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Description

The property consists of a mixed development including ground floor commercial, lower ground flat with two further flats above.

The flats have been sold by way of long lease and the shop is currently let by way of 10 year lease from November 2020 at a passing rent of £10,500 per annum exclusive.

Presented in excellent order, the commercial element is configured with open plan seating area and breakfast bar are to the front with worktop, counter, serving area and separate WC to the rear.

The unit is offered with GFCH, downlighters and active security alarm.

LOCATION

The property is centrally located between Poole and Bournemouth on Poole Road in Branksome. Approximately 3 miles from both town centres, located opposite the Redland Retail Park with great prominence from the John Lewis Home Store.

Branksome Train Station is a three minute walk.

PRICE

£159,950 for Freehold with benefit of below leases. We understand VAT is not applicable

1) Flat 1 (Basement) – Lease 1st January 2007, Term 999 years, Ground Rent £100PA – Title number DT433618

2) Flat 2 (First Floor) – Lease 11th March 2005, Term 125 years, Ground Rent £100PA (increased by £25 every 25years) – Title number DT328861

3) Flat 3 (Second Floor) – Lease 1st January 2005, Term 125 years, Ground Rent £100PA (increased by £25 every 25years) – Title number DT328860

4) Shop unit – Lease 13th November 2020 for 10 years to Walid Bradai & Ayoub Haciane at £10,500 per annum- The lease incorporates a tenant break option in November 2023

PLANNING

We understand that the unit has historic planning consent for class A3 cafe and now benefits from Class E Commercial Use

In accordance with our usual practice, however, all interested parties are encouraged to contact Poole Borough Council, planning department ) with respect to authorised use of the property and their proposed use.

FINANCE ACT 1989

Unless otherwise stated, all prices and rents are exclusive of Value Added Tax. Lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.

BUSINESS RATES

The VOA website confirms a rateable value of £5,402 and the current small business rate multiplier is 49.1p

Interested parties are advised to obtain confirmation of the rateable value and rates payable from the local authority.

For more information visit:

IMPORTANT NOTE

At no time has a structural survey been undertaken and appliances have not been tested.
These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form part of any contract.

MONEY LAUNDERING REGULATIONS

Under Money Laundering Regulations, we are obliged to verify the identity of a proposed tenant/buyer prior to instructing solicitors. This is to help combat fraud and money laundering and the requirements are contained in statute.

Property Documents

  • 453 Poole Road Sale Particulars
  • Address: 435 Poole Road
  • City: Poole
  • State/county: Dorset
  • Zip/Postal Code: BH12 1DH
  • Country: United Kingdom

Contact info

Jason Watts
Jason Watts
01202 46158607798 753513
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