Wimborne Road, Bournemouth

For sale by Public Auction and via Livestream on Thursday 18th April, 2024 at 2:00pm at the Digby Hall, Sherborne DT9 3AB. An investment opportunity to purchase a leasehold ground floor commercial premises located along Winton high street, subject to an existing tenancy with a passing rent of £3,540 per annum.

849 Wimborne Road (Leasehold) - AN INVESTMENT OPPORTUNITY. Situated off the busy Winton high street, 849 Wimborne Road is a ground floor commercial premises measuring approximately 30.1 m2 (324 ft2) comprising a shop floor, storage and a kitchen. The sale of the leasehold is subject to the existing tenancy and tenant is situ. The passing annual rent is: £3,540 (£295 pcm).

The leasehold interest in the property is being offered for sale by public auction to be held on 18th April 2024. The 99 year lease commenced on 11th May 1983 and has an unexpired term of 58 years. The rent payable under the lease is £5 per annum, with additional payments due to the landlord including a 1/3rd proportion of the annual buildings insurance premium and a fair proportion of the landlord’s costs in maintaining the structure of the building and the common parts.

Under the terms of the lease the tenant has a responsibility to maintain the shop front and there are internal repairing and decorating obligations.

Situation - Winton high street features a wide variety of local amenities. The commercial premises is located 2.5 miles north of the seaside Town of Bournemouth and 5 miles south-west of Bournemouth International Airport

Services - Local Authority
Bournemouth Christchurch and Poole (BCP)


Services
Mains Water, electricity, and drainage.
Rateable Value: £3,500
EPC rating: E

What3words - ///sums.ship.leaps