{"loaderData":{"0-6":{"propertyListing":{"building":{"id":"756924833031504","summary":"Freehold industrial investment let to award-winning Olympus Gym, producing £24,000 per annum. The tenant has invested significantly in the premises, which benefits from a recently installed insulated composite roof and extends to approximately 2,205 sq ft","archived":false,"description":"The property comprises a mid-terrace industrial/warehouse unit of traditional blockwork construction beneath a pitched roof.

It is currently occupied by Olympus Gym, an established and award-winning independent fitness operator which has invested significant capital into the premises since taking occupation. The tenant has undertaken substantial improvements to create a high-quality training facility, demonstrating a commitment to both the property and location.

The accommodation is predominantly open plan warehouse space with ancillary office accommodation, kitchen facilities and male and female WC’s. A reception office is located at the front of the building with additional mezzanine office/storage accommodation above.

The property has recently benefited from a comprehensive roof replacement, with a new insulated composite roof installed in 2022 providing improved thermal performance and significantly reducing future maintenance requirements.

TENANCY
The property is sold subject to an occupational lease to Olympus Pure Muscle Limited, producing a current rental income of £24,000 per annum exclusive until Februray 2028
.
Olympus Gym is an established and award-winning independent fitness operator which has invested significant capital into the property, creating a high-quality specialist training facility and demonstrating a strong commitment to the premises and location.

Further lease information is available upon request.

TENURE
The property is available to purchase Freehold.

PRICE
£325,000 exclusive of VAT

LOCATION
The premises are situated within a courtyard development of industrial units accessed from Francis Avenue, Wallisdown.

The estate occupies a highly accessible location close to the Wallisdown Road and Ringwood Road junction, providing excellent access throughout Bournemouth, Poole and the wider South Coast conurbation.

PLANNING
We understand that the unit has planning consent for Class E commercial and is currently being used as a private members gym.

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

EPC
C-61

FINANCE ACT 1989
Unless otherwise stated, all prices and rents are exclusive of Value Added Tax. Purchasers must satisfy themselves as to the incidence of VAT in respect of any transaction.

BUSINESS RATES
The VOA website confirms a rateable value of £18,250, 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. ","disclaimer":{"raw":"Disclaimer - Property reference 4afrancis. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by J.M. WATTS COMMERCIAL PROPERTY LIMITED, Poole. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":["PARKING"],"keyFeatures":["Recently installed insulated composite roof (2022)","Freehold investment opportunity","Let to award-winning Olympus Gym","Current rental income of £24,000 per annum","Tenant has invested significant capital into the premises","Approx. 2,205 sq ft (205 sq m) accommodation","Lease in place until February 2028","Open-plan warehouse/training space with ancillary offices","Established industrial location with excellent road links","Potential for future rental growth and asset management opportunities"],"environment":{"epcRating":"C","breeamRating":null,"environmentalDescription":null},"pricing":{"price":325000,"displayQualifier":"NONE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":0,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":0,"planningPermission":null,"businessForSale":false,"media":{"brochures":[{"uri":"property-brochure/b6842e216/756924833031504/b6842e216dbbfdd1afe6941a4f6ec541.pdf","description":""}],"photos":[{"uri":"property-photo/4e9190b2e/756924833031504/4e9190b2eeaa2d82004911518d7f699c.jpeg","description":""},{"uri":"property-photo/a5e388028/756924833031504/a5e388028dcea988eeac18cc9b42d3d5.jpeg","description":""},{"uri":"property-photo/3a4f493f8/756924833031504/3a4f493f88f308e05511d64a5838bac2.jpeg","description":""},{"uri":"property-photo/4b0adee4c/756924833031504/4b0adee4c1217fbd4685e84a02cfbc8c.jpeg","description":""},{"uri":"property-photo/65bc72cc6/756924833031504/65bc72cc63db69fd95418692616bd471.jpeg","description":""},{"uri":"property-photo/4168ed184/756924833031504/4168ed184d33ce6d1bd997d08dbc8e58.jpeg","description":""},{"uri":"property-photo/fe15476e1/756924833031504/fe15476e10bad3c431849144a78105fa.jpeg","description":""},{"uri":"property-photo/25b80b557/756924833031504/25b80b5573bbdade9068f0000c65a4e8.jpeg","description":""},{"uri":"property-photo/956b4a7e7/756924833031504/956b4a7e7743875bfb8a13eda827baa2.png","description":""}],"floorPlans":[],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":"SQFT","size":2205,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"Unit 4a, 11-15 Francis Avenue, Bournemouth","showMap":true,"postcode":{"incode":"8NX","outcode":"BH11"},"streetView":{"latitude":50.755727,"longitude":-1.934354,"heading":29.98105,"pitch":0,"zoom":1,"showStreetView":true},"latitude":50.75593,"longitude":-1.93417},"nearestStations":[{"distance":2.04460984558192,"name":"Branksome Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":2.373092080848431,"name":"Parkstone Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":3.335358345179432,"name":"Poole Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"J.M. WATTS COMMERCIAL PROPERTY LIMITED, Poole","email":null,"profileUrl":"/estate-agents/agent/Watts-Holt/Poole-126898.html","logo":"/partner-logo/15729400-LOGO-1765976706.png","id":126898,"description":"

We are an agency and consultancy based on the South Coast with years of experience in all aspects of commercial property.

We are able to provide advice on lettings and sales of all commercial property, including shops, offices, industrial units and land throughout Poole, Bournemouth and beyond.

Our extensive market knowledge and prompt approach to matters has earned us the reputation as one of the most active agencies in the area.

Our client base ranges from multi-national property corporations to the smallest investor looking to maximise the value of their portfolio.

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