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Commercial Property for sale

Portfolio, Blandford Forum, Dorset

Under Offer £525,000

Property Description

Full description

Location
The properties are situated in the centre of Blandford Forum (population circa 11,700), an attractive and thriving Georgian market town in the heart of Dorset with independent shops, cafes, restaurants and pubs. It is approximately 20 miles from Bournemouth, 23 miles from Salisbury and 26 miles from Weymouth. There are mainline railway stations at Dorchester (18 miles), Bournemouth and Salisbury. Bournemouth International Airport at Hurn is about 17.5 miles.

The Portfolio
The portfolio is a group of five freehold retail investment properties with residential upper floors let on a number of long leases producing ground rents.

Services
The shop unit has mains electricity, water and drainage. We are not aware of the services connected to the residential flats.

Price
Freehold available with a guide price of £525,000 representing an initial yield of 9.8%.

VAT
The sale is not subject to VAT.

Service Charges
All properties are subject to a service charge.

Legal Costs
Each party to bear their own legal costs.

Planning
We understand that all the shops have A1 use with the exception of 47c East Street which also benefits from D1 use. No 2 and No 4 Tabernacle Walk both have A2 Use.

Viewing and Further Information
Strictly by prior appointment with the sole agents, Humberts.
Tel: 01722 342391
Email: salisbury.commercial@humberts.com


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