For Sale by private treaty.

Offers based on £149,500 are sought for the Freehold interest, equating to a net initial yield of 10.72%.

A Freehold Retail Investment Opportunity

The property comprises a ground floor retail shop currently trading as Betfred bookmakers and fitted out to their usual corporate design. To the first floor, there are 6 flats which have been sold off long leasehold. To the rear there is a car park for 18 cars (also sold off long leasehold) where the occupational tenant has the right to park two cars.

Accommodation
Ground Floor 926 sq ft (86 sq m).
First Floor 6 flats (sold off long leasehold).

Location
Blandford Forum is an attractive Dorset town located on the River Stour, 16 miles north-west of Bournemouth and 12 miles south of Shaftesbury. It lies in close proximity to the A350 and A345 roads, which link to the A303 to the north and the A31 and A35 to the south.
The property is situated on the north side of East Street (B3082), between its junctions with Damory Street and Sheep Market Hill.
Occupiers close by include: Sue Ryder, M&Co, Age UK, Specsavers, Dominos and Boots, amongst a range of local traders.

Tenure
Freehold, subject to existing tenancy.

Tenancy
Please see enclosed brochure.

VAT
We are advised that VAT is not applicable.

Business Rates
The property has a rateable value of £9,400 and qualifies for 100% business rates relief. Purchasers should satisfy themselves in this regard.

EPC
Rating - D

Legal Costs
Each party is to be responsible for their own legal costs that may be incurred in this transaction.

Anti Money Laundering
In accordance with anti-money laundering regulations, two forms of identity and confirmation of the source of funding will be required from the successful purchaser.