5 The Parade, Marshall Road, Waterloo, Poole, Dorset, BH17 7EZ
Size
772
Tenure
Leasehold
EPC
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Parking
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- Primary use
- Other
No floor / site plan
Key features
- FOR SALE BY AUCTION ON THURSDAY 4TH JUNE 2026 (UNLESS SOLD PRIOR).
- Ground Floor Shop Investment
- Producing £14,000 per annum
- Gross Yield 10% on Net Rent
Description
Located within this neighbourhood parade serving the surrounding residential population, approximately 2 miles north of Poole town centre.
Poole lies approximately 5 miles west of Bournemouth and benefits from good road access via the A35 and A338.
PROPERTY
Forming part of a retail parade comprising a Ground Floor Shop.
ACCOMMODATION
Ground Floor Shop
Gross Frontage 22'6"
Built Depth 47'0"
Area Approx. 772 sq ft¹
WC
¹Not inspected by Barnett Ross. Area taken from VOA
VAT is NOT applicable to this Lot
TENURE
Leasehold for a term of 150 years from 23rd September 2005 (thus having approx. 129 years unexpired) at a fixed ground rent of £520 p.a.
TENANCY
The property is let on a full repairing and insuring lease to BSL02.Tanning Ltd and B. Tiller (as a Tanning Salon having 2 branches) for a term of 16 years from 17th May 2024 at a current rent of £14,000 per annum exclusive.
Rent Reviews 2028 & 4 yearly.
Tenant's Breaks 2030 & 2036.
Note: 6 week completion.
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Tenure
- Leasehold
- Length of lease
- 129 years left
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirements- BREEAM rating
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- Environmental description
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Brochure
5 The Parade, Marshall Road, Waterloo, Poole, Dorset, BH17 7EZ
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