Retail unit for sale in Poole

This property is marketed by:
Nettleship Sawyer

Location:

The unit is prominently located on Marshal Road, within a long-established local shopping parade. The property is adjacent to a Premier Convenience Store and a Take-Away and has the benefit of unlimited on street car parking to the front of the premises and nearby. The property is located approximately 0.7 miles from Broadstone Town Centre, which is a popular and affluent suburb of Poole.

Description:

The property is a ground floor lock up retail premises, comprising a main open plan sales area, with a single WC and kitchenette area to the rear. 

Accommodation:

Shop Internal Width 14’ 9’’

Depth 37’ 6”

Net Retail Area 553 Sq. Ft / 51.4 Sq. M 

Kitchen area 125 Sq. Ft / 11.61 Sq. M 

Store area 14 Sq. Ft / 1.3 Sq. M 

Tenure:

The premises are held by way of a long leasehold interest for a term of 999 years, which expires in 3005. A peppercorn ground rent is payable.

The premises are let to a private individual by way of a new 15 year lease from 1st January 2021, thus expiring 1st January 2036. The lease incorporates RPI linked rent reviews upon every 2nd anniversary of the term and there are no tenant break options during the term. The current rent passing is £6,000 per annum exclusive.

Price:

£79,950

Rateable Value:

£4,300 

*Small business rates relief is applicable for the current tenant*

Legal Costs:

Each party are to be responsible for their own legal costs incurred in the transaction.

VAT:

The vendor has confirmed that the premises are currently not elected for VAT.

See attached brochure for more information