas have been provided by the voa/Vendor and the property has not been internally inspected by Savills. The photos and yellow line drawings are for illustrative purposes only and may not reflect the exact boundary of the site.
Ground - 156.54 sq m (1,685 sq ft)
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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