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Commercial property for sale

Tesco Express, 704 Wimborne Road, Bournemouth

Guide Price
£625,000

Business rates & charges may apply

Savills, Savills Auctions- Commercial
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SECTOR

Commercial property for sale

Key features

  • To be Offered on Tuesday 10 February
  • A freehold mixed use investment with 6 car parking spaces
  • Majority let to Tesco Stores LTD by way of an assignment; let at £33,300 p.a.
  • 15 year lease from February 2015
  • February 2025 rent review not implemented
  • Tesco has been in occupation since 2000 and a break in Feb 2025 not exercised
  • Includes a three bedroom flat/HMO above (of which two are vacant)
  • Future development potential to add more dwellings (subject to consents)
  • VAT-Free investment
  • Investment let at £47,600 p.a. (7.62% GIY on Guide Price)

Description

A two storey property comprising of ground floor convenance store TA as Tesco Express. The first floor is arranged as a 3 bedroom flat/HMO, of which one is vacant.

The property is located on a busy high street with surrounding side streets predominantly residential.

The property is located is located on the west side of Wimborne Road, Between the junctions of Victoria Road Park and Jameson Road.

Bournemouth Station is located an approx. 1.8 miles from the property

Brochures

Tesco Express, 704 Wimborne Road, Bournemouth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bournemouth Station1.5 miles
  • Branksome Station2.3 miles
  • Pokesdown Station2.6 miles

About Savills, Savills Auctions- Commercial

33 Margaret Street, London, W1G 0JD

Notes

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Disclaimer - Property reference 644FD13D-C391-4EA2-881B-6354D99285D7. 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 Savills, Savills Auctions- Commercial. 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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