Mixed Use Investment Property For Sale in Wimborne, Dorset, BH21

This property is marketed by:
Nettleship Sawyer

Key Features

• Established local parade on main access road into housing estate serving densely populated immediate vicinity.
• Spar convenience store, hairdressers, 3 bedroom flat let on AST and planning consent for further 2 bed flat. 
• Total income from April ‘26  - £48,405.53.
• Flat currently under rented, possibly available vacant possession.
• For sale Freehold - £650,000 

Location

The property occupies a busy local trading location on the main access road (off Leigh Road) to this densely populated housing estate and also serves the Brook Road Industrial Estate.  It also benefits from forecourt and on street parking adjacent.

ACCOMMODATION AND LEASES

Shop 1

• Trading as She Clips Hairdressers
• Retail area  473 sq ft
• Cloakroom/WC and kitchenette
• Let on a full repairing and insuring lease to April 2032(by way of renewal by reference to existing lease) at a current rent of £8,160 pa rising to £9,616 pax in April 2026 subject to 3 year rent reviews and tenant only break clause in April 2029

Shops 2/3

• Retail and storage 1,550 sq ft approx.

Office                           170 sq ft

• Let to Appleby Westwood Group Ltd (Wessex Retail Ltd) as a Spar Convenience Store on a 15-year full repairing and insuring lease from 13th July 2020 at a current rent of £27,389.53 subject to 5 year RPI linked rent reviews.

Flat

• A spacious modern flat with gas central heating and UPVC double glazing throughout.
• Comprising well fitted kitchen, lounge/diner with access to roof terrace, 3 double bedrooms, bathroom and separate WC.
• Currently let on an Assured Shorthold Tenancy at a rent of £950 pcm (£11,400 pax).
• We feel that this is much less than the likely achievable rent in the open market.
• The tenant will vacate, if required.
• TOTAL INCOME (from April 2026)- £48,405.53.

NB

• Planning consent was granted in May 2022 for the erection of a new 2 bedroomed first floor flat to the rear of the property and sewage connected and utilities have been installed but not connected, to activate this consent.
• Plan attached.  Application No. 3/21/1574.
• CIL payment of £11,483.60 required.

PRICE

£650,000 for the Freehold. Interest subject to and with the benefit of the existing leases.

ENERGY PERFORMANCE CERTIFICATES 

1. Flat – Band D Rating (64)
2. Shop 1 – Band C Rating (68)
3. Shop 2/3 – Band C Rating (52)