Available
Poole – Retail Shop
383 Ashley Road, Poole, Bournemouth BH14 0ATVirtual Freehold Retail Investment
Price
£70,000
Rent P.A.
£5,200
Yield
7.43%
Tenure
Leasehold
Lease Term
3 Years
Years Left on Lease
2y 7m
Area
280 SQ FT
VAT Applicable
No
Sector
Investment Consideration
- Comprises ground floor retail shop
- Occupiers close by include KFC and Waitrose, amongst other local retailers.
Key Features
Tenure
Leasehold
VAT
VAT is not applicable.
Property Description
The property comprises ground floor retail shop providing the following accommodation and dimensions:
Ground Floor: 26 sq m (280 sq ft)
Open plan retail, Storage, WC
Ground Floor: 26 sq m (280 sq ft)
Open plan retail, Storage, WC
Tenancy Description
The property is at present let to an Individual for a term of 3 Years from 24th June 2024 at a current rent of £5,200 p.a. Rent review in December 2025 open market upward only. No breaks. Deposit held of £875.
Tenure:
Long Leasehold. Held on a 999 year lease from 28th August 2020 at a ground rent of peppercorn.
Tenure:
Long Leasehold. Held on a 999 year lease from 28th August 2020 at a ground rent of peppercorn.
Tenancies & Accommodation
Location Description
Poole is a coastal town in Dorset, southern England, known for its large natural harbour and sandy beaches. The A350 road is Poole town centre's main artery, running north along Holes Bay and on to the A35, and as a single carriageway to Bath and Bristol. The property is located on a retail parade with occupiers nearby including KFC and Waitrose, amongst others.