Commercial Property for sale

Wareham Road and Froud Way, Corfe Mullen, WIMBORNE, Dorset

£1,500,000

Property Description

Key features

  • Commercial & Retail Investment
  • Main Road Frontage
  • Five Retail Units
  • Post Office
  • Hair Dressing Salon
  • Personal Training Studio
  • Horse Tack Shop
  • Beauty Clinic
  • Development Potential
  • Customer Parking

Full description

Tenure: Freehold

A most interesting and attractive opportunity to acquire a Commercial and Residential investment which is presently producing £55,810 per annum, situated in a prominent position on the corner of Froud Way.

Property ref: 121_1131_4183711


Description 
A most interesting and attractive opportunity to acquire a Commercial and Residential investment which is presently producing £55,810 per annum, situated in a prominent position on the corner of Froud Way and Wareham Road at its junction with Springdale Road, Corfe Mullen. The property comprises five individual shop units, three fronting the Wareham Road and two fronting Froud Way, together with two flats, on assured shorthold tenancies.

To the rear is a customer/tenant car park off Froud Way. Potential does exist to extend the residential and commercial element of the development providing additional shop units and additional first floor accommodation above. There may be development potential of the car park, subject to planning permission.

Property Income 
Total £40,750 Commercial & £15,060 Residential Per Annum

Unit 1 PO - £11,500 per year to 7/1/17
Rent review every three years to 7/1/27

Unit 2 FL - £7,500 to 5/11/16; £8,000 to 5/11/17; £8,500 to 5/11/18

Unit 3 VIPH - £9,000 per year to 9/1/19; rent review every three years until 9/1/22

Unit 4 - £6,500 per year to 2024; rent review every 3 years.

Unit 5 BP - £6,500 per year to 2023; rent review every 3 years.

220a Wareham Road - £610 per calendar month; one-bedroom flat; six months from 2/4/16 to 1/10/16 renewable.

220b Wareham Road - £645 per calendar month; two bedroom flat; six months from 15/2/16 to 14/8/16 renewable.

More information from this agent

Nearest stations

  • Hamworthy (2.7 mi)
  • Poole (3.6 mi)
  • Parkstone (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fisks, Wimborne

12 East Street, Wimborne, BH21 1DS

03339 873399 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Fisks, Wimborne

12 East Street, Wimborne, BH21 1DS

03339 873399 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Hamworthy (2.7 mi)
  • Poole (3.6 mi)
  • Parkstone (4.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Fisks, Wimborne

12 East Street, Wimborne, BH21 1DS

03339 873399 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 4183711. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Fisks, Wimborne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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